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Mars Capital Finance Ireland to create 100 Dublin jobs

Mars Capital Finance Ireland CEO Colin Maher
Mars Capital Finance Ireland CEO Colin Maher

Credit servicing firm Mars Capital Finance Ireland is to create 100 financial services jobs at its Dublin city centre offices.

The company said the new roles are needed to manage €9 billion worth of assets in the Irish market following recent new business wins and the continued growth of existing clients.

Mars Capital provides credit servicing for Irish banks and financial institutions with a focus on performing, re-performing and non-performing residential mortgage loans and loans to small and medium-sized enterprises (SMEs).

The new jobs cover a wide range of financial services roles, including technology, governance and contact centre managers to service the residential consumer mortgages that it manages on behalf of its clients in Ireland.

"We always seek to understand the circumstances of our customers and the challenges they are facing, exploring all appropriate options with the goal of helping them return to long term financial stability," said Mars Capital Finance Ireland CEO Colin Maher.

"There is a growing demand across the Irish financial services sector for the diverse and flexible range of services we offer, and we are seeking high-value candidates to join our team and be part of our growth and expansion," Mr Maher said.

Established in 2015, Mars Capital's workforce has grown from 60 in 2020 to a current team of 130 in Dublin.

In 2017, it was purchased by parent company Arrow Global which is currently planning significant investment in Ireland across a range of sectors including commercial lending and property.

"In addition to our market-leading servicing operations, we are working to bring new services and innovative lending options to the market for Irish businesses," said Mark Gollin, Managing Director and Global Head, Platforms at Arrow.

"Private credit has a significant role to play and there is still a strong demand from businesses looking to grow their businesses," Mr Gollin said.