At a Glance
- Tasks: Join us as an Associate to oversee CASS reporting and mentor junior analysts.
- Company: BlackRock is a leading global investment management firm focused on financial well-being.
- Benefits: Enjoy flexible time off, health resources, and education reimbursement in a hybrid work model.
- Other info: Opportunity for growth in a supportive, inclusive environment with a focus on teamwork.
- Why this job: Be part of a dynamic team driving compliance and innovation in financial services.
- Qualifications: 2-5 years in financial services with strong analytical and communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
Regulatory Solutions is a growing team delivering end-to-end operations, oversight, metrics, and change management for complex regulations impacting BlackRock and its clients. We are implementing new regulations and driving business growth through risk-based solutions. The successful candidate will contribute to this evolution. The CASS Governance & Oversight ("CGO") Team ensures BlackRock's compliance with UK client money and assets regulations ("CASS") imposed by the FCA. We aim for CASS excellence!
Role Responsibilities
- Deliver CASS reporting and quality management information.
- Oversee and mentor junior analysts, automate processes, and ensure high-quality reporting.
- Review and manage client money records and bank accounts.
- Produce daily client money books, records, and reconciliations.
- Manage CASS 8 mandate listings and records.
- Complete and review monthly CMAR for the Head of CASS.
- Raise exceptions and discrepancies promptly.
- Investigate and resolve queries with business partners.
- Analyze error trends for process improvements.
- Document issues, analyze root causes, and define remedial steps.
- Support audit activities and respond to auditor queries.
- Deliver management information for various organizational levels.
- Assist in organizing CASS Governance Committee meetings.
- Maintain CASS risk & control frameworks.
- Develop procedures, processes, and controls.
- Maintain CASS Resolution Packs and client money statements.
- Support project activities and continuous improvements.
- Innovate in reporting and automation.
Knowledge/Experience
Essential
- Proficiency in Microsoft Office.
- Excellent communication skills.
- Results-oriented with problem-solving passion.
- Relationship management skills.
- Understanding of risks and controls in financial services.
- Attention to detail and analytical skills.
- Ability to produce high-quality MI.
- Strong planning and organizational skills.
- Curiosity and initiative.
- Teamwork and independence.
- Deadline management and multitasking in high-pressure environments.
- 2-5 years of financial services experience.
- Experience with client money and mandate records and reconciliations.
- Knowledge of FCA CASS rules.
Preferred
- Experience in process and control improvements.
- Automation skills using GenAI, robotics, macros.
- Investment Operations Certificate (IOC) or similar.
Benefits
We offer a wide range of benefits including retirement planning, education reimbursement, health and well-being resources, family support, and Flexible Time Off.
Hybrid Work Model
Employees work at least 4 days in-office and 1 day remotely, with flexibility depending on role requirements. This model supports collaboration and onboarding.
About BlackRock
Our mission is to help people achieve financial well-being. We serve diverse clients globally, fostering an inclusive environment where employees thrive. For more info, visit our website and social channels. BlackRock is an Equal Opportunity Employer, evaluating applicants without regard to protected characteristics.
Regulatory Solutions CASS Product Oversight & Governance - Associate (Edinburgh/London) employer: ENGINEERINGUK
BlackRock is an exceptional employer, offering a dynamic work environment in the heart of Edinburgh or London, where employees are empowered to drive innovation in regulatory solutions. With a strong focus on professional development, our team members benefit from mentorship opportunities, flexible working arrangements, and a comprehensive benefits package that supports both personal and professional growth. Join us to be part of a collaborative culture that values diversity and aims for excellence in compliance and governance.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Solutions CASS Product Oversight & Governance - Associate (Edinburgh/London)
✨Tip Number 1
Familiarise yourself with the FCA CASS rules and regulations. Understanding these will not only help you in interviews but also demonstrate your commitment to compliance and governance, which is crucial for this role.
✨Tip Number 2
Network with professionals in the banking and financial services sector, especially those involved in regulatory solutions. Attend industry events or webinars to gain insights and make connections that could lead to referrals.
✨Tip Number 3
Showcase your analytical skills by preparing examples of how you've previously identified and resolved discrepancies in financial records. Be ready to discuss these experiences during your interview to highlight your problem-solving abilities.
✨Tip Number 4
Stay updated on the latest trends in automation within financial services. Being knowledgeable about tools like GenAI and robotics can set you apart, as the role involves innovating in reporting and automation.
We think you need these skills to ace Regulatory Solutions CASS Product Oversight & Governance - Associate (Edinburgh/London)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in financial services, particularly focusing on client money and mandate records. Use specific examples that demonstrate your understanding of FCA CASS rules and your problem-solving skills.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for regulatory solutions and your ability to deliver high-quality management information. Mention your experience with process improvements and automation, as these are key aspects of the role.
Highlight Relevant Skills:In your application, emphasise your proficiency in Microsoft Office, communication skills, and attention to detail. These are essential for the role and will help you stand out as a candidate.
Showcase Your Experience:Detail your 2-5 years of experience in financial services, specifically any roles that involved oversight, reporting, or compliance. Include any relevant certifications like the Investment Operations Certificate (IOC) to strengthen your application.
How to prepare for a job interview at ENGINEERINGUK
✨Understand CASS Regulations
Make sure you have a solid grasp of the UK client money and assets regulations (CASS) as this role heavily revolves around compliance. Brush up on the latest updates from the FCA to demonstrate your knowledge during the interview.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to solve problems or improve processes. Highlight any experience with error trend analysis or quality management information, as these are key aspects of the role.
✨Demonstrate Team Leadership
Since the role involves overseeing and mentoring junior analysts, be ready to share your experiences in team leadership. Discuss how you've supported others in their development and how you manage relationships within a team.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making skills under pressure. Think of situations where you've had to raise exceptions or resolve discrepancies, and be prepared to explain your thought process.
