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Financial job creation continues after contract win

Published 23 Jul 2008
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Newcastle Building Society is set to create at least another 50 new jobs in the region after winning a five-year, multi-million pound contract from a national financial services firm.

The Society is expecting significant numbers of applications for the new posts from Northern Rock staff facing the threat of redundancy.

In September last year, Newcastle Building Society pledged to create 500 new jobs over a five-year period. This latest contract win puts it well ahead of schedule, increasing the 116 posts already filled by another 50. There are also around 50 further vacancies across other areas of the business.

The new contract awarded by the firm, whose name cannot yet be revealed, will involve developing its savings offering and the launch of a new savings account brand.

Colin Seccombe, Newcastle Building Society chief executive, said: "The Strategic Solutions team continues to go from strength to strength, alongside our more traditional member-focused business, and it is helping us fulfil the challenging expansion and job creation targets we set ourselves last year.

"We have employed around 35 former Northern Rock staff in recent months."We feel that there will be many more Rock staff who will be looking for more certainty in their employment situation and we would encourage them to speak to us about the sort of career opportunities for which we are now recruiting."

Interested applicants can email the Society at recruitment.

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