At a Glance
- Tasks: Ensure compliance with CASS rules and oversee governance frameworks.
- Company: Deutsche Bank, a leading global financial institution with a commitment to diversity.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and flexible benefits.
- Other info: Opportunities for training, development, and volunteering leave.
- Why this job: Join a dynamic team and make a real impact in financial services compliance.
- Qualifications: Extensive knowledge of FCA CASS rules and strong risk management skills.
The predicted salary is between 70000 - 90000 £ per year.
As the CASS Oversight Officer (CAOO) of Deutsche Bank United Kingdom (UK) Bank Limited (DBUKB), you will have, or be willing to hold, the Certified Person Significant Harm Function 1 (SHF1) status, working within the Private Bank UK Operations. You will have day-to-day responsibility for Deutsche Bank UKB’s compliance with the CASS regime and support the Senior Manager (SMF24) who is responsible for the operational effectiveness of systems and controls designed to achieve compliance with CASS, reporting to the Deutsche Bank UKB Board in respect of that oversight; and ensuring the monthly submissions of the Client Money and Assets Return (CMAR) to the Financial Conduct Authority (FCA).
Your key responsibilities:
- Maintain and operate a robust CASS oversight governance framework in line with CASS rules ensuring the necessary documentation and reporting remains effective.
- Deputy/Chair monthly Client Assets Oversight Council (CASSOC) including reporting of KPI/MI.
- Maintain an accurate CASS risk and control framework, working with key business areas to map, interpret and document CASS rule application for DBUKB.
- Own and Lead CASS reviews by Internal Audit and Compliance Testing & Assurance reviews and lead the annual external CASS audit; CASS incident and breach assessment & reporting, monitoring and resolution and CASS training.
- Provide oversight and challenge over CASS processes and controls.
- Financial Services Compensation Scheme (FSCS) reporting – lead the maintenance and oversight of the FSCS framework.
Your skills and experience:
- Extensive knowledge of FCA CASS rules (CASS 6,7,8, 9 & 10) within a CASS Oversight function.
- Strong risk and control management skills within financial services.
- Proven experience in handling investigations; internal and external audits; building and running processes and workflows, and responding to regulatory change.
How we’ll support you:
- Training and development to help you excel in your career.
- Flexible working to assist you balance your personal life.
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
- A range of flexible benefits that you can tailor to suit your needs.
We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.
Client Assets Sourcebook (CASS) Oversight Officer in London employer: Deutsche Bank
Deutsche Bank is an excellent employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London. With a strong focus on employee growth, the company provides extensive training opportunities and a hybrid working model that promotes work-life balance, alongside competitive salaries and flexible benefits such as a non-contributory pension and generous holiday leave.
