At a Glance
- Tasks: Join our Reconciliations team to ensure accurate stock and cash records for over 230,000 clients.
- Company: Seccl, an Octopus-owned investment platform on a mission to transform investing.
- Benefits: Competitive salary, flexible holidays, remote work options, and generous learning budget.
- Other info: Embrace change and thrive in a culture that values diversity and innovation.
- Why this job: Make a real impact in a fast-paced environment while shaping your own career path.
- Qualifications: Understanding of custody asset reconciliations and strong analytical skills are essential.
The predicted salary is between 28000 - 35000 € 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 We’re B‑Corp certified with an impressive product‑market fit, early traction and the potential to transform an outdated industry for the better.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 payment standards.
- You have the ability to work well under pressure, in an organised manner with the ability to multi‑task and switch priorities.
- You have strong analytical and problem‑solving abilities with an eye for identifying opportunities for inefficiencies and automation.
- You have excellent communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels and work across diverse operational teams.
- You are technically minded. Knowledge of, and desire to learn low/no code tools. Strong Excel skills are essential. Knowledge of Looker and MS Power Platform is desirable.
- You have an understanding of relevant regulatory standards and industry best practice.
This role isn’t for you if:
- You rely on a lot of top‑down direction. Here, you’ll have a lot of freedom and ownership of your role, and you’ll be expected to shape your own progression.
- You’re not comfortable working in a fast‑paced environment. Our speed and scalability are what set us apart; you need to be able to act quickly and think on your feet.
- You struggle to follow through on ideas. We value people who do what they say they will. If you care about something, you have the freedom here to make it happen.
- You don’t like change. You’ll get on great here if you relish the ambiguity of rapid growth and are willing to embrace uncertainty.
What’s In It For You
We offer a generous mix of benefits for the things that really matter to our people, including:
- £28,000 - £35,000 salary, dependant on experience, reviewed annually.
- 27 days holiday + bank holidays; some can be flexible; day off on your birthday; three days (full time) per year for Dependant leave.
- Two volunteering days per year.
- Option to work abroad for up to six weeks a year.
- Secclbrate – our recognition programme that offers a mix of flexible rewards including extra pay, additional holiday and increased learning budget.
- Length of service award – one month paid sabbatical at eight years.
- 6% employer pension contribution, and life assurance.
- Private medical insurance with AXA Health.
- Enhanced Parental leave.
- MacBook and up to £500 home office set up budget.
- £750 per person learning budget.
- Health and wellbeing initiatives including free therapy via Wellness Cloud, mental health support via Headspace.
- Strong financial wellbeing focus including access to Octopus Money, Octopus Share Incentive Plan and will writing offering via Octopus Legacy.
- Perkbox – Flexi‑points giving you a range of discounts and perks including free weekly coffee, gym and retail discounts.
- Access to initiatives like Cycle to Work and Octopus Electric Vehicle Leasing.
Our culture
We’re proud to put people first, creating a culture where we truly listen to what matters most to them. Our transparent and inclusive environment encourages diversity of thought, challenge and experimentation.
Interview process
Interviewing is a two‑way thing, and we want you to have the time and opportunity to get to know us as much as we are getting to know you. Our interviews are conversational, so come with questions and be curious. In general, you can expect the interview process to look something like this, following an initial chat with one of our talent team:
- First stage – 45 minutes competencies‑based interview with the hiring manager.
- Second stage – one hour technical interview or assessment.
We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out and you should expect to hear back from us within one to two weeks of applying.
Diversity, equity and inclusion
Our aim is to build a diverse and inclusive company of awesome people, with unique skills, passions and experiences. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status. If this sounds like your kind of thing, we encourage you to apply even if you don’t tick every box.
Operations analyst - Reconciliations employer: Seccl
At Seccl, we pride ourselves on being an exceptional employer, offering a vibrant hybrid work culture that values flexibility and personal growth. With a strong focus on employee well-being, our generous benefits package includes 27 days of holiday, a robust learning budget, and opportunities for volunteering and working abroad, all within a supportive environment that encourages innovation and collaboration. Join us in Bath or Edinburgh and be part of a mission-driven team dedicated to transforming the investment industry while enjoying a workplace that truly listens to its people.
StudySmarter Expert Advice🤫
We think this is how you could land Operations analyst - Reconciliations
✨Tip Number 1
Get to know the company inside out! Research Seccl's mission, values, and recent news. This will help you tailor your conversations during interviews and show that you're genuinely interested in being part of the team.
✨Tip Number 2
Practice makes perfect! Prepare for common interview questions related to operations analysis and reconciliations. Think about your past experiences and how they relate to the role, so you can share relevant examples with confidence.
✨Tip Number 3
Don’t forget to ask questions! Interviews are a two-way street, so come armed with thoughtful questions about the team, the role, and the company culture. This shows you're engaged and helps you figure out if Seccl is the right fit for you.
✨Tip Number 4
Follow up after your interview! A quick thank-you email can go a long way in leaving a positive impression. It’s also a chance to reiterate your enthusiasm for the role and highlight any key points you might have missed during the chat.
We think you need these skills to ace Operations analyst - Reconciliations
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with custody asset and client money reconciliations. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant achievements!
Show Off Your Analytical Skills:As an Operations analyst, strong analytical abilities are key. Use your application to demonstrate how you've identified inefficiencies or proposed solutions in past roles. We love seeing problem-solving in action!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your points are easy to understand. This will help us see your communication skills right from the start!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Seccl
✨Know Your Numbers
As an Operations Analyst, you'll be dealing with stock and cash reconciliations. Brush up on your knowledge of CASS regulations and the trade lifecycle. Be prepared to discuss how you've handled discrepancies in the past and what processes you used to resolve them.
✨Show Off Your Analytical Skills
This role requires strong analytical abilities. Think of specific examples where you've identified inefficiencies or proposed improvements in a process. Be ready to explain your thought process and how you approached problem-solving in those situations.
✨Communicate Clearly
You'll need to liaise with various operational teams, so excellent communication is key. Practice explaining complex concepts in simple terms. During the interview, ask questions that show your curiosity about their operations and how you can contribute.
✨Embrace Change
Seccl values adaptability, especially in a fast-paced environment. Share experiences where you've successfully navigated change or uncertainty. Highlight your ability to think on your feet and how you thrive in dynamic situations.
