Reconciliations Administrator (CASS)
Location: Chelmsford, Essex
Salary: Upto £40,000 + excellent benefits
Contract: Permanent, full-time
About the opportunity:
Pursuit is working with a well-established wealth management firm to recruit a Senior Bank Reconciliations Administrator for its CASS team.
This role suits an experienced reconciliations professional who knows the FCA's Client Assets (CASS) rules well. You'll make sure client money reconciliations are accurate and done on time, act as the team's expert, and help colleagues across Operations. You'll join a busy, collaborative team where accuracy and control really matter.
What you'll be doing:
- Producing accurate, on-time external client money bank reconciliations in line with FCA CASS requirements
- Completing the firm's own bank reconciliations and the reporting that goes with them
- Investigating, recording and escalating breaks and outstanding items, and working with teams across the business until they're cleared
- Producing the daily sweep and prudent segregation calculations
- Keeping reconciliation procedures, templates and process notes up to date and improving them
- Training and mentoring colleagues and cross-training them so holidays and absences are covered
- Managing bank statement downloads, filing and reconciliation records
- Processing stopped cheques
- Supporting the annual CASS audit and answering information requests
What we’re looking for:
- Experience of bank reconciliations in a regulated financial services firm, using a reconciliation system or tool
- A good working knowledge of the CASS rules, particularly CASS 7 (client money)
- A track record of finding, investigating and resolving reconciliation breaks
- Confidence dealing with people at every level of the business, and the ability to push for improvements
- Excellent organisation, accuracy and attention to detail, and the ability to juggle competing deadlines
- Good skills in Excel, Word and PowerPoint
- GCSEs (or equivalent) including Maths and English. Further financial services qualifications would be a bonus.
What’s on offer:
- Holiday: 27 days a year
- Pension: the company pays in 10% and you don't need to contribute
- Life assurance: 4x your salary
- Income protection: 75% of your salary if you're off long-term through illness
- Private medical insurance: single cover through BUPA paid by the company, with the option to add your partner or family
- Dental insurance: optional cover through BUPA
- Gym: half the monthly membership paid by the company
- Season ticket loan: interest-free
- Salary sacrifice schemes: Cycle to Work, mobile phone, childcare vouchers and Give As You Earn, available after probation
- Flexible benefits: buy extra holiday, extra life cover or critical illness cover
- Development: ongoing training in a highly regarded CASS and Operations function
Reconciliations Administrator (CASS) in Cheltenham employer: Pursuit Recruitment Ltd
Join one of the UK's leading Wealth Management firms in Chelmsford, where you will embark on a rewarding career as a Stocks / Wealth Management Assistant. Our vibrant work culture fosters growth and development, offering comprehensive benefits such as a generous pension contribution, income protection, and gym membership discounts, ensuring you thrive both personally and professionally. With a focus on client satisfaction and a supportive team environment, this role is perfect for motivated school leavers eager to make their mark in the finance industry.
