At a Glance
- Tasks: Ensure accurate stock and cash records for over 230,000 clients while resolving discrepancies.
- Company: Join Seccl, a B-Corp certified investment platform transforming the industry.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on innovation and collaboration.
- Why this job: Make a real impact in finance by improving reconciliation processes and client experiences.
- Qualifications: Understanding of custody asset and client money reconciliations, plus knowledge of CASS regulations.
The predicted salary is between 35000 - 45000 € per year.
Hybrid with two days a week in our Bath or Edinburgh office.
About Us
Seccl is the Octopus‑owned embedded investment platform that’s on a mission to help more people invest – and invest well. We’re B‑Corp certified with an impressive product‑market fit, early traction and the potential to transform an outdated industry for the better. We’ve been growing fast and will scale even faster over the next few years.
The role
We’re looking for an Operations analyst to join our Reconciliations team at Seccl, reporting to the Operations delivery lead. The Reconciliations team are responsible for ensuring the accuracy of our stock and cash records for the 230,000+ clients currently on the platform. Each day we ensure those records match those held with banks, Fund Managers and CREST, alongside a suite of processes to identify and quickly resolve any discrepancies.
As an Operations analyst you will work closely with other analysts, ensuring all CASS Reconciliations and processes are carried out in line with FCA requirements, supporting the team in doing so. You will proactively identify issues, or potential issues, and liaise across Operational teams to both resolve these and prevent reoccurrence.
On a typical day you will be:
- Ensuring all daily, weekly and monthly stock & cash reconciliations, and any supplementary processes, are delivered accurately and on time.
- Maintaining the daily break management system, ensuring accurate and clear explanations for operational teams to undertake resolution, and producing clear MI of any outstanding items and their age.
- Helping identify any systemic issues, and their root causes, and aiding operational teams to resolve these.
- Producing the monthly FCA Client Money & Asset Return (CMAR) for submission to CASSCo for approval.
- Producing monthly CASS MI on reconciliation completion, and any outstanding reconciliation breaks.
- Identifying and proposing solutions for Reconciliation process improvements to deliver a more scalable & robust proposition.
- Liaising across Operations, Engineering & Compliance to coordinate issue resolution.
This role’s for you if:
- You have proven understanding of either, or both, custody asset and client money reconciliations and the CASS regulations covering these.
- You have a good understanding of investment platform operations in a retail client proposition, including basic knowledge of trade lifecycle, corporate actions & client money.
Operations analyst - Reconciliations in Edinburgh employer: Seccl
Seccl is an exceptional employer, offering a dynamic hybrid work environment in the vibrant cities of Bath and Edinburgh. With a strong commitment to employee growth and a culture that values innovation and collaboration, Seccl empowers its team members to make a meaningful impact in the investment industry. As a B-Corp certified company, we prioritise sustainability and ethical practices, ensuring that our employees are part of a mission-driven organisation that is transforming the way people invest.
StudySmarter Expert Advice🤫
We think this is how you could land Operations analyst - Reconciliations in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Seccl. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to reconciliations and CASS regulations. We want you to show off your knowledge and confidence!
✨Tip Number 3
Show your passion for the role! When you get the chance to speak with someone from Seccl, let them know why you're excited about helping transform the investment industry.
✨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 at Seccl.
We think you need these skills to ace Operations analyst - Reconciliations in Edinburgh
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operations Analyst role. Highlight your experience with reconciliations and any relevant knowledge of CASS regulations. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our mission at Seccl. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:As an Operations Analyst, your analytical skills are key. In your application, give examples of how you've identified issues and proposed solutions in past roles. We want to see your problem-solving prowess in action!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Seccl
✨Know Your Numbers
Make sure you brush up on your understanding of custody asset and client money reconciliations. Be prepared to discuss specific examples from your past experience where you've successfully managed reconciliations or resolved discrepancies. This will show that you not only understand the theory but can apply it in practice.
✨Familiarise Yourself with CASS Regulations
Since this role involves working closely with FCA requirements, it's crucial to have a solid grasp of CASS regulations. We recommend reviewing the key points and being ready to explain how they relate to the operations you'll be involved in. This will demonstrate your commitment to compliance and operational excellence.
✨Show Your Problem-Solving Skills
The ability to identify and resolve issues is key for an Operations analyst. Prepare to share examples of how you've proactively identified problems in previous roles and the steps you took to resolve them. This will highlight your analytical skills and your proactive approach to improving processes.
✨Engage with the Team Dynamics
This role requires liaising across various teams, so it's important to showcase your teamwork skills. Think of instances where you've collaborated with others to achieve a common goal. During the interview, express your enthusiasm for working in a team environment and how you can contribute to a positive team dynamic at Seccl.
