As Safeguarding Manager, you will own the end-to-end safeguarding framework, ensuring customer funds are appropriately segregated, reconciled, and protected at all times. You'll work closely with Finance, Compliance, Risk, and Treasury teams, and act as a key point of contact for the FCA and external auditors on safeguarding matters.
Key Responsibilities
- Design, implement, and maintain the firm's safeguarding policy and procedures in line with the EMRs and FCA guidance (including CASS-adjacent safeguarding principles)
- Perform and oversee daily/periodic safeguarding reconciliations across relevant funds and accounts
- Monitor and manage safeguarding shortfalls or excesses, ensuring timely resolution
- Maintain relationships with safeguarding banks/institutions and monitor counterparty risk
- Prepare and submit regulatory returns and reports related to safeguarding (e.g. REP-CASS or equivalent)
- Support internal and external audits, and liaise with the FCA on safeguarding-related queries
- Keep the safeguarding framework up to date with evolving regulation, including upcoming reforms to the safeguarding regime
- Provide training and guidance to internal stakeholders on safeguarding obligations
- Identify and remediate control gaps, driving continuous improvement of the safeguarding control environment
What We're Looking For
- Proven experience in a safeguarding, CASS oversight, or client money/assets role within a regulated EMI, payments firm, or bank
- Strong understanding of the Electronic Money Regulations 2011 and FCA safeguarding requirements
- Experience with safeguarding reconciliations and audit processes
- Excellent attention to detail and strong analytical skills
- Confident communicator, comfortable engaging with regulators, auditors, and senior stakeholders
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Safeguarding Manager employer: Financial House
At Financial House, we pride ourselves on being a dynamic and innovative employer, offering our First Line AML Specialists a vibrant work culture that fosters collaboration and professional growth. With a commitment to compliance and excellence, we provide comprehensive training and development opportunities, ensuring our employees are equipped with the latest knowledge in AML and KYC processes. Located in a thriving financial hub, we offer competitive benefits and a supportive environment where your contributions directly impact our success as one of Europe's fastest-growing companies.
