SIPP Senior Product Specialist

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Position Details:

Interactive Brokers ("IBKR") is looking for an individual to drive business and operational initiatives with a focus on data analysis and project management. This is an exciting opportunity to join a growing company and contribute to its further development by directly supporting a key new business initiative to add a SIPP account to our UK offering. You will join a small team based in the UK, reporting directly to the COO, and working alongside a global team.

The candidate should possess general market knowledge in pension products and extensive expertise in SIPP operations, including Trustee management and governance, contributions, relief at source, reporting, due diligence, transfers, accumulation and decumulation.

Due to expansion, we recently relocated our office to a fantastic City of London tower on Fenchurch Street, where we operate a hybrid working model. You will be pleased to hear we offer lunch every day you are in the office from a selection of vendors.

Key Responsibilities:

• Establish and maintain new processes to support the SIPP business throughout all life stages (accumulation and decumulation);
• Execute and manage SIPP-related operations to ensure all agreed key performance indicators, service standards and regulatory reporting requirements are met;
• Acting as director of the corporate trustee, exercise the trustee powers in line with the trust deed and rules;
• Manage and/or support the reporting of information to HMRC to ensure complete, timely and accurate provision and processing of tax-relevant information;
• Oversee automated processes for asset and cash transfers and handle related manual processes and exceptions;
• Establish and maintain systems and controls for the calculation of retirement benefits, drawdown and crystallisation calculations;
• Handle client requests and related processes, including contribution refunds, cancellations;
• Develop and maintain a suite of reports and controls to help monitor activity, trends, and issues, and support in the identification of areas for improvement;
• Identify trends and issues; compose clear business requirements, and project manage implementation;
• Any other reasonable duties required.

Qualifications:

• Bachelor's or advanced degree in Finance, Economics, Business Administration or other related field. Or equivalent work experience.
• Industry recognised qualifications- SIPP/Pensions and Accounting are preferred.
• A minimum of 2 years of experience in the SIPP or pension services industry.
• Significant pension tax and investment operations experience in SIPP Admin/Oversight Reporting /Pension/ISA compliance, which includes Drawdown calculations, PCL, UFPLS, FAD, PRAS, PSDCOM100. SIPPCOM100, ISA10, JISA/ISA, SIPP, Stock Trading etc.
• Strong interpersonal, verbal and written communication skills.
• Working knowledge of PC technologies, including Microsoft Word & Excel.

Location:

20 Fenchurch Street, London, EC3M 8AF

Working hours:

9 am – 6 pm, Monday–Friday

Benefits:

• Career support and development
• Salary commensurate with experience
• Performance-based discretionary cash bonus scheme
• Discretionary stock grant
• Group Life Assurance cover
• Group Income Protection
• Occupation pension scheme based on Gross earnings
• Hybrid working model
• Above statutory annual leave, increasing with service
• Daily company-paid lunch and healthy snack options throughout the day (when working from the office)
• Access to Private Medical Insurance, Dental Plan and/or Health Cash Plan (including dependants) *
• Corporate events
• Travel season ticket loans*
• Cycle to work scheme*

*on successful completion of the probation period

Interactive Brokers (U.K.) Limited values in promoting, monitoring, implementing best practices, policies and procedures and culture in adhering to and promoting the FCA Consumer Duty with the organisation.