Credit Operations Lead

IG Group

City Of London

On-site

GBP 75,000 - 110,000

Full time

7 days ago

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Benefits offered by this job

Competitive salary

Flexible Benefits Package

Private medical cover

Job summary

IG Group is seeking a Credit Operations Lead to drive the day-to-day leadership of the Credit Operations team, ensuring credit risk, margin, client categorisation and debt management activities meet regulatory requirements.

You will set standards for operational control, act as escalation for complex client and credit matters, and drive continuous improvement across processes and controls as the business grows.

Qualifications

Proven experience in a credit operations or related role within financial services.
Experience leading a team and developing people.
Knowledge of margin and credit risk concepts and FCA framework including Consumer Duty.
Strong control mindset with audit or regulatory experience.
Excellent communication and analytical skills.

Responsibilities

Lead and develop the Credit Operations team, setting objectives and KPIs.
Oversee client margin calls, settlements and close-out activity with timely, well-documented decisions.
Manage the assessment, approval and periodic review of credit facilities and limits.
Oversee client classification ensuring FCA compliance and internal policy.
Manage end-to-end debt management and recovery processes, including escalations and write-offs.
Maintain first-line risk controls and remediation of issues.
Act as senior escalation point for complex client queries and complaints related to credit/margin/status.
Produce daily/weekly/monthly management information and present trends to stakeholders.
Lead in audits, compliance monitoring and regulatory requests with timely responses.
Maintain up-to-date procedures and process documentation.
Collaborate with Compliance, Risk, Finance, Dealing, Legal and Account Management.

Skills

Credit operations

Credit risk

Margin

Team leadership

FCA regulatory

Consumer Duty

Analytical thinking

Communication skills

Education

Degree level education

Tools

Excel

Reporting tools

Job description

So, who are we?

IG Group is a FTSE 100 fintech operating across five continents, serving over 1.4m customers and handling billions of dollars in transactions – built on scale, trust, and proof. We didn't pivot to innovation; it's how we've always operated. What that means for the people who work here is real: genuinely complex problems to solve, the technology and resources to tackle them properly, and the kind of scope that's rare in established businesses.

Job Title

Credit Operations Lead

Job Description

Credit Operations Lead

So, who are we?

The bar is high – bring a curious and forward-thinking mindset and we'll give you the platform to define what comes next.

Join us at IG – the future gets built here.

Your role in the Team's Success

As Credit Operations Lead, you will be responsible for the day-to-day leadership of the Credit Operations team, ensuring the group's credit risk, margin, client categorisation and debt management activities are delivered accurately, on time and in line with regulatory requirements. You will set the standard for operational control within the team, act as the escalation point for complex client and credit matters, and drive continuous improvement across our processes and controls. Reporting to the Head of Client Operations, you will play a key role in protecting both our clients and the group while helping shape how the function operates as the business grows.

What You’ll Do

Your responsibilities include:

Lead, coach and develop the Credit Operations team, setting clear objectives, managing performance and ensuring the team meets its individual and collective KPIs

Oversee the management of client margin calls, account settlements and close-out activity, ensuring decisions are timely, consistent and well documented

Own the monitoring and management of client credit exposure, including the assessment, approval and periodic review of credit facilities and limits within delegated authority

Oversee the retail to professional client classification process, ensuring assessments are robust, evidenced and compliant with FCA requirements and internal policy

Manage the end-to-end debt management and recovery process, including client engagement, repayment arrangements, escalation to third parties and write-off recommendations

Own and maintain the first line risk controls for the team, covering risk monitoring, risk identification and risk analysis, and ensure issues and breaches are identified, recorded and remediated promptly

Act as the senior escalation point for complex client queries and complaints relating to credit, margin and account status, ensuring good client outcomes in line with Consumer Duty

Oversee the production and distribution of daily, weekly and monthly management information, reports and audits, and present key insights and trends to senior stakeholders

Lead the team's response to internal audit, compliance monitoring, external audit and regulatory requests, ensuring evidence is accurate and actions are closed within agreed timescales

Maintain up-to-date procedures and process documentation, ensuring the team operates to documented and controlled standards

Build strong working relationships with stakeholders across the business, including Compliance, Risk, Finance, Dealing, Legal and Account Management

Identify opportunities to improve efficiency, automation and control, and work with product owners and technology teams to deliver change and enhance our client offering

Key Requirements

What you'll need :

Proven experience in a credit operations, credit risk, margin or client operations role within financial services, ideally in a leveraged trading, brokerage or investment environment

Experience of leading, managing or supervising a team, with a track record of developing people and delivering through others

Sound understanding of margin and credit risk concepts, and working knowledge of the FCA regulatory framework, including client categorisat

ion and Consumer Duty

Strong control mindset, with experience of operating and evidencing first line controls and supporting audit or regulatory reviews

Excellent communication skills, both verbal and written, with the confidence to handle difficult client conversations and challenge stakeholders constructively

Strong analytical ability and attention to detail, with the ability to interpret data and turn it into clear recommendations

Ability to work well under pressure, make sound decisions in fast-moving markets and prioritise effectively across competing demands

Self-motivated, organised and comfortable taking ownership of outcomes

Desirable

Degree level education, or a relevant professional qualification such as the CISI Investment Operations Certificate or equivalent

Experience of debt recovery or collections processes

Experience of process improvement, automation or change delivery within an operations function

Proficiency in Excel and familiarity with data or reporting tools

The perks

It really is more than a job. We’ll recognise your talent and make sure that you can still have a life – at work, and outside of it. Networks, committees, awards, sports and social clubs, mentorships, volunteering opportunities, extra time off… the list goes on.

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