Assistant Manager, Client Assets & Safeguarding, Audit & Assurance

Deloitte LLP; Winchester; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player seeks an Assistant Manager for their Client Assets & Safeguarding team. This role offers a unique opportunity to develop expertise in a dynamic environment, working with global leaders in banking, investment management, and insurance. You will manage client engagements, provide technical insights on regulatory audits, and support junior team members' development. With a commitment to innovation and collaboration, this position allows you to balance professional growth with personal well-being through a flexible hybrid working policy. Join a community where your contributions are valued and recognized!

Qualifications

• Deep knowledge of banking, capital markets, and investment management.
• Experience with CASS and Safeguarding rules and common breaches.

Responsibilities

• Manage client engagements and regulatory audits effectively.
• Provide technical support on client assets protection and governance.
• Drive continuous improvement and innovation in service offerings.

Skills

Knowledge of banking and capital markets

Experience with CASS and Safeguarding rules

Organizational skills

Project management skills

Client-centric approach

Ability to work independently

Flexibility and adaptability

Job description

Our Client Assets & Safeguarding (CAS) team has an excellent external reputation for provision of high quality regulatory audit and other assurance services to major firms. Our team covers banking and capital markets, investment and asset management, insurance brokers, payment services and e-money firms.

In our team you would have the opportunity to develop deep specialism in your chosen field, working with a client base that includes global leaders in their field. You would also have the opportunity, if wanted, to broaden experience across industry lines within client assets and safeguarding, or more broadly across our Assurance Group, where opportunities include Conduct of Business, ESG, Prudential regulation and legislation.

Typical services we offer within the CAS team are:

• Working alongside financial statement audit teams to perform CASS and Safeguarding audits;
• Providing practical, yet technical, SME input on the more judgemental Client Assets, Payment Services and E-money rules;
• Reviewing control environments, risk frameworks, operating models, governance structures, CASS / Safeguarding footprints, and providing recommendations to senior stakeholders on gaps and enhancements;
• Performing S166 and shadow S166 reviews of Client Assets and Safeguarding.

Connect to your opportunity

As an Assistant Manager within the Client Assets and Safeguarding team you will have a range of responsibilities such as:

• Day to day management of client engagements, including regulatory audits. This includes participation in walk-through sessions and client meetings; leading project management functions; review of work performed by junior team members; completion of more complex aspects of work; provision of technical input on the CASS / Safeguarding rules; and managing the involvement of the senior project team;
• Owning and maintaining relationships with our client base;
• Providing technical support and challenge to firms on all areas impacting client assets protection such as Governance, Client on-boarding, Legal, Trading, Settlements, Asset Servicing, Reconciliations, Risk, Treasury and Finance, Compliance and Internal Audit;
• Supporting and contributing to the development of junior members of the team;
• Driving continuous improvement through innovation and transformation, embracing change and challenging the way we do things to develop our CAS offerings;
• Developing and maintaining relationships across service lines and geographies to deliver market and client focused solutions;
• Being responsive to and anticipating clients’ needs, providing strategic and relevant insight;
• Being part of a wider community helping to grow our practice and develop our strategy;
• Managing diverse teams within an inclusive team culture where people are recognised for their contribution.

Connect to your skills and professional experience

To qualify for the role, you must have:

• Knowledge of your chosen sector (e.g., banking, capital markets, investment management, insurance, and / or payments/e-money) and how the Client Asset / Safeguarding rules apply to those firms.
• Experience of working with and practical knowledge of the CASS and / or Safeguarding rules, common breaches and other expected elements of a firm’s control environment, such as governance and oversight and risk and controls frameworks.
• An ability and desire to work under your own initiative and in many different and challenging environments.
• A willingness to learn and to develop others.
• Good organisational and project management skills.
• Enjoy working to deadlines.
• A professional approach.
• A client centric and flexible, service orientated approach.
• An ability to work with a diverse group of people and be part of ensuring an inclusive team culture, where people are recognised for their contribution.

The following is desirable but not required:

• Experience of conducting audit engagements or other control reviews.
• A deep understanding of how risk management practically works in relation to protection of client assets.
• Experience in leading controls walkthroughs with control owners.
• Practical knowledge of the FRC’s Assurance Standard for providing assurance on client assets to the FCA.
• Controls reporting frameworks such as ISAE3000 / ISAE3402 / AAF reports.
• Business writing skills, including the ability to write reports which clearly and professionally convey sometimes detailed and complex matters in a clear and concise way.
• We will consider exceptional candidates who have only limited or no previous experience of CASS and/or safeguarding regulations but wish to gain exposure in this field.

Our hybrid working policy

You’ll be based in United Kingdom with hybrid working. Our hybrid model enables our people to collaborate, connect and innovate in both a virtual and physical capacity. As well as remote working, you’ll attend your local office, virtual collaboration spaces and client sites, depending on the requirements of the role.

At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing.