About the role:

Interactive Brokers (U.K.) Ltd. (“IBUK”) is an online broker offering trading access for experienced traders to products traded on many markets and exchanges throughout the world.  IBUK is part of a global group of financial services companies based in the U.S. with over $5 billion in capital and publicly traded under the symbol “IBKR”.  

Interactive Brokers (IBUK Limited) is seeking to recruit a high quality Risk Specialist.  The role is complementary to the IB Group Risk function.   

The IBUK Risk Specialist will be responsible for the implementation of the IB Group Enterprise Risk Management Framework (ERMF) in the UK business, including monitoring, overseeing, challenging and providing guidance to the first line of defence IBUK team with regards to its risk governance and management.  

Core responsibilities will include the implementation of the overall Group ERMF and policies across IBUK, identification and oversight of key risks, maintenance of the risk register, supporting the oversight of outsourcing arrangements, and internal and external risk reporting. Included in the external reporting component of the role is material input to the structure and content of the IBUK ICAAP and the Recovery Plan.

IBUK is regulated by the Financial Conduct Authority (FCA) and the Risk Specialist may be a certified regime individual, subject to change.  The successful candidate will have strong and up-to-date knowledge of contemporary regulatory requirements and guidelines relevant to the broader Financial Services industry as well as the local UK market.  The candidate will also have strong knowledge and qualifications in industry leading practice in risk frameworks and standards (see below for further details).

Key responsibilities:

  • Own the implementation of the Group ERMF and policies across the UK business;
  • Perform ongoing oversight and monitoring to ensure compliance by IBUK with all elements of the risk management framework;
  • Implement and execute the Risk and Control Self Assessment process (RCSA) for the UK entity;
  • Carry out regular Targeted Risk Assessments on key risk areas identified within the business
  • Produce regular reporting on key risk metrics for Executive Management and Board;
  • Report and monitor the status of all risks against risk appetite limits and escalate any concerns to local management, the IBUK Board and the Group Chief Risk Officer as required;
  • Help drive the mitigation of key risks by identifying and recommending changes to policies and procedures, control enhancements etc., as needed;
  • Maintain awareness of emerging risks and trends and raise awareness of such risks to the IBUK Board, Senior Management and governance fora/committees as appropriate;
  • Identify relevant UK centric regulations, interpret relevant requirements and disseminate these accordingly in the form of actionable requirements to IBUK areas;
  • Work in conjunction with relevant business stakeholders to ensure implementation of all risk policies, standards and procedures to achieve effective mitigation and treatment of risks;
  • Work closely with the global Risk teams, to drive the continued development of the risk management framework.

Key requirements, skills and qualifications:

  • 6+ years of experience in second line risk management in a Financial Services environment;
  • Knowledge of Financial and Non-Financial Risk requirements and industry guidelines for risk management and mitigation within financial services;
  • Familiarity with the Internal Capital Adequacy Assessment Process (ICAAP) including risk assessments and stress testing;
  • Detailed knowledge of Operational Risk & Resiliency Frameworks including Risk taxonomies, RCSA processes, Risk Registers and Event analysis;
  • Experience in developing, applying and maintaining risk frameworks, policies and guidance;
  • The ability to develop and foster strong relationships with relevant business stakeholders;
  • Strong communications skills, proven ability to work effectively with and influence the actions of stakeholders at all levels of IBUK. Credibility to influence Senior Management and wider internal and external stakeholders;
  • Self starter, driven and detail oriented; strong interpersonal skills and a team player;
  • Ability to work in small teams but deliver big results through partnerships with wider teams;
  • Experience working with Regulators on risk related matters is highly preferred;
  • Professional or third level qualification ideally in Risk, Compliance, Business or Finance.


Company Overview

Interactive Brokers ("IBKR"), a subsidiary of publicly-traded Interactive Brokers Group, Inc., based in Greenwich, Connecticut (NASDAQ: IBKR) is a low-cost provider of trade execution and clearing services for active traders, institutional investors, financial advisors and introducing brokers. IBKR’s premier technology provides electronic access to stocks, options, futures, forex, bonds, and funds worldwide from a single IBKR Integrated Investment account. IBKR is one of the largest online brokers by trade volume and is consistently ranked at the top of its field.

Our employees are part of a dynamic, multinational, fast-paced, results-oriented team working to provide our customers with state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and sophisticated risk management tools.

Our headquarters are in Greenwich, CT, USA. IBKR has offices in the United States, Australia, Canada, China, Estonia, Hong Kong, Hungary, India, Ireland, Japan, Luxembourg, Russia, Singapore, Switzerland and United Kingdom.

IBKR is a member of NYSE, FINRA, and SIPC. Interactive Brokers Group brokerage affiliates are regulated by securities and commodities agencies around the world.

Click HERE to view a short video with a few words from current Interactive Brokers employees.

(If the hyperlink is not active, copy and paste the following URL in your browser: https://www.interactivebrokers.com/en/index.php?f=31899)

For more information, please visit www.ibkr.com/info


Apply for this Job

* Required


U.S. Equal Opportunity Employment Information (Completion is voluntary)

Individuals seeking employment at Interactive Brokers are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Form CC-305

OMB Control Number 1250-0005

Expires 05/31/2023

Voluntary Self-Identification of Disability

Why are you being asked to complete this form?

We are a federal contractor or subcontractor required by law to provide equal employment opportunity to qualified people with disabilities. We are also required to measure our progress toward having at least 7% of our workforce be individuals with disabilities. To do this, we must ask applicants and employees if they have a disability or have ever had a disability. Because a person may become disabled at any time, we ask all of our employees to update their information at least every five years.

Identifying yourself as an individual with a disability is voluntary, and we hope that you will choose to do so. Your answer will be maintained confidentially and not be seen by selecting officials or anyone else involved in making personnel decisions. Completing the form will not negatively impact you in any way, regardless of whether you have self-identified in the past. For more information about this form or the equal employment obligations of federal contractors under Section 503 of the Rehabilitation Act, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition.

Disabilities include, but are not limited to:

  • Autism
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, or HIV/AIDS
  • Blind or low vision
  • Cancer
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or hard of hearing
  • Depression or anxiety
  • Diabetes
  • Epilepsy
  • Gastrointestinal disorders, for example, Crohn's Disease, or irritable bowel syndrome
  • Intellectual disability
  • Missing limbs or partially missing limbs
  • Nervous system condition for example, migraine headaches, Parkinson’s disease, or Multiple sclerosis (MS)
  • Psychiatric condition, for example, bipolar disorder, schizophrenia, PTSD, or major depression

1Section 503 of the Rehabilitation Act of 1973, as amended. For more information about this form or the equal employment obligations of Federal contractors, visit the U.S. Department of Labor's Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.