The Role

We are looking to recruit an experienced finance professional with client money experience to manage day-to-day client money responsibilities with oversight from the Financial Controller and Head of Compliance and indirectly report to the Head of Retail. The role will likely include other day to day tasks within the finance department.

Key Responsibilities

• Conduct daily client money and custody asset reconciliations for approval (and external reconciliations as required)
• Implement and provide day to day oversight of client money processes across the business including the Client Asset Sourcebook (“CASS”) Resolution Pack and the Client Money & Assets (“CMAR”) Return
• Design and conduct quality assurance testing in accordance with CASS procedures
• Provide advice on finance CASS controls to the business
• Assist Compliance and the Financial Controller to respond to requests from the Financial Conduct Authority (“FCA”)
• Support the finance function with other tasks where necessary
• Preparation of monthly CMAR reports
• Ensuring client money and asset procedures comply with CASS and are kept up to date
• Maintaining with Compliance the CASS Resolution Pack
• Maintaining with Compliance the CASS Applicability and Control matrix
• Maintaining with Compliance the Prudent Segregation policy
• Maintaining with Compliance the CASS framework policy
• Managing the annual CASS audit and coordinating the responses to auditor findings and the management letter
• Managing CASS impact assessments
• Assist in the liaison between the firm and the regulator on all matters relating to Client Assets and client money.
• Preparation of due diligence reports on banks and counterparties.
• Being able to present to colleagues in a clear and understandable fashion all matters in relation to CASS.

Requirements

• 5+ years of FCA-regulated financial services experience
• Qualified accountant
• Management and financial reporting experience