Head of Institutional Risk | London, UK (London)

IG Group Holdings plc London, United Kingdom

IG Group Holdings plc London, United Kingdom Apply now Posted 17 days ago Permanent Competitive

Head of Institutional Risk

Job Title
Head of Institutional Risk

Job Description

So, who are we?

Hello, we're IG Group. We are an FTSE250 FinTech company who run mobile, web and desktop platforms that help our clients trade stocks & shares, leveraged products, Futures & Options and Crypto.

We are ambitious. Over 340,000 people already use our platforms. We're global with offices in 18 countries and products in 16 regions. We're hungry to move faster, ship better products for our customers and grow our user base. We believe in high autonomy, and we want people who are looking to do things differently in order to create better experiences for our customers.

We work in cross-functional teams and are laser-focused on increasing the number of active clients we serve to drive sustainable growth.

IG PRIME

IG Prime is our institutional-client offering, leveraging IG's strong heritage of pioneering and expertise. Since its launch in 2006, IG Prime has offered new and innovative trading products to hedge funds, family offices, private investment vehicles, banks, brokers, and asset managers. With global reach backed by Tier1 banks, institutional and professional investors can find opportunities across more than 17,000 equities and 24/5 pricing on major indices, FX pairs, commodities and more.

IG Prime also offers direct market access (DMA) on equities and forex through the Synthetic Prime offering, as well as custody and execution services on equities and exchange-traded funds (ETFs).

Your Role in the Team's Success

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.

What you'll do

• 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

What you'll need for this role

• 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

How we work

We try to take a thoughtful approach to our ways of working as a company. We follow a hybrid working model with 3 days in the office -- which we think balances the need to collaborate effectively and connect with each other. When it comes to how we deliver, there are 5 things we want everyone to do to drive high performance, better learning and career satisfaction:

• Lead and Inspire: Drives trust, alignment, and enthusiasm
• Think Big: Focus on the problems that most impact commercial outcomes
• Champion the client: Understand and prioritise client's needs
• Deliver at pace: Push for fast, sustainable growth;
• Raise the bar: Take ownership, be accountable and share feedback

We believe that diversity is vital to success; it fuels creativity, drives innovation and sets us up for global success. We're committed to building teams with a variety of perspectives and skills to help us realise our vision and strategy, that's why we encourage applications from people with diverse backgrounds and experiences to join us on this journey. Learn more about our D&I approach here.

The Perks

Your growth fuels our success!

Thrive with tailored development programs, mentoring opportunities with leaders, and clear career progression. Expand your network through committees, sports and social clubs. Enjoy extra time off for volunteering and community work.

• Competitive salary
• Flexible Benefits Package on top of your salary (12%)
• Private medical cover for you and your family
• Life insurance
• Contribution to gym memberships
• 25 Days holiday, with 1 additional day off to celebrate your Birthday & 2 additional days off a year for voluntary work (28 in total
• The option to buy or sell holiday days.
• Unlimited access to the LinkedIn Learning Platform
• A comprehensive global and local onboarding process
• 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
• Option to participate and create ESG initiatives based on IG Brighter Future Fund
• Enhanced primary (maternity), secondary (paternity), and shared parental pay and leave, as well as a range of support and benefits for parents

Learn more about the Perks here!

Join us for this exciting journey.

Apply now!

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