A massive increase in new fund admin jobs in Limerick

Ireland's graduates are in luck - again. One week after we said UCITs-related jobs are still hot in Ireland and after Deloitte said it wanted to hire 200 graduate in the Republic, it emerged today that Northern Trust is creating 400 new jobs in Ireland - more doubling the company's size here.

It won't all happen at once: the 400 new roles are to be created between now and 2017. Some will be for graduates, but others will be for senior staff from "across the globe".

Northern Trust said it's particularly keen on hiring, "high calibre graduates from the local universities and colleges, such as University of Limerick and the Limerick Institute of Technology."

It says the roles will be in everything from traditional and hedge fund accounting, to transfer agency, financial reporting, pricing, custody, private equity, alternative asset administration, client reporting, real estate administration, as well as finance, Information Technology, Human Resources and training, and corporate services.

Northern Trust made 220 redundancies in Ireland last year. This seems to mark a change of heart.