CASS Oversight Manager

Job Description

Employee Name: Primary Location: London (Hybrid)

Job Title: CASS Oversight Manager (WCIM)

Job Code:

Job Level:

Job Grade:

Department: CASS

Qualification Requirement: NO Details:

Name of the line Manager: Designation

Employing Entity: WCIM

SMCR Function: NO Certification Manager

NO

MRT: NO

SPS Holder: NO

Aim and purpose of the role:

• Support upholding the firm’s CASS Oversight Framework to help the firm achieve compliance with the FCA’s CASS regulations

• Relevant experience focussed on Client Money Oversight (+ Custody Assets optional) • Regularly attend and lead in preparing documentation for CASS Governance meetings • Provide oversight and direction across the wider CASS Operations team, including a focus over CASS

reconciliations and reporting requirements

Key responsibilities:

Main focus:

• Regularly prepare appropriate CASS Management Information

• A key contact point for the CASS Audit in preparation and delivery management

• Monitor and provide regular updates over CASS policy, procedure and process map documentation

• Help to ensure the firms’ CASS Resolution Pack remain complete and fit for purpose

• Help to ensure CASS risks are captured appropriately as part of the firm’s Risk Matrix

• Help to ensure monthly CMAR preparation and submission in line with new rules or guidance

• Support or take a lead in ad hoc CASS Enhancement projects project work (e.g. internal control testing + deep dive analysis across identified operational issues)

• Help to ensure CASS incidents/breaches are appropriately recorded, reported, and escalated and root cause analysis is performed to prevent future recurrence

• Help to support and encourage CASS awareness across all areas of the firm’s Operations

• Take ownership of specific actions with the firm’s CASS Enhancement Plan

• Support assistance with internal auditors and Compliance Monitoring Program

• Help to ensure corrective measures are taken to enhance controls, resolve weaknesses and automate for better effectiveness

• Support the technical support required for external CASS consulting services

Personal Specification:

• Experience within Investment management sector • Knowledge of FCA Client Asset (CASS) rules and Risk Management within financial services • Ability to assess risks, evaluate impact and develop appropriate/proportionate responses • Attention to detail, organised with problem solving and analytical skills • Experience with investigations, developing processes/procedures and executive level report writing • Proactive to improve what's currently in place using working relationships with stakeholders • Good knowledge of MS Office skills in Word, Excel and PowerPoint

• Good communicator with ability to engage positively with colleagues at all levels and third parties • Hybrid working in the office 2 or 3 days per week minimum

Date Updated: 01/02/2024

At Walker Crips, our mission is to make investment rewarding for our clients, our shareholders and our staff, and give our customers a fair deal. We are regulated by the FCA and under the SMCR regime and abide by the conduct rules including the conduct rule 6 in light of FCA’s consumer duty. Founded on traditional values of integrity, courtesy, fairness and loyalty, we have maintained these ideals and remain committed to serve our clients and to deliver good customer outcomes.