At a Glance
- Tasks: Support client money processes and ensure compliance with FCA regulations.
- Company: Join Howden, a global insurance group with a unique employee-owned culture.
- Benefits: Flexible hours, career progression, and a supportive work environment.
- Other info: Embrace diversity and enjoy a culture that values innovation and collaboration.
- Why this job: Make a real impact while developing your skills in a dynamic team.
- Qualifications: Strong analytical skills and ideally pursuing an accountancy qualification.
The predicted salary is between 30000 - 40000 £ per year.
Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It's what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you'll find like-minded people driving change at Howden.
The Role
As an Assistant Client Money Manager, you will support the management of client money processes, ensuring compliance with FCA regulations, particularly CASS5. This part-time position involves assisting with financial processes, audits, and the development of client money procedures. Collaborating with the Client Money Manager and other teams, you'll play a vital role in maintaining operational accuracy and regulatory adherence.
What you'll be doing
- Administer client money processes in line with FCA CASS5 regulations.
- Assist in improving client money procedures and operating models.
- Support the production and distribution of Client Money Management Information (MI) pack.
- Assist with coordinating the annual client money audit.
- Help resolve audit and regulatory review actions related to client money.
- Review client money calculations with accuracy and timeliness.
- Maintain and update client money policies in collaboration with the IBA team.
- Assist with client money audits and maintain the central repository of CASS information.
- Stay informed on regulatory standards and ensure processes align with requirements.
Who we're looking for
- Strong analytical skills and attention to detail.
- Capable of working both independently and collaboratively.
- Effective communication and relationship-building skills.
- Organised able to manage multiple tasks and deadlines.
- Proactive and willing to learn.
- Ideally working towards or holding an accountancy qualification (e.g., AAT, ACCA, CIMA).
- Familiarity with FCA CASS 5 rules within the insurance sector is essential.
- Familiarity with IBA processes and an audit background is advantageous but not essential.
- Strong excel skills, including complex formulas and create pivot tables.
- Strong word and written communication skills.
What do we offer in return?
A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we're looking for individuals who share the same values as us:
- Our successes have all come from someone brave enough to try something new.
- We support each other in the small everyday moments and the bigger challenges.
- We are determined to make a positive difference at work and beyond.
Reasonable adjustments
We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you're excited by this role but have some doubts about whether it's the right fit for you, send us your application – if your profile fits the role's criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Assistant Client Money Manager in London employer: Howden Group
Howden is an exceptional employer that prioritises employee ownership and a collaborative culture, making it a standout choice for those seeking meaningful work. With a strong focus on work/life balance, career progression, and sustainability, employees are empowered to drive change in a supportive environment. The part-time Assistant Client Money Manager role offers the opportunity to engage with compliance processes while benefiting from flexible working arrangements and a commitment to personal growth.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Client Money Manager in London
✨Connect with Campus Reps
If you're looking for part-time work in banking, try to connect with your university's career services and campus representatives from banks. They often host recruitment events or provide exclusive job listings, which can give you a leg up in the application process.
✨Get Involved in Financial Societies
Join finance or investment clubs at your university. These societies not only provide fantastic networking opportunities but also often collaborate with financial institutions for internships or part-time roles, making it easier for us to land those positions.
✨Use LinkedIn for Hidden Gems
Keep an eye on LinkedIn for part-time opportunities at banks, specifically targeting roles like customer service or administrative support. Companies like Howden Group often post openings there first, so be on the lookout and don’t forget to engage with their content!
✨Showcase Your Skills Directly
When applying for a part-time role, consider creating a simple portfolio that highlights your finance-related skills or projects. Whether it's a personal finance blog, a financial analysis you've done, or any relevant coursework, having this ready can impress hiring managers at Howden Group.
We think you need these skills to ace Assistant Client Money Manager in London
Some tips for your application 🫡
Show Off Your Numbers Game:In the banking and financial services world, it's all about numbers. Highlight any relevant coursework, grades, or certifications, like AAT or CFA, on your CV. If you can point to specific projects or tasks where you managed finances or analysed data, that's a big plus!
Tailor Your Cover Letter to Us:When writing your cover letter, don’t just reiterate your CV. Tell us why you want to work at Howden Group and how this part-time role fits into your career goals. Map your skills and experiences directly to the job spec, and don’t forget to weave in any technical skills you have, like experience with financial software!
Marry Experience with Availability:Since this is part-time, it’s super important to state your availability clearly in your application. Highlight any previous work experience, even if it's not directly in finance, that shows your reliability and ability to juggle various commitments. Flexibility can be a real asset!
Keep It Professional Yet Personal:While you want to keep a professional tone, don’t be afraid to inject a bit of your personality into your application. Especially for a part-time role, we’re looking for someone who's not just skilled but also a good fit for the team at Howden Group. A little light-heartedness can go a long way!
How to prepare for a job interview at Howden Group
✨Brush Up on Your Numbers
For a role in banking and financial services, you’ll likely encounter numerical tests that gauge your analytical skills. So, let’s whip out those maths skills! Practise mental arithmetic and get comfy with basic financial concepts; this'll really help you shine during the assessment stages.
✨Know Your Financial Products
Knowing your stuff about the various financial products and services is crucial. Be prepared to discuss topics like loans, mortgages, investment funds, and credit options. Having a finger on the pulse of current market trends and economic events can also give you an edge—the interviewers will appreciate your insight!
✨Flexibility and Commitment are Key
Since you're aiming for a part-time position, emphasise your flexibility and willingness to commit your time effectively. Highlight your ability to balance studies or other commitments while delivering results at work. This kind of attitude can set you apart from the competition.
✨Showcase Your Portfolio of Experience
Even though it’s a part-time role, companies want to see your motivation and past experience. Bring examples of relevant projects or roles, including internships or coursework that demonstrate your understanding and passion for banking and finance. The more tangible your examples, the more convincing you’ll be!
