BEST EMPLOYEE DEVELOPMENT PROGRAMME (LARGE)
WINNER: FIN TRU
Paolo Ruoppolo and Paula McMenamin from FinTrU are presented with the ‘Best Employee Development Programme – Large’ Award by professor Gillian Armstrong, associate Dean (Development and Partnerships) at Ulster University Business School
Fast-growth FinTrU has become integral to the fabric of its communities
BELFAST and Derry-based FinTrU, a multi-award-winning technologically-enabled regulatory solutions company specialising in the areas of KYC, compliance, legal, risk & controls and operations, was one of three double-winners at the Irish News Workplace & Employment Awards.
Established in 2013, it works in partnership with investment banks around the globe to design technology enabled solutions to help them meet regulatory obligations.
FinTrU, which partners with global clients in New York, Toronto, Paris, Frankfurt, Tokyo and Madrid, has established additional offices away from Belfast in Derry, New York, Maastricht and Dublin, working exclusively with investment banks who have a global presence enabling them to span geographic areas in response to its clients’ needs.
It truly is a global company, and over the last six years its overseas earnings have increased by more than 4,000 per cent and now account for quarter of all sales.
FinTrU, which employs more than 1,000 people, works with clients to design technology-enabled solutions to help them meet their regulatory obligations and support their existing internal functions.
“We consider ourselves to have a fundamental social purpose to create high-quality professional employment and we care deeply about our culture and values of Partnership, Passion, People and Professionalism,” the company said in its awards submission.
FinTrU is renowned for its unprecedented fast growth and as a leading employer in Northern Ireland. Indeed in recent years it has been named in the Virgin Atlantic Sunday Times Fast Track 100 League Table.
Earlier this year FinTrU was named as one of the fastest growing companies in Europe by the Financial Times for the second year in succession and also won the Queen’s Award for Enterprise for International Trade.
Since January 2020 it has doubled its headcount to over 1,000, achieved through what is says is excellent coordination and regular communications which continues through the induction and training, which has been re-structured to be accessible in virtual and on-site environments.
FinTrU has a number of culture committees and networks across all offices under the banners of:
From the beginning of every employee’s journey, each will be provided with the necessary tools to enable their development as subject matter experts in their field. Last year alone, this company invested a six-figure sum in accredited professional development courses for each employee
FinTrU prides itself on being an outstanding place to work, with a proud company culture, and during the last two years of the pandemic it has continued to provide hardware, software and office furniture to all its employees.
Hybrid working is available company-wide, and employees can decide to work in office and/or from home, with the company adapting a “Your preference is our preference”
approach, meaning employees are not required to work in office on set days.
FinTrU says its goal is to maintain social interaction with literally scores of online and in-person activities organised by its employee-driven culture committees and in-house events team.
The company has rapidly grown during the past year, reaching 1,000 employees in February 2022. Turnover and attrition/sickness absences have been low for a company of such size, with 395 employees earning promotions since January 2021.
Last year FinTrU launched its market-leading benefit scheme – FinTrU Unplugged. This benefit offers employees, who have served a minimum of five years with the company, a four-week paid sabbatical. As part of our market-leading employee welfare/benefits, FinTrU introduced a comprehensive pregnancy loss policy. This means that should the loss of a child occur, the pregnant employee is entitled to two weeks of paid leave and the partner is entitled to one week of paid leave.
FinTrU also led the way in Northern Ireland with the virtual pre-employment training academies. It delivered 11 academies since January 2021 (15-plus graduates per academy) and it honoured all recruitment commitments including graduates (200+), placement students (70+) and apprentices (10+).
FinTrU’s mantra continues to be ‘Local Talent Global Stage’, and how it affects society is consistent in its thinking. When the company announced its 605 job creation target in June 2018, some 305 of the roles were assigned to Derry, which it says demonstrates its commitment to the area and aligns with the company’s social purpose in creating high-quality employment.