Banking and Capital Markets focussed Manager, Client Assets & Safeguarding, Audit & Assurance in Edinburgh

Our Client Assets & Safeguarding (CAS) team has an excellent external reputation for provision of high quality regulatory audit and other assurance services to major firms. Our team covers banking and capital markets, investment and asset management, insurance brokers, payment services and e-money firms.

In our team you would have the opportunity to develop deep specialism in your chosen field, working with a client base that includes global leaders in their field. You would also have the opportunity, if wanted, to broaden experience across industry lines within client assets and safeguarding, or more broadly across our Assurance Group, where opportunities include Conduct of Business, ESG, Prudential regulation and legislation.

Typical services we offer within the CAS team are:

• Working alongside financial statement audit teams to perform CASS and Safeguarding audits;
• Providing practical, yet technical, SME input on the more judgemental Client Assets, Payment Services and E-money rules;
• Reviewing control environments, risk frameworks, operating models, governance structures, CASS / Safeguarding footprints, and providing recommendations to senior stakeholders on gaps and enhancements;
• Performing S166 and shadow S166 reviews of Client Assets and Safeguarding.

As a Banking and Capital Markets (BCM) focussed Manager within the Client Assets and Safeguarding team you will have a range of responsibilities, such as:

• Managing a portfolio of client engagements, including regulatory audits. This includes leading walk-through sessions and client meetings; leading project management functions of larger engagements; detailed review of work performed by the team; completion of complex or technical aspects of work; provision technical input on the CASS rules; and managing the involvement of the senior project team;
• Managing engagement economics, including setting budgets and ensuring the engagement is completed on time and within budget;
• Owning a portfolio of predominantly BCM client (or potential client) relationships;
• Providing technical support and challenge to firms on all areas impacting client asset protection, such as on-boarding, Legal, Trading, Settlements, Risk, Treasury and Finance;
• Supporting and contributing to the development of junior members of the team;
• Driving continuous improvement through innovation and transformation, embracing change and challenging the way we do things to develop our CAS offerings;
• Developing and maintaining relationships across service lines and geographies to deliver market and client focused solutions;
• Being responsive to and anticipating client’s needs, providing strategic and relevant insight;
• Being part of a wider community helping to grow our practice and develop our strategy;
• Managing diverse teams within an inclusive team culture where people are recognised for their contribution.

To qualify for the role, you must have:

• Strong experience of the banking and capital markets sector and how the Client Asset / Safeguarding rules apply to those firms. Knowledge of investment management, wealth, insurance broking and/or payments is also desirable.
• Significant experience of working with and practical knowledge of the CASS rules, common breaches and other expected elements of a firm’s control environment, such as governance and oversight and risk and controls framework.
• An ability and desire to work under your own initiative and in many different and challenging environments.
• Experience of leading engagements / projects and managing a team.
• A willingness to learn and to develop others.
• Good organisational and project management skills.
• Business writing skills, including the ability to write reports which clearly and professionally convey sometimes detailed and complex matters in a clear and concise way.
• Strong presentation skills, with experience of presenting to senior stakeholders.
• Enjoy working to deadlines.
• A professional approach.
• A client centric and flexible, service orientated approach.
• An ability to work with a diverse group of people and be part of ensuring an inclusive team culture, where people are recognised for their contribution.

The following is desirable but not required:

• Experience of conducting audit engagements or other control reviews.
• A deep understanding of how risk management practically works in relation to protection of client assets.
• Experience in leading controls walkthroughs with control owners.
• Practical knowledge of the FRC’s Assurance Standard respecting reporting on client assets to the FCA.

We know it’s not just about the numbers. Often, we let the technology take care of those. It’s about the creative and collective thinking of our people. That’s where the true insight is found. We’re redefining the future of audit. Come join us.

Businesses need to be resilient and transparent in their reporting to build trust and confidence. Assurance practitioners play a key role in achieving this through independent review and challenge of management’s views on a range of regulatory and reporting requirements, whether financial, operational or compliance in nature.

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm.

At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely.

Are you looking to return to the workplace after an extended career break? For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more.

Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills.

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see.