At a Glance
- Tasks: Manage global operational tax compliance and support new product launches.
- Company: Join IG Group, a leading FTSE250 FinTech company with a global presence.
- Benefits: Enjoy competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Be part of a dynamic team driving innovation in the financial sector.
- Qualifications: Prior operational tax experience and strong collaboration skills required.
- Other info: Work in a fast-paced environment with excellent career advancement opportunities.
The predicted salary is between 72000 - 108000 ÂŁ per year.
Hello, we're IG Group. We are a publicly-traded FTSE250 FinTech company who run mobile, web and desktop platforms that help our clients trade stocks & shares, leveraged products, Futures & Options and Crypto.
We are ambitious. Over 340,000 people already use our platforms. We’re global with offices in 18 countries and products in 16 regions. We’re hungry to move faster, ship better product for our customers and grow our user base. We believe in high autonomy, and we want people who are looking to do things differently in order to create better experiences for our customers.
We work in cross-functional teams and are laser focused on increasing the number of active clients we serve to drive sustainable growth.
Your team
IG’s Tax function is headquartered in London and reports directly to the CFO. The team comprises the Group Head of Tax and five tax professionals covering four core areas: Corporate Tax, Operational Tax, Employment Taxes and Indirect Taxes. This role sits within the Operational Tax team. Operational Tax is a highly cross‑functional area that works closely with both client‑facing teams and a wide range of non‑finance functions across IG.
Your role in the Team's Success
You will be responsible for managing the Group’s day‑to‑day operational tax compliance obligations globally, as well as leading the support provided to the business on tax requirements arising from new product launches. This is a broad, high‑visibility role with extensive interaction across multiple teams at IG. Our product suite spans CFDs, Spread Bets, Stocks, Futures, Options and Crypto, exposing the Group to a wide range of operational tax regimes—including US withholding tax (as both QI and QDD), FATCA/CRS/CARF, ISA and various financial transaction taxes. Given the complexity and breadth of our obligations, prior operational tax experience is essential. The successful candidate will have the autonomy to refine and enhance existing processes and to design new ones that keep pace with both our expanding product portfolio and evolving global tax legislation.
What you’ll do
As many operational tax obligations require business processes and data flows to be adapted to meet tax requirements, this role demands more than technical tax ability. Success relies on strong collaboration, relationship‑building, and the ability to navigate complex processes—alongside the analytical skills you would typically expect in a tax role.
- US tax obligations regarding US WHT as a QI and QDD, including all filings related to the annual compliance cycle, QI audits and self-certifications, ensuring we are collecting the right KYC data to support accurate application of WHT on customers’ income.
- Group-wide AEOI reporting obligations (FATCA/CRS/CARF). Responsible for end to end process, from advising the business on the data to capture, to preparing and filing the relevant reports to the tax authorities, including working with 3rd party advisors, as required.
- UK ISA and Other Interest returns and advising the business on the various ISA rules that we need to adhere to and suggesting suitable controls thereon.
- Monitor and advise on updates to the German withholding tax system to ensure appropriate tax is applied to client trades and assist client teams with end of year tax statements for clients and ensure compliance with changing laws.
- Lead tax advisor on ad-hoc projects and implementation of business initiatives such as the operational tax implications of launching new financial products or in setting up in new jurisdictions. This includes liaising with local advisers.
- Liaising with IT and Front Office teams to build systems/solutions to capture relevant logic to calculate operational taxes such as FTT or GWHT.
- Reviewing monthly/annual tax calculations, payments and tax returns to the Italian authorities. This includes Financial Transaction Taxes, Capital Gains Tax and Wealth tax.
- Operational tax Governance. Operational taxes involve a number of teams around the business from KYC, to Dealers, Corporate Actions and finance. The role will involve liaising with all the business stakeholders to ensure they understand their involvement with respect to operational taxes and documenting controls as required.
Whilst some of the above items are system generated or produced by other teams for the tax team to review, this role will still require significant hands on data extraction/manipulation work.
Senior Operational Tax Manager in London employer: IG Group
Contact Detail:
IG Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Operational Tax Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching IG Group and understanding their products. Show them you’re not just another candidate; demonstrate your passion for their mission and how your skills can help them grow.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want you to sound confident and authentic, so don’t just memorise—make it your own!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Senior Operational Tax Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Operational Tax Manager role. Highlight your relevant experience in operational tax compliance and any specific projects you've led that align with our needs at IG Group.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share your passion for tax compliance and how your skills can help us navigate the complexities of operational tax at IG Group.
Showcase Your Collaboration Skills: Since this role involves working closely with various teams, emphasise your ability to build relationships and collaborate effectively. Give examples of how you've successfully worked with cross-functional teams in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your enthusiasm for joining IG Group!
How to prepare for a job interview at IG Group
✨Know Your Tax Stuff
Make sure you brush up on your operational tax knowledge, especially around US withholding tax and AEOI reporting obligations. Be ready to discuss how you've navigated complex tax regimes in the past and how you can apply that experience to IG Group's diverse product suite.
✨Show Off Your Collaboration Skills
This role is all about working with different teams, so be prepared to share examples of how you've built relationships across departments. Highlight any experiences where you successfully collaborated with IT or client-facing teams to implement tax solutions.
✨Be Ready for Problem-Solving
Operational tax can be tricky, so think of specific challenges you've faced and how you overcame them. Discuss your analytical skills and how they helped you refine processes or adapt to changing tax legislation in previous roles.
✨Ask Smart Questions
Prepare thoughtful questions about IG Group's approach to operational tax and their future product launches. This shows your genuine interest in the role and helps you understand how you can contribute to their success.