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Client Money Senior Associate - Banking - London

Job Title: Client Money Senior Associate - Banking - London
Contract Type: Permanent
Location: London, England
Industry: financial services
Salary: £60000 - £72000 per annum
Start Date: ASAP
REF: BBBH21514_1557497048
Contact Name: Charles Bodunrin
Job Published: 16 days ago

Job Description

THE BANK

In contrast to many of its competitors, this Investment Bank is one of a few large global institutions that is benefiting from substantial growth across Europe at the moment, making it a very exciting and interesting time to join.

Headcount has increased significantly over the last 5 years as they continue to take market-share and expand operations into new areas. However, they have taken care to ensure their excellent culture has not been affected; staff satisfaction is something at the top of this Investment Bank's agenda, offering an excellent work life balance, down-to-earth culture and a friendly working environment.

THE JOB

This CASS position covers a variety of tasks including the oversight of Client Money processes, CASS lockup, conducting quality assurance and helping to enhance CASS controls. Responsibilities may include:

  • Prepare the Client Money Asset Return (CMAR)
  • Manage daily Client Money calculations and CASS reconciliations
  • Support Compliance and implement the necessary changes to CASS policies, procedures, process and systems
  • Understand and challenge the business processes and controls and be able to document them back to the CASS rule book
  • Work closely with the US CASS teams and review processes and controls to ensure compliance with relevant FCA rulebooks (CASS, COBS, SYSC, etc.)
  • Provide MI to CASS stakeholders
  • Work with Operational Risk team to identify all Operational Risk considerations in relation to CASS
  • Assist the wider team with CASS rule mapping project

YOUR BACKGROUND

To be considered for this job, you will have the following experience:

  • Comprehensive & technical knowledge & understanding of CASS rules (6, 7, 8, 10) is essential
  • Previous experience with CASS rule mapping is desirable
  • Product knowledge of the Broker/Dealer business and Futures, Derivatives/Fixed Income and Equities
  • A working & detailed knowledge/understanding of CASS rules and application and impact of Banking Exemption
  • Understanding of Settlement & Corporate Action events in relation to MiFID ll eligible products and Client Money impact
  • Previous experience of process improvement with a view to developing/enhancing controls
  • Presenting to senior management and stakeholders

If you are interested in discussing further, do contact Charles Bodunrin at Twenty Recruitment.