Embark is planning to hire more than 50 people in Dundee over the next few months as it looks to expand its platform operations in the city.
Embark’s team in Scotland is nearly 200 people strong and this latest round of hiring will see it grow by over a quarter.
The firm said it is looking to hire at all levels, from school leavers and graduates to individuals with extensive experience in financial services and fintech.
Embark has been engaging with Abertay University and the University of Dundee to recruit graduates, alongside continued support from Scottish Enterprise, the Scottish Government and Dundee City Council.
Peter Docherty, chief executive officer of the Embark Platform, said: “This is an opportunity to join a fast-growing, dynamic fintech. We are excited by the potential of the talent in Dundee and how it will contribute to our continued development.
“We’ve been delighted by the support provided by Scottish Enterprise and we look forward to continuing to build our presence in Dundee and bring exciting new job prospects to the area.”
Mark Hallan, Scottish Enterprise director of global investment, added: “Scottish Enterprise has supported and followed Embark’s journey and it is fantastic to see new jobs and further growth in a key sector as well as plans to nurture fintech entrepreneurs.”
Embark announced its acquisition of the Zurich platform in November 2019, after reports in the summer that Zurich was eager to sell the business.
This followed an agreement for Embark to buy the adviser platform business of Alliance Trust Savings from Interactive Investor, a move that brought £6bn of assets and about 30,000 clients to the Embark platform.
amy.austin@ft.com
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