Logo of Huzzle

Credit Risk Operations Trainee

image

IG Group

Jan 27

  • Internship
    Full-time
    Off-cycle Internship
  • Customer Relations
    Banking & Finance
  • Melbourne
  • Quick Apply

AI generated summary

  • You should have a degree, strong numerical skills, excellent communication, ability to work under pressure, good organization, and be proficient in MS Office with an interest in financial markets.
  • You will review client accounts, monitor margin calls, negotiate debt recovery, audit reports, authorize accounts, answer queries, and liaise with global teams.

Requirements

  • A genuine interest in working in financial markets, along with motivation levels as impressive as your aptitude for numbers and attention to detail
  • A degree-level education
  • Excellent interpersonal and communication skills
  • The ability to work well under pressure
  • To be able to establish rapport with people of all status and background
  • A logical and analytical approach
  • Very good organisation and time management skills
  • Literacy in MS Office

Responsibilities

  • Reviews and approvals of client account classification, types and limits
  • Monitoring client’s margin calls and contacting clients where necessary
  • Debt recovery (negotiating payment plans, liaising with solicitors)
  • Auditing and Reporting
  • Authorizing Corporate, High risk and multiple accounts
  • Answering client queries (phone & email)
  • Liaising with members of IG’s Premium client & Trading Services teams globally

FAQs

What is the job title for this position?

The job title is Credit Risk Operations Trainee.

Is a finance background required to apply for this role?

No, a finance background is not required, and on-the-job training will be provided.

What types of tasks will I be responsible for in this role?

Responsibilities include reviewing and approving client account classifications, monitoring margin calls, debt recovery, auditing and reporting, authorizing accounts, answering client queries, and liaising with various teams.

What qualifications are needed for this position?

A degree-level education, excellent interpersonal and communication skills, the ability to work well under pressure, logical and analytical thinking, and proficiency in MS Office are required.

What type of work environment can I expect at IG Group?

You can expect a hybrid working model that allows for flexibility and promotes a diverse and inclusive workforce.

Are there any performance incentives associated with this role?

Yes, there are performance-based incentives as part of the compensation package.

What additional perks does IG Group offer?

Perks include flexible working hours, company contributions to insurance and medical plans, career-focused training, contributions to gym memberships, extra days off for voluntary work and birthdays, and more.

How does IG Group support employee well-being and work-life balance?

IG Group offers various programs and initiatives, including mentorships, social clubs, flexible working arrangements, and recognition of talent, to promote employee well-being and work-life balance.

Is prior experience in credit risk operations necessary for this role?

No prior experience in credit risk operations is necessary, as training will be provided.

How can I apply for this position?

Interested candidates can apply through the IG Group application portal.

Finance
Industry
1001-5000
Employees

Mission & Purpose

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 – Europe, North America, Africa, Asia-Pacific and the Middle East. We’re an organisation of positive problem-solvers, united and inspired by our purpose, which is to power the pursuit of financial freedom for the ambitious. Our award-winning products and platforms empower go-getters the world over to unlock opportunities around the clock, giving them access to over 19,000 financial markets. Today, more than 400,000 clients call IG Group home. IG Group Holdings plc is an established member of the FTSE 250 and holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings.