Compliance Analyst – CASS & Execution-Only Investments
London | £60,000–£65,000 | Temp-to-perm
An expanding UK-regulated bank is seeking an experienced Compliance Analyst to join its busy second-line Compliance team.
Reporting to the Chief Compliance Officer, you will provide independent oversight, challenge and assurance across the bank’s CASS framework and execution-only investment services. This is a hands-on position requiring strong technical knowledge of client money, custody assets, Best Execution and market-abuse requirements.
Key responsibilities
- Monitor compliance with FCA CASS requirements, particularly CASS 6, CASS 7 and CASS 10.
- Conduct risk-based reviews of client-money calculations, segregation, reconciliations, custody records and asset registration.
- Review reconciliation breaks, shortfalls and exceptions, challenging their investigation and resolution.
- Maintain the CASS breach log and support the preparation and retrieval testing of the CASS Resolution Pack.
- Provide second-line oversight of execution-only activities, including client categorisation, appropriateness, order handling, disclosures and conflicts of interest.
- Monitor compliance with the Best Execution Policy and review broker, venue and order-handling performance.
- Oversee market-abuse surveillance, challenge alerts and investigations, and support STOR assessments and submissions.
- Complete scheduled, thematic and ad hoc compliance-monitoring reviews.
- Assess regulatory developments and support updates to policies, procedures and control frameworks.
- Track regulatory breaches, audit findings and remedial actions through to completion.
- Prepare management information and support regulatory visits, CASS audits and information requests.
- Assist with wider compliance and financial-crime reviews when required.
About you
- At least five years’ relevant experience within a UK-regulated financial-services firm.
- Proven experience of CASS and execution-only investment-services oversight, including independent monitoring or assurance.
- Strong knowledge of CASS 6, CASS 7 and CASS 10.
- Good understanding of COBS requirements, including client categorisation, appropriateness, Best Execution, disclosures and conflicts of interest.
- Knowledge of UK Market Abuse Regulation, surveillance requirements and STOR obligations.
- Experience of risk-based compliance monitoring, control testing and remediation validation.
- Strong analytical, problem-solving and communication skills.
- Excellent attention to detail and the ability to work independently.
- Proficiency in Excel and data analysis.
- An ICA or CISI compliance qualification would be advantageous.
Working arrangements
The role is based in the City of London. The bank normally operates an informal hybrid arrangement of three days in the office and two days remotely. New employees may initially be required to work from the office five days per week during their probationary period.
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