Assistant Client Money Manager in London

Assistant Client Money Manager in London

London Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Howden

At a Glance

  • Tasks: Support client money processes and ensure compliance with FCA regulations.
  • Company: Join Howden, a global insurance group with a people-first culture.
  • Benefits: Flexible hours, personal development, and a supportive work environment.
  • Other info: Diverse and inclusive workplace with excellent growth opportunities.
  • Why this job: Make a real impact while building a fulfilling career in finance.
  • Qualifications: Strong analytical skills and ideally pursuing an accountancy qualification.

The predicted salary is between 30000 - 40000 £ per year.

Who are we? Howden is a global insurance group with employee ownership at its heart. We're experts helping clients adapt and thrive in a changing world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mind-set, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees and spanning 56 countries. Our people are our biggest asset as well as our largest shareholder group and are everything that makes us unique; our inclusive culture, the quality service we offer our clients, and our continued growth, all come from our people-first approach.

Why work at Howden? We have always been employee-owned and driven by entrepreneurial spirit. Right from the beginning, we've focused on employing talented individuals and empowering them to make a real difference to the company, whilst building successful and fulfilling careers at the same time. Simply put, we hire talented specialists and give them what they need to make a difference for clients. Always have, always will.

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 disappointed head-hunters 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.

  • 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. Our business succeeds by allowing our people to make a mark in the areas they care about most: personal development, volunteering, and fundraising for charity, or creating new insurance products that address society's greatest challenges. And we know that separate home and work lives don't really exist. If you're happy and healthy at home, you're more likely to be happy and fulfilled at work – and vice versa. That's why we do our best to support our people in every aspect of their lives.

Diversity and Inclusion At Howden we value diversity - there is no one Howden 'personality 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. We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect – regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status, or family circumstances.

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.

Our sustainability promise We're on a life-long journey to become an ever-more sustainable group. It's a commitment to taking care of our people and the world we live in, to doing good business, and to making a positive impact wherever we can. Our governance processes, company policies, and review systems are all geared towards our goal of making a positive impact in the world.

Assistant Client Money Manager in London employer: Howden

At Howden, we pride ourselves on being an employee-owned global insurance group that champions a people-first culture, fostering an environment where your contributions truly matter. As an Assistant Client Money Manager, you'll benefit from our commitment to personal development, work-life balance, and a collaborative atmosphere that empowers you to thrive while making a meaningful impact in the insurance sector. With a focus on diversity and inclusion, we ensure that every team member feels valued and supported, making Howden an exceptional place to build a rewarding career.

Howden

Contact Details:

Howden Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Client Money Manager in London

Tip Number 1

Network like a pro! Reach out to current or former Howden employees on LinkedIn. Ask them about their experiences and any tips they might have for landing the Assistant Client Money Manager role. Personal connections can give you an edge!

Tip Number 2

Prepare for the interview by brushing up on FCA CASS5 regulations. Show that you know your stuff and can talk confidently about compliance. We want to see that you're proactive and ready to tackle the challenges of the role.

Tip Number 3

Practice your communication skills! Since this role involves collaboration, being able to articulate your thoughts clearly is key. Try mock interviews with friends or family to get comfortable discussing your experience and ideas.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our awesome team at Howden.

We think you need these skills to ace Assistant Client Money Manager in London

Analytical Skills
Attention to Detail
FCA CASS 5 Regulations
Client Money Management
Financial Processes
Audit Coordination
Communication Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Assistant Client Money Manager role. Highlight your experience with FCA CASS5 regulations and any relevant financial processes. We want to see how your skills align with what we do at Howden!

Show Off Your Skills:Don’t hold back on showcasing your analytical skills and attention to detail. Use specific examples from your past experiences that demonstrate your ability to manage multiple tasks and deadlines effectively. We love seeing how you can contribute to our team!

Be Yourself:At Howden, we value authenticity. Let your personality shine through in your application. Share your passion for the insurance sector and how you can make a positive difference in our inclusive culture. We’re looking for individuals who resonate with our values!

Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and get to know you better. Plus, it shows you’re keen on joining our amazing team at Howden!

How to prepare for a job interview at Howden

Know Your Regulations

Familiarise yourself with FCA CASS5 regulations before the interview. Being able to discuss these regulations confidently will show that you understand the core responsibilities of the Assistant Client Money Manager role and are ready to contribute from day one.

Showcase Your Analytical Skills

Prepare examples that highlight your strong analytical skills and attention to detail. Think of specific instances where you've successfully managed financial processes or audits, as this will demonstrate your capability to handle the tasks required in this position.

Emphasise Team Collaboration

Since the role involves working closely with the Client Money Manager and other teams, be ready to discuss your experience in collaborative environments. Share stories that illustrate how you've built relationships and worked effectively with others to achieve common goals.

Ask Insightful Questions

Prepare thoughtful questions about Howden's culture, team dynamics, and the specific challenges faced in client money management. This not only shows your genuine interest in the role but also helps you assess if the company aligns with your values and career aspirations.