At a Glance
- Tasks: Oversee client money processes and ensure compliance with safeguarding regulations.
- Company: Fast-growing UK Payments/FinTech business with a dynamic culture.
- Benefits: Long-term progression, visibility across leadership, and a collaborative environment.
- Other info: Opportunity to work closely with senior stakeholders and enhance your career.
- Why this job: Join a key role in safeguarding client funds and make a real impact.
- Qualifications: Strong knowledge of FCA CASS and experience in regulated environments.
The predicted salary is between 50000 - 70000 £ per year.
A rare and exciting opportunity has arisen to join a fast-growing UK Payments/FinTech business as a Client Money Safeguarding Officer (CMSO). Following a sustained period of growth, the business is looking to strengthen its safeguarding and compliance capability with the appointment of an experienced safeguarding professional to play a key role within the organisation’s control framework. This is a fantastic opportunity for an individual with strong safeguarding/CASS experience to join a dynamic and ambitious business offering genuine long-term progression and visibility across senior leadership.
The Role
The CMSO will take ownership of the firm’s safeguarding framework, ensuring the effective segregation and protection of client funds in line with the Payment Services Regulations (PSRs), E-Money Regulations, and FCA safeguarding expectations. Acting as the internal Subject Matter Expert (SME) for safeguarding and CASS-related controls, the successful candidate will work closely with Finance, Treasury, Compliance, Risk, Legal, and Operations teams to ensure robust governance and regulatory compliance across the business.
Key Responsibilities
- Oversight of safeguarding and client money processes
- Acting as SME for FCA CASS and safeguarding requirements
- Supporting the design and enhancement of safeguarding frameworks, controls, and policies
- Managing safeguarding reporting and regulatory documentation
- Supporting Treasury operations, liquidity monitoring, and bank account oversight
- Coordinating annual CASS audits and regulatory reviews
- Liaising with senior stakeholders and regulatory bodies where required
Requirements
- Strong knowledge and practical experience of the FCA’s Client Assets Sourcebook (CASS)
- Experience gained within an FCA-regulated environment where the firm holds or controls client money
- Experience designing, implementing, and maintaining internal controls, policies, and procedures
- Excellent stakeholder management and communication skills
Client Money Safeguarding Officer (CASS) employer: MERJE
Join a fast-growing UK Payments/FinTech business that prioritises employee development and offers a vibrant work culture. As a Client Money Safeguarding Officer, you will benefit from long-term career progression opportunities while working alongside senior leadership in a collaborative environment that values compliance and innovation. With a focus on safeguarding client funds, this role not only enhances your expertise but also places you at the forefront of regulatory excellence in a dynamic industry.
StudySmarter Expert Advice🤫
We think this is how you could land Client Money Safeguarding Officer (CASS)
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like MERJE looking for candidates who are engaged and informed.
We think you need these skills to ace Client Money Safeguarding Officer (CASS)
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at MERJE. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at MERJE
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with MERJE’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
