Senior Operational Tax Manager

Job Title

Job Description

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.

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.

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.

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
The particular areas this role will have responsibility and oversight, globally, are as follows:

• 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 a) Financial Transaction Taxes, b) Capital Gains Tax and c) 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.

There will be opportunities to get involved in other tax areas, such as Transfer Pricing.

• ACA/CTA qualified or equivalent (Qualification by experience will be considered)
• 8+ years’ experience in financial services tax
• Strong analytical skills – with a natural curiosity and confidence to proactively question and dig deeper if information does not make sense
• Excellent communication style and a collaborative mindset to aid establishing and maintaining effective working relationships across the business
• Advanced proficiency in Microsoft Office, especially Excel
• Strong data management skills with an attention to detail
• Adaptable and enjoys a dynamic, rapidly changing working environment

We try to take a thoughtful approach to our ways of working as a company. We follow a hybrid working model with 3 days in the office -- which we think balances the need to collaborate effectively and connect with each other. When it comes to how we deliver, there are 5 things we want everyone to do to drive high performance, better learning and career satisfaction:

• Lead and Inspire: Drives trust, alignment, and enthusiasm
• Think Big: Focus on the problems that most impact commercial outcomes
• Champion the client: Understand and prioritise client's needs
• Deliver at pace: Push for fast, sustainable growth;
• Raise the bar: Take ownership, be accountable and share feedback

We believe that diversity is vital to success, it fuels creativity, drives innovation and sets us up for global success. We're committed to building teams with a variety of perspectives and skills to help us realise our vision and strategy, that's why we encourage applications from people with diverse backgrounds and experiences to join us on this journey. Learn more about our D&I approach here.

Your growth fuels our success! Thrive with tailored development programs, mentoring opportunities with leaders, and clear career progression. Expand your network through committees, sports and social clubs. Enjoy extra time off for volunteering and community work.

As well as having the chance to attend regular social events and join special-interest groups, you get an attractive selection of benefits working with IG:

• Matched giving for your fundraising activity

• Flexible working hours and work-from-home opportunities

• Performance-related bonuses

• Pension, insurance and medical plans

• Career-focused technical and leadership trainings in-class and online, incl. unlimited access to LinkedIn Learning platform

• A day off on your birthday 

• Two days’ volunteering leave per year

Learn more about the Perks here!

Join us for this exciting journey. Apply now!

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