Embark Group, a UK retirement solutions provider, has announced plans to hire more than 50 employees in Dundee to develop its platform operations in the city further.
The new employees will become part of the Embark platform, which offers market-leading technology for businesses and financial advisors, and is located at Embark’s Dundee headquarters. The Embark team in Scotland has nearly 200 members, and in the latest round of recruitment, the number will increase by more than a quarter “in the next few months”.
Embark seeks talents at all levels, from school graduates and graduates to individuals with extensive experience in financial services and technology. The group has been actively cooperating with the University of Abertay and the University of Dundee to recruit graduates and has received continuous support from Scottish companies, the Scottish Government and Dundee City Council.
Embark has been deeply involved in the local Dundee community through its flagship sponsorship of the Embark Dundee e-bike sharing program. It helped provide funding to implement the program and support the city to make active transportation more available with the support and cooperation of the Scottish government.
Scottish companies and other major partners are also committed to creating a dedicated fintech start-up studio in Dundee. Its goal is to help Dundee cultivate diverse and talented entrepreneurs.
Mark Hallan, Scottish Enterprise director of global investment, said: “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.”
“EY’s latest UK Attractiveness Survey for Financial Services made clear the appeal of Scotland for future investment, and the talented workforce was one of the reasons why Embark was attracted to Dundee, so it is great news for the area and also adds to the wider regeneration of the city too.”
Peter Docherty, Embark Platform chief executive, 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.”