Head of Institutional Risk, IG Group
3 days a week in office (Cannon Street, London)
Global fintech investment platform
Posted today
Global fintech investment platform
1001+ employees
Posted today
3 days a week in office (Cannon Street, London)
1001+ employees
Company mission
To power the pursuit of financial freedom for the ambitious.
Role
Who you are
- 10+ years of experience in risk management, with at least 5 years focused on institutional business and/or corporate banking
- Strong understanding of IG’s product offering; experience with a range of financial products, including physical and synthetic prime brokerage, as well as digital assets
- Advanced degree in Finance, Economics, Business Administration, or related field
- Professional risk certification preferred (FRM, PRM, or equivalent)
- Strong knowledge of relevant regulatory frameworks (Basel, Dodd-Frank, GDPR, etc.)
- Deep understanding of institutional client segments and their unique risk profiles
- Experience developing risk frameworks for complex institutional products and services and interfacing with regulators
- Proven leadership skills and ability to influence across organisational boundaries
What the job involves
- The Head of Risk for Institutional Business is responsible for developing and implementing a comprehensive risk management framework for the business’s corporate, governmental, and financial services clients
- This executive-level position balances strategic business objectives with robust risk controls while ensuring regulatory compliance across all institutional activities
- As the Head of Institutional Risk, you will report direct to IG's Chief Risk Officer, with a secondary reporting line into the MD of IG Prime
- Design and oversee the risk management framework specific to institutional business lines and provide risk leadership and guidance to institutional business units and executive management
- Develop a risk monitoring process and mitigate existing and emerging risks across institutional portfolios
- Partner with cross-functional business leaders to integrate risk considerations into strategic decision-making
- Establish risk appetite and tolerance levels whilst ensuring compliance with relevant regulations and enabling business growth
- Report risk metrics and issues to senior management and relevant committees
- Lead and develop a team of risk professionals focused on institutional business
- Success Metrics
- Effective management of the institutional risk profile within the defined risk appetite
- Timely identification and mitigation of emerging risks
- Positive regulatory outcomes and minimal compliance breaches
- Strong partnership ratings from institutional business leaders
- Development of innovative risk management approaches that enable business growth
Salary benchmarks
Our take
Founded in 1974 by Stuart Wheeler as a UK-based spread betting company for gold, IG Group abbreviated from Investors Gold Index, spent the first quarter century focused on trading physical assets. It was only in the year 2000 that it was finally listed on the London Stock Exchange and its gradual evolution into the world of fintech began.
By 2011 after various gambling industry-related controversies, the company had played a part in numerous international buyouts before finally narrowing its focus down to financial wagers. During the latter half of that decade, IG shut down its binary options trading platform and focused instead on building an investment portfolio with partner BlackRock Investments, all whilst maintaining its Forex and CFD trading processes. Since then, it has become a fast-paced market leader in the investment space.
In recent years, IG Group has developed major platforms for various trading actions and has grown profit and revenue significantly despite various investment setbacks. Thanks to its agility and reaction speed to changing financial tides, it's proven itself to be a staple of the financial trading world.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
5% employee growth in 12 months
Company
Company benefits
- Matched giving for your fundraising activity
- Performance-related bonuses
- Pension, insurance and medical plans
- Career-focused technical and leadership training in class and online, including unlimited access to the LinkedIn Learning platform
- Contribution to gym memberships and more
- A day off on your birthday
- Two days’ volunteering leave per year
- Best-in-class shift allowance
- Out-of-hours transport entitlement
Company HQ
City of London, London, UK
Articles
Leadership
Breon Corcoran
(CEO, not founder)Joined IG Group as CEO in January 2024. Prior to this, they were the CEO of WorldRemit and a Non-Executive Director at Tilney Group.
Diversity, Equity & Inclusion at IG Group
- Employee-led LGBTQ+, Women’s, Black and Parents & Carers networks with an annual budget for organising events & projects that foster an open, diverse and inclusive culture.
Share this job
View 18 more jobs at IG Group