A financial services outsourcing firm plans to take advantage of the rich pool of employee prospects in North Carolina and add more than a thousand jobs there.
During the next five years, Zenta Mortgage Services plans to create 1,002 new jobs, North Carolina Gov. Bev Perdue announced today. The jobs will be located in Charlotte, where the company already has 263 employees.
New York-based Zenta provides outsourcing services to financial services companies. Among its residential offerings are servicing, originations and default services. On the commercial mortgage side, Zenta offers due diligence, servicing and investor services.
On its Web site, Zenta said it is currently recruiting experienced mortgage underwriters, mortgage processors and closers.
It will start its hiring in January.
The average annual wage for the new jobs is $47,900, according to today’s news release.
In the statement, Perdue and Zenta Chief Executive Officer Henry Hortenstine highlighted Charlotte’s strong pool of prospective financial services employees.
Bank of America Corp. is based in Charlotte, while Wachovia Corp. had its headquarters there before being acquired by Wells Fargo & Co.
North Carolina’s Economic Investment Committee voted to award a job development investment grant of as much as $8.6 million. The grant works out to 60 percent of state personal income withholding taxes generated from the new jobs for each of nine years that Zenta meets annual performance targets.
Zenta will invest $2 million as part of the expansion.
The state said it could see nearly $3 million added to its industrial development fund for infrastructure improvements in economically distressed counties as a result of the deal.