Credit Risk Manager

IG Group; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player in the fintech sector is seeking a Credit Risk Manager to enhance their approach to institutional client credit risk. This role involves rebuilding the credit assessment process and implementing ISDA agreements, offering a unique opportunity to influence policy at high levels. The successful candidate will collaborate with senior management and cross-functional teams, ensuring a significant impact on the organization's risk profile. Join a dynamic team that values innovation and diversity, and take your career to the next level in a supportive environment that prioritizes personal growth and professional development.

Benefits

Competitive salary

Flexible benefits package (12%)

Private medical cover

Life insurance

Gym membership contributions

28 days holiday

Holiday buy/sell options

Unlimited LinkedIn Learning access

Comprehensive onboarding

Diverse employee networks

Qualifications

• Experience in credit risk within a bank or consulting firm.
• Strong understanding of industry-standard risk models.

Responsibilities

• Conduct comprehensive credit risk assessments focused on institutional clients.
• Present policy changes at the Risk and Executive Risk Committees.

Skills

Credit Risk Assessment

Portfolio Margining Models

ISDA Agreements

Industry-standard Risk Models

Job description

So, who are we?

Hello, we’re IG Group, an FTSE 250 Fintech providing cutting-edge mobile, web, and desktop platforms that enable our clients to trade Stocks & Shares, leveraged products, Futures & Options, and Crypto.

We are ambitious. Over 340,000 users already utilize our platforms. We operate globally with offices in 18 countries and products in 16 regions. We aim to innovate faster, deliver better products, and grow our user base. We value high autonomy and seek individuals eager to do things differently to enhance customer experiences.

Our teams are cross-functional, with a focus on increasing active clients for sustainable growth.

The Team

The Financial Risk Team manages IG Group’s credit, market, capital, and liquidity risk profiles end-to-end. They develop and deploy industry-standard risk models to inform policy, enforce it, and report to various committees including the Risk Committee, the Executive Risk Committee, and the Board Risk Committee.

Your Role in the Team’s Success

As the owner of the credit risk profile for the Group, we seek a Credit Risk Manager to innovate our approach to institutional/corporate client credit risk. This involves rebuilding our credit assessment process for our diverse global clients and implementing ISDA agreements to replace our standard Client Agreement. Experience in this area is essential.

The successful candidate will work within a small (6-person) London-based team with significant exposure to senior management. They will present policy changes at the Risk Committee and collaborate closely with the Head of Client Credit Risk, Sales & Trading Teams, and Credit Operations.

What You’ll Do

1. Conduct comprehensive credit risk assessments focused on institutional clients.
2. Present policy changes at the Risk and Executive Risk Committees.
3. Coordinate with Sales & Trading teams to implement ISDA agreements and model modifications.

How We Work

We adopt a thoughtful hybrid working model with 3 days in the office to balance collaboration and connection.

Our five core principles to drive performance and satisfaction are:

• Lead and Inspire: Build trust, alignment, and enthusiasm.
• Think Big: Focus on impactful problems.
• Champion the client: Prioritize customer needs.
• Deliver at pace: Pursue fast, sustainable growth.
• Raise the bar: Take ownership, be accountable, and share feedback.

We value diversity, believing it fuels innovation and success. We encourage applications from diverse backgrounds to help us achieve our vision. Learn more about our Diversity & Inclusion approach here.

What You’ll Need

• Experience in credit risk within a bank or consulting firm.
• Knowledge of portfolio margining models.
• Experience with ISDA agreements.
• Strong understanding of industry-standard risk models (stress-testing, VaR, ES, LGD, PD, etc.).

The Perks

Your growth drives our success. We offer tailored development programs, mentorship, career progression, and opportunities to expand your network through committees and social activities. Additional benefits include:

• Competitive salary
• Flexible benefits package (12%)
• Private medical cover for you and your family
• Life insurance
• Gym membership contributions
• 28 days holiday (including birthday and voluntary work days)
• Holiday buy/sell options
• Unlimited LinkedIn Learning access
• Comprehensive onboarding
• Diverse employee networks with budgets for events
• Participation in ESG initiatives via IG Brighter Future Fund
• Enhanced parental leave and support programs

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