At a Glance
- Tasks: Lead CASS governance, compliance, and oversight while engaging with regulators.
- Company: Join Northern Trust, a prestigious Fortune 500 financial institution with over 130 years of experience.
- Benefits: Enjoy competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Be part of a supportive environment that values integrity and continuous improvement.
- Why this job: Make a real impact in financial services while working with top-tier clients and innovative solutions.
- Qualifications: Expertise in CASS and several years in financial services with strong stakeholder management skills.
The predicted salary is between 60000 - 80000 £ per year.
About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award‑winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Key responsibilities
- CASS Governance & Oversight: Design, maintain, and enhance the firm‑wide CASS governance and oversight framework. Maintain and enhance the CASS Risk and Controls Matrix (RCM). Provide clear, concise CASS risk, compliance, and control reporting to senior management and governance committees.
- Regulatory Liaison & Reporting: Act as a senior point of contact with the FCA on CASS matters, supporting regulatory engagement, reviews, and information requests. Oversee the preparation and quality assurance of the Client Money and Assets Return (CMAR). Lead the annual CASS audit process, including engagement with auditors and coordination of remediation activity.
- Technical & Advisory Leadership: Provide expert advice and challenge to senior stakeholders on complex or judgement‑based CASS matters. Assess the CASS impact of new products, business initiatives, outsourcing arrangements, and operating model changes. Translate regulatory developments and FCA expectations into practical, business‑focused actions.
- Operational Oversight: Oversee the effectiveness of controls supporting CASS 6 (custody), CASS 7 (client money), CASS 8 (mandates), and CASS Resolution Pack requirements. Ensure strong governance over reconciliations, segregation, record‑keeping, and insolvency preparedness. Challenge first‑line execution and ensure issues are identified, escalated, and resolved.
- Breach & Incident Management: Lead or oversee investigations into CASS breaches and near‑misses. Ensure timely escalation, regulatory input where required, robust root‑cause analysis, and sustainable remediation. Perform trend analysis to drive continuous improvement of the CASS control environment.
- Senior Management Support & Accountability: Support the SMF holders with Prescribed Responsibility for CASS by providing high‑quality MI, analysis, assurance, and effective challenge. Contribute to evidencing “reasonable steps” through strong governance, documentation, and oversight activities.
Skills & Experience
- Deep, practical expertise in CASS, particularly CASS 1A, CASS 6, CASS 7, and CASS 8.
- Several years’ experience in financial services, with significant experience in CASS oversight, compliance, audit, or regulatory roles.
- Proven ability to influence senior stakeholders.
- Strong stakeholder management skills across Operations, Finance, Technology, Legal, Internal Audit, auditors, and regulators.
- Strong regulatory judgement and integrity.
- Detail‑focused with the ability to maintain a strategic, firm‑wide perspective.
- Strong communication skills, verbal and written.
- Calm, authoritative, and credible under regulatory scrutiny.
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
CASS Senior Consultant employer: Dormont Manufacturing Co
Northern Trust is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration among its 22,000 partners. With a strong commitment to employee growth, the company provides extensive training and development opportunities, ensuring that team members can thrive in their careers while contributing to the success of our sophisticated clients. Located in a vibrant financial hub, Northern Trust promotes a culture of integrity and excellence, making it an ideal place for professionals seeking meaningful and rewarding employment in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land CASS Senior Consultant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Dormont Manufacturing Co. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace CASS Senior Consultant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Dormont Manufacturing Co.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Dormont Manufacturing Co's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Dormont Manufacturing Co
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Dormont Manufacturing Co.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Dormont Manufacturing Co will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Dormont Manufacturing Co employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
