Cash Control Analyst
IG Group
0 - 3 years
Bengaluru
Posted: 14/06/2025
Job Description
Job Title
Cash Control AnalystJob Description
So, who are we?
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
Our Cash Control Team is responsible for comparing and reconciling IG clients’ cash positions versus bank accounts, firm’s cash management and broker payments. As a part of a team you will be responsible for identification, investigation and resolution of discrepancies. Team actively cooperates with various global banking institutions and internal teams.
Your role in the Team's Success
You are curious about things like the client experience, the rapid developments in tech, and the complex world of fintech regulation. You are also a confident, creative thinker with a knack for innovating. We know that you know every problem has a solution. Here, you can try innovative ideas and lead the way in creating inspiring experiences for our clients and everyone around you.
We do not fit the corporate stereotype. If you want to work for a traditional, suit-and-tie corporate that just gives you a pay cheque at the end of the month, we might not be for you. But, if you have that IG Group energy and you can stand behind what we believe in, let’s raise the bar together.
What you'll do
- Daily reconciliation of Client’s funds (automated with AutoRek) and its review.
- Follow-up of the reconciliation breaks until final resolution, respond to any query from internal or external sources in relation to the activity, investigate and assist with the administration of unallocated client receipts.
- Calculate daily client money segregation in accordance with the respective regulatory requirements and process the transfer in a timely manner.
- Liaise with Treasury & FC team to ensure compliance with client money regulations, internal client money buffers and policies, firm’s liquidity & prepare daily client money reports (MI).
- Identify and recommend improvements in reconciliation process and other processing areas for greater operational efficiency and risk mitigation.
- Prepare ad hoc corporate payments as requested by the business.
- Performing bank administrative duties such as mandate updates and user setup.
- Maintaining procedures manuals and other documentation, assist in internal and external audits as required & Ad hoc analysis.
What you'll need for this role
Key Qualification Requirements
- Graduate degree is must, preferably from commerce background.
- Over 2 years’ experience within Financial Services, experience in reconciliation cash management preferred.
- Good English communication skills, both written and verbal.
- Excellent working knowledge of Microsoft Excel.
- Ability to multi-task in a constantly changing environment, work on your own but also demonstrate individual initiative & attention to details and analytical skills.
- Meeting regular deadlines; taking ownership of assigned responsibility, proactive attitude in researching and resolving problems/issues, excellent organizational skills & able to work under pressure.
- Ability to co-operate in team and excellent communication skills.
- Excellent organizational skills and the ability to adapt to a rapidly changing environment.
- CASS knowledge will be an asset.
- Not a necessity, but the ability to speak and/or read Japanese will be a great advantage.
How we work
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.
The Perks
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.
• Insurance and medical plans
• Career-focused technical and leadership trainings in-class and online, incl. unlimited access to LinkedIn Learning platform.
• Contribution to gym memberships and more.
• A day off on your birthday.
• Two days volunteering leave per year.
Join us for this exciting journey.
Apply now!
Number of openings
1About Company
IG Group is a leading global provider of online trading and investment services, headquartered in London, United Kingdom. Established in 1974, the company specializes in offering financial derivatives such as contracts for difference (CFDs) and spread betting, as well as traditional investment options like share dealing. IG Group serves retail and institutional clients, providing access to a wide range of markets, including forex, stocks, indices, commodities, and cryptocurrencies. With a strong focus on technology and education, IG Group offers intuitive trading platforms, mobile apps, and learning resources to empower
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