Barclays has announced plans to increase its footprint in Prague, creating around 200 new high-skilled technology jobs in the city, to boost its in-house engineering and development capability.
Barclays has laid out plans to the Ministry of Industry and Trade, Czech Republic, to launch a recruitment campaign in the country to attract Developers, Project Managers and Business Analysts. The bank will also offer a number of apprenticeship opportunities.
These roles will support the bank’s operations in Risk, Finance and Treasury and businesses within the Investment Bank.
As a centre of technical excellence, Barclays Prague is an increasingly important part of the bank’s vision to provide world-class operations and technology services.
This investment means that over time, Barclays will employ more than 1,000 technology professionals in the city – twice as many than at the start of this year.
Antoinette O’Neill, Chief Information Officer for Risk, Finance & Treasury and Functions Technology, Barclays said: “Our operations in Prague play a pivotal role in Barclays’ technology ecosystem. Growing our in-house development capability will drive greater collaboration across our teams, enabling more effective delivery of our IT strategy.
“With a highly-educated and skilled workforce, coupled with great infrastructure, our expansion in Prague will enable us to provide more end-to-end services.”
Petr Očko, Deputy Minister, Ministry of Industry and Trade, Czech Republic said: “We are pleased to welcome technologically advanced investment which brings our capital city as well as the whole country new opportunities.”
Patrik Reichl, CEO, CzechInvest said “CzechInvest is a proud partner of Barclays‘ activities in the Czech Republic since 2015. It is a pleasure for us to keep on cooperating with Barclays team on its development as well as on cultivation of the Czech technological and business environment.”
Barclays is a British universal bank. The businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by their service company which provides technology, operations, and functional services across the Group.
For further information about Barclays, please visit home.barclays