Macquarie Group Jacksonville Expands Operations

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Breathtaking aerial view of waves crashing on Port Macquarie coastline in NSW, Australia.
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Macquarie Group Jacksonville is expanding its operations, offering a wider range of services to clients in the region.

The expansion is a result of the company's growing presence in the area, with a dedicated team in place to support local clients.

Macquarie Group Jacksonville is well-positioned to capitalize on the region's economic growth, with a strong track record of delivering results for clients.

The company's expanded services will provide clients with greater flexibility and access to a broader range of investment and financial solutions.

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Macquarie Group Expansion

Macquarie Group invested a total of $4.8 million in two floors of the Riverplace Tower.

The company chose Jacksonville as a global banking shared-services office, which was announced in July 2015.

The team provides finance, accounting, tax, and regulatory support, as well as other services to Macquarie functions in the U.S. and some European markets.

Macquarie's U.S. headquarters is in New York, and it has offices around the country.

Credit: youtube.com, Where could a career in Business Banking take you? | Macquarie Group

The company agreed to create 123 jobs by the end of 2017 and pay an average wage of $64,356, in addition to benefits.

A total of 800 applications were made for the initial Jacksonville jobs.

The first 60 employees consisted of 40 local hires and 20 transfers from Macquarie Group offices in London, Hong Kong, India, New York, Houston, and Sydney.

The City Council approved taxpayer incentives of $393,600 for the first 123 jobs.

Macquarie requested $1.37 million from the state, which consisted of a QTI match of up to $590,400, a Quick Action Closing Fund up to $500,000, and a Quick Response Training Grant up to $282,900.

The company expected to invest $2.2 million into improving its leased space, which was exceeded as of year-end 2017.

Launch and Recruitment

Macquarie Group is expanding its presence in Jacksonville, and the company is looking for talented individuals to join its team. Macquarie will establish an office with more than 85 finance and tax roles.

Smiling businessman in office analyzing financial graphs on a large screen, demonstrating professional success.
Credit: pexels.com, Smiling businessman in office analyzing financial graphs on a large screen, demonstrating professional success.

The new office will be located in the Riverplace Tower, situated at 1301 Riverplace Boulevard. Macquarie will move into the new office in early 2016.

Macquarie is seeking accountants or individuals with a background in finance, tax, and product control across all levels. The company provides extensive training programs to support new employees in learning the specifics of Macquarie's systems, processes, and services.

The new office will offer a variety of amenities, including a fitness center, a bank, an onsite childcare facility, and an outdoor area with seating.

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Key Personnel

At the helm of Macquarie Group Jacksonville are several key personnel who drive the company's success.

Nicolas Broby is the Managing Director of Macquarie Infrastructure and Real Assets' Americas business, overseeing the company's operations in the region.

Shawn Mallett serves as the Chief Operating Officer, responsible for the day-to-day management of the business.

As a seasoned professional, Shawn brings a wealth of experience to the role, having held various leadership positions within the company.

The team at Macquarie Group Jacksonville is led by experienced professionals who have a deep understanding of the local market and a proven track record of success.

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Frequently Asked Questions

How prestigious is the Macquarie Group?

Macquarie Group is a highly prestigious investment banking firm, recognized globally for its expertise in M&A, infrastructure, and renewable energy. Its top-ranked status reflects its exceptional reputation and capabilities in the financial industry.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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