Excerpted from the Ireland Career Guide
Dublin is Ireland’s financial capital. Its International Financial Services Centre (IFSC) employs nearly 33,700 workers and is home to 25 of the world’s top banks and ten of the world’s top insurance companies, including Merrill Lynch, Sumitomo Bank, ABN Amro, Citibank, AIG, JP Morgan (Chase), Commerzbank, BNP Paribas and EMRO. A support ecosystem consisting of shared services centers, financial software development, outsourcing service providers, and legal and accountancy companies have also sprung up around the IFSC.
The Irish government's strategy for the International Financial Services Centre (IFSC) aims to create 10,000 net new jobs in the industry by 2016. The strategy focuses on insurance, banking, fund administration and investment management, 'green' financial services and payments as areas of potential.
Areas of Job Promise
Banking and funds: Banks seek professionals with credit restructuring, property or real estate, and strong technical credit analysis experience. Risk, compliance and regulation continue to provide opportunities. In the funds industry, employers seek professionals with experience in fund accounting, shareholder services/transfer agency, financial reporting, compliance and business analysis or project management.
Risk, compliance and regulation: Risk, compliance and regulation professionals are in demand in the banking sector and funds industry, especially AML, KYC, and BASEL II and III specialists. The area of operational risk has also begun to grow.
Organizations and Trade Associations
Association of Chartered Certified Accountants (ACCA)
The Association of Chartered Certified Accountants (ACCA) is a global professional accountancy body with 404,000 students and 140,000 members worldwide, and with more than 16,000 members and students in Ireland. It aims to offer the first choice qualifications to people of ability and ambition around the world who seek a rewarding career in accountancy, finance and management. Members, who are known as Chartered Certified Accountants, are employed in industry, financial services, the public sector or public practice. With statutory recognition in the UK and Ireland, ACCA has the authority to license its members to work as registered auditors.
9 Leeson Park
Tel: +353 1 447 5678
Fax: +353 1 496 3615
Sunday Business Post
The Sunday Business Post is a national Sunday newspaper that describes itself as "Ireland's Political, Economic and Financial Newspaper." It is a general newspaper with a strong emphasis on commerce, politics and financial markets. It publishes three supplements weekly: The Market, which concentrates on Irish Stock Exchange and company news; Agenda, an entertainment and features magazine; and a property supplement. Computers in Business magazine is also included on a monthly basis. According to the Joint National Readership Survey, it is read by 5.5 percent of Irish Sunday newspaper readers. Users can sign up to get a free weekly news digest delivered directly to their inboxes at http://www.sbpost.ie. The online version of the newspaper is available by subscription. Access to the Monday to Friday Daily Business Post is free (http://www.businesspost.ie/), but users pay for material published by the Sunday title.
Sunday Business Post
This is just a short sample of what you’ll find in over 100 pages of information in the complete Ireland Guide.