Senior Risk Manager

  • IG Group
  • Frankfurt, Germany
  • 16/05/2022
Full time Analysts Backoffice Compliance Fintech Forex Legal Trading

Job Description

Join the game-changers :

Join our fast-growing Spectrum team and thrive in a game-changing business. Spectrum is an innovative new approach to retail trading for those who want 24-hour trading access to the markets with complete transparency, increased choice and maximum control. Headquartered in Frankfurt, Germany, we offer a new way of dealing in securitised derivatives for the Pan-European retail market; aimed at financial institutions and their retail investors. Since launch, trading has been available in: Germany, France, Italy, Spain, Sweden, Norway, the Netherlands, Ireland, and Finland. Our best-in-class technology ensures we safely match a significant number of orders and process multiple quotes every second, meaning retail investors can be confident in trading what they want, at the price they want, at any time.

Who we are

We’ve been at the forefront of trading innovation since 1974, taking on the challenge to deliver an unmatched experience for our clients and raise the bar for tomorrow’s opportunities. Today, we’re a global fintech company incorporating the IG, tastytrade, IG Prime, Spectrum and DailyFX brands, with a presence in 20 countries across five continents and over 400 000 active clients worldwide. But we know our success is only possible because of our people, who we encourage and empower to be brave, determined and inventive. Join us if you’d like to work in an inclusive, collaborative team that will recognise your talent and allow it to shine.

Job Purpose

To oversee all aspects of risk control, ensuring that business is conducted within the operational risk and other relevant risk limits decreed by the Management Board.

Role Responsibilities

    • Oversee and champion all aspects of the risk control environment, including governance, communication, maintenance and development of the Spectrum risk framework and continued compliance with prudential regulations.
    • Develop and maintain the local risk strategy.
    • Provide support, advice and reporting for the senior management on risk related matters.
    • Support the CRO in leading the continued development of the local risk department through the areas of governance, team development and technical awareness.
    • Oversee and develop the key functions of the Risk Controlling to ensure they are in line with regulatory requirements and market standards, including:
      • Production and review of the ICAAP
      • Oversee and review stress testing.
      • Develop and prepare proposals for the Management Board regarding the local risk appetite.
      • Regulatory capital management and compliance with the rules.
      • Ensure risk management is embedded within the culture, including building strong links with the other control functions of Compliance.
      • Support the development of the local Risk Controlling including drafting Risk Control policies and procedures and overseeing the division of responsibilities locally.
      • Develop and maintain business continuity arrangements
      • Provide key management information and reports for local and group management.

Who You Are

      You’re upbeat and enthusiastic, and you have an open mind and a curious, can-do attitude. You, like us, understand the importance of collaboration and are driven to be the best in what you do. You embody our three core values – to champion the client, learn fast together and raise the bar. You want to be part of a proudly carbon-neutral company that will prioritise your wellbeing and that of the world around you, helping to create a brighter future for all. A company that embraces diversity and welcomes everyone with respect, regardless of race, age, sexual orientation, gender, identification, faith or culture. If you’re inspired by our way of working and can bring something new to our team of top-notch people, then you’ll find a home here.
      Important note: our daily communication is in German and English, therefore we need you to speak both fluently.

How You'll Grow

      Your personal and professional development are important to us. As a company that’s constantly redefining the boundaries of possibility, we’ll challenge you to push yourself, accelerate your ambitions and rise to new levels of excellence. We know that’s a big ask, so we’ll make sure that you’re supported all the way, getting the backing you need and the recognition you deserve.

      The passion to innovate is in our blood. Progression, opportunity and innovation are at the heart of everything Spectrum Markets does, whether for our customers, the sector or colleagues. Always ready to embrace change, we introduced a pioneering new 24/5 trading venue to the market and have continued to break boundaries and develop industry firsts from day 1.