At a Glance
- Tasks: Ensure compliance with CASS regulations and support business expansion.
- Company: Leading international securities firm with a focus on growth.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for professional growth.
- Why this job: Join a pivotal role in shaping compliance and making a real impact.
- Qualifications: Experience in CASS compliance and strong regulatory knowledge required.
The predicted salary is between 56700 - 69300 £ per year.
A leading international securities business is looking for a CASS Specialist to join its growing Operations team, reporting directly to the COO. The role will focus on implementing and embedding CASS requirements across the business while supporting the business as it expands.
Key Responsibilities:
- Own day-to-day compliance with CASS 6 (custody assets) and CASS 7 (client money) across businesses.
- Design, implement and monitor systems and controls for client money/custody asset segregation, reconciliation and record-keeping.
- Act as primary liaison for the annual CASS audit under SUP 3.10, coordinating auditor requests and remediating findings.
- Maintain and update the CASS Resolution Pack (CASS 10).
- Review and advise on client documentation, including custody agreements, client money agreements and title transfer collateral arrangements (TTCAs), ensuring proportionality and correct classification.
- Monitor, investigate and report CASS breaches, maintaining the firm’s breach log and escalation process.
- Deliver CASS training to front-office, operations and support functions.
- Track and interpret regulatory developments (FCA Handbook Notices, Dear CEO letters, consultation/policy papers) affecting CASS, and update policies and procedures accordingly.
- Support the CASS Operational Oversight Function holder in meeting their SM&CR responsibilities.
- Prepare CASS-related MI and reporting for senior management and relevant governance committees.
Requirements:
- Several years’ relevant experience in a CASS-focused compliance, internal audit or operations role within a broker-dealer, investment bank or asset manager.
- Strong working knowledge of CASS 6, CASS 7 and CASS 10, and related FCA Handbook provisions.
- Practical experience managing or supporting CASS audits under SUP 3.10.
- Experience with client money/custody asset reconciliation processes and controls.
- Familiarity with title transfer collateral arrangements (TTCAs) and collateral management.
- Strong understanding of the UK regulatory framework applicable to investment firms (FCA, MiFID II/UK onshored regime).
CASS Specialist in London employer: Saxton Leigh
Saxton Leigh is an exceptional employer located in the vibrant city of London, offering a dynamic work culture that prioritises collaboration and innovation. Employees benefit from comprehensive professional development opportunities, competitive compensation, and a commitment to fostering a strong risk culture, making it an ideal place for those looking to make a meaningful impact in the field of liquidity and market risk analysis.
StudySmarter Expert Advice🤫
We think this is how you could land CASS Specialist in London
✨Tap into Campus Networks
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We think you need these skills to ace CASS Specialist in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Saxton Leigh.
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Research and Reflect:Before hitting that 'apply' button on Saxton Leigh's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Saxton Leigh
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Saxton Leigh.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Saxton Leigh employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
