Rebates Assistant

This role will be responsible for executing the set-up and calculation of Introducing Broker Reporting. This is a rapidly growing and constantly evolving area of the business and involves the payment of commission rebates to over 300 business partners.

Job responsibilities

  • Calculation of the monthly rebate and concession figures, as well as some weekly statistics
  • Development of new calculation methods to match changing business requirements
  • Providing ad-hoc reports & analysis to senior sales staff
  • Generate and send rebate statements to all Introducing Brokers on a monthly basis, and correspond with them to agree the rebate figures, investigate queries and arrange payment
  • Applying internal checking procedures regarding the set-up of clients and introducing brokers in the system
  • Investigating repeated problems and implement new processes to avoid these issues going forward
  • Coordinate the audit of product data in internal reporting system
  • Administering and checking corrections on client ledgers regarding trading errors or incorrect set-ups
  • Providing guidance to the sales staff in all IG offices regarding rebate methods

Essential criteria

  • Numerical degree
  • Previous experience in a similar role
  • Self motivated, enthusiastic and well organised
  • Strong numerical skills and ability to analyse and investigate a problem from different points of view
  • Advanced Microsoft Office
  • Knowledge of SQL databases
  • Meticulous with a keen eye for detail

We are looking for a bright and articulate individual who will assist the Rebates Team and who will be willing to communicate with external institutional clients and other departments.

If you are interested in this opportunity and feel that you have the relevant skills and experience plus the right to work in the UK, please send your CV to hr@iggroup.com stating which position you are applying for in the subject title, together with a covering letter detailing your suitability and your current salary details.