New EY service delivery centre in Ballarat to create 200 jobs
Federation University’s Ballarat Technology Park is welcoming a new tenant, with Ernst & Young to establish a new service delivery centre at the park.
Professional services firm Ernst & Young is preparing to launch a new service delivery centre in Ballarat, with potentially 200 jobs to be created in regional Victoria over the next three years. Opening its doors in July, the new centre will initially focus on supporting financial services sector clients, and has been established in collaboration with Federation University and through the support of the Victorian government.
EY partner and project lead Daniel Wong said the firm would be expanding its client servicing options through the centre. “We recognised this as an opportunity to invest in regional Australia, and the Ballarat Technology Park provides us with a great location, proximity to Federation University, and access to a robust talent pool.”
In the coming years, EY hopes to grow its team in the centre to “over 200 people from all walks of life in our local and surrounding communities,” said Wong.
With recruitment already underway, the accounting and consulting firm stated that the new positions would be entry level, with options available for part-time, out of semester, school hours, or full-time employment.
EY will also provide traineeships and reskilling opportunities for those who are first starting out in the workforce or simply looking to change careers, and employees will have access to EY’s other formal and informal learning opportunities, including EY MBA.
Operated by Fed Uni, EY will join anchor tenant IBM among others at the tech park. The uni’s vice-chancellor, Duncan Bentley, said the new jobs would significantly boost economic activity in the local region. “We will work closely with EY teams to help them to continue to build their vision for Ballarat and will ensure that they have a pipeline of high-quality graduates capable of meeting their workforce needs in future years.”
Among other positions, the firm is currently advertising for financial crime analysts for the centre, which will support large banks and other financial sector clients in Australia and across APAC with on-shore services in compliance with local data privacy and regulatory requirements. Successful applicants will carry out tasks such as monitoring banking customer transactions and identifying risks associated with financial crime.
The centre has been established with funding support from the Victorian government’s International Investment Strategy initiative, which aims to attract global organisations to the state.
Treasurer Tim Pallas said, “Investments like this show that regional Victoria is a great place to do business and a terrific source of talent. We’ll keep creating the conditions that allow businesses such as EY to expand and put on new workers because it supports local communities and has flow-on benefits for the wider economy.”