Senior Manager, Financial Risk

IG Group

Highly competitive base salary; performance bonus;...
**
Python development for production risk models
Experience with var and expected shortfall modeling
Cloud deployment of risk infrastructure (aws/gcp/azure)
** IG Group is seeking a Senior Manager of Financial Risk to lead and enhance their quantitative market risk framework. The role demands a combination of technical expertise in risk modeling and leadership abilities to mentor a team of quantitative professionals. **

Job Summary

  • This player-manager role requires hands-on ownership of quantitative market risk frameworks including VaR, Expected Shortfall, and stress testing while leading a team of professionals.
  • The successful candidate will drive the migration of risk models to cloud infrastructure using Python, applying machine learning techniques to improve model performance and detection capabilities.
  • As deputy to the Head of Financial Risk, you will partner strategically with Trading and Product teams to assess new instruments and define risk parameters before go-live.

Matching Summary

Match Score: 75

** IG Group is seeking a Senior Manager of Financial Risk to lead and enhance their quantitative market risk framework. The role demands a combination of technical expertise in risk modeling and leadership abilities to mentor a team of quantitative professionals. **

Salary

Highly competitive base salary; Performance bonus; LTIP participation and comprehensive benefits

Skills & Requirements

Must-have

  • Python development for production risk models
  • Experience with VaR and Expected Shortfall modeling
  • Cloud deployment of risk infrastructure (AWS/GCP/Azure)
  • Derivatives pricing and Greeks sensitivity analysis
  • Stress testing framework design and execution
  • Machine learning application to volatility forecasting

Nice-to-have

  • CFA, FRM, or PRM certification
  • Background from hedge funds or proprietary trading firms
  • Experience with GARCH and EWMA volatility models
  • Strong commercial partnership and stakeholder engagement
  • Regulatory compliance experience with FCA and BaFin

Key Requirements

  • Degree in quantitative discipline (Mathematics, Statistics, Physics)
  • Significant experience at hedge fund, prop trading, or investment bank
  • Proven track record building critical risk models from ground up
  • Deep expertise in derivatives pricing across multiple asset classes

Work Rights

Not specified

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