At a Glance
- Tasks: Lead IG's capital adequacy and prudential regulation processes with high visibility.
- Company: Join a dynamic, growth-oriented global business at the forefront of financial services.
- Benefits: Enjoy a competitive salary, performance bonuses, and comprehensive benefits.
- Other info: Engage with evolving regulatory landscapes and contribute to Board-level decisions.
- Why this job: Make a real impact on capital planning and regulatory submissions in a fast-paced environment.
- Qualifications: Significant experience in prudential risk and strong quantitative skills required.
The predicted salary is between 80000 - 100000 £ per year.
This is a technically demanding, high-visibility role at the core of IG's second line of defence. As Senior Manager, Prudential Risk, you will be IG's in-house expert on capital adequacy and prudential regulation — owning the ICARA process end-to-end and ensuring IG's regulatory submissions to the FCA meet the highest standards of rigour.
Working in close partnership with Finance and the wider Risk function, you will translate complex regulatory requirements into well-governed capital planning processes. This is a role for a rare combination: quantitative capability, regulatory fluency, and the credibility to engage confidently with the FCA, senior management, and Board-level committees.
Key Responsibilities- Develop and maintain IG's capital models, covering Pillar 1 own funds requirements, Pillar 2 add-ons, and operational risk capital regulatory submissions and associated documentation for FCA requirements, including ICARA submissions, regulatory returns, and responses to supervisory requests.
- Maintain current knowledge of MIFIDPRU, CRD/CRR developments, and FCA supervisory priorities, translating requirements into actionable internal guidance.
- Significant experience in prudential risk, capital management, or a related quantitative risk discipline within financial services, gained in a second-line, regulatory, or specialist advisory capacity.
- Deep, hands-on knowledge of MIFIDPRU and the ICARA process, including capital adequacy assessment, wind-down analysis, and stress testing.
- Experience preparing regulatory submissions and engaging directly with the FCA or PRA on prudential matters.
- Demonstrated ability to partner with Finance on capital planning and forecasting processes.
- Regulatory fluency — able to navigate complex rulebooks and translate technical requirements into clear, practical guidance for a business audience.
- Your capital analysis and ICARA outputs feed directly into Board-level decisions on capital deployment and regulatory standing — a role where analytical quality has real business impact.
- Engage with a fast-moving prudential agenda including MIFIDPRU embedding, operational resilience capital requirements, and emerging FCA supervisory priorities.
- A competitive package including salary, performance-related bonus, and a comprehensive benefits suite within a dynamic, growth-oriented global business.
Senior Manager, Prudential Risk in London employer: IG Group
At IG, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration. As a Senior Manager in Prudential Risk, you will be at the forefront of regulatory excellence, supported by a culture that values innovation and integrity, while enjoying competitive rewards and a comprehensive benefits package. Our commitment to employee development ensures that you will have ample opportunities to enhance your skills and advance your career within a globally recognised firm.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Prudential Risk in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the prudential risk space on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Manager role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of MIFIDPRU and the ICARA process. We recommend creating a cheat sheet of key points to discuss, so you can confidently showcase your expertise when engaging with potential employers.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role — something we all want to convey!
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We make it easy for you to showcase your skills and experience directly to the hiring team, so don’t miss out on this opportunity.
We think you need these skills to ace Senior Manager, Prudential Risk in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Senior Manager, Prudential Risk. Highlight your experience with capital adequacy and regulatory submissions, and don’t forget to showcase your quantitative skills and regulatory fluency.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to the ICARA process and your ability to engage with the FCA and senior management.
Showcase Your Technical Knowledge:In your application, demonstrate your understanding of MIFIDPRU, CRD/CRR developments, and how they impact capital planning. We want to see that you can translate complex regulations into actionable insights!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at StudySmarter.
How to prepare for a job interview at IG Group
✨Know Your Regulations Inside Out
Make sure you’re well-versed in MIFIDPRU, CRD/CRR developments, and the ICARA process. Brush up on how these regulations impact capital adequacy and be ready to discuss how you've applied this knowledge in your previous roles.
✨Showcase Your Quantitative Skills
Prepare to demonstrate your quantitative capabilities with real-world examples. Think about specific projects where you developed or maintained capital models, and be ready to explain your approach and the outcomes.
✨Engage with Confidence
This role requires engaging with senior management and regulatory bodies like the FCA. Practice articulating complex concepts clearly and confidently, as if you were presenting to a Board-level committee.
✨Collaborate and Communicate
Highlight your experience working closely with Finance and other teams. Be prepared to discuss how you’ve translated regulatory requirements into actionable guidance and how you fostered collaboration across departments.
