CASS Analyst

Vargo Group; Leeds; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading Fintech outsourcing business is seeking a CASS Analyst or CASS Supervisor for their operations team in the United Kingdom. In this newly created permanent role, you will ensure compliance with FCA's Client Asset Sourcebook rules, safeguard client money, and manage reconciliation processes. Ideal candidates have 1-3+ years in a CASS-focused role, strong regulatory knowledge, and excellent analytical skills. This position offers the opportunity for professional growth in a dynamic environment.

Qualifications

• 1-3+ years of experience in a dedicated CASS-focused role within a regulated financial services firm.
• Strong understanding of FCA CASS rules, especially CASS 6 or CASS 7.
• Meticulous attention to detail for accurate reconciliation.

Responsibilities

• Act as the subject matter expert on CASS compliance, providing guidance to various teams.
• Perform and oversee daily and non-daily CASS reconciliations.
• Identify and manage CASS-related operational risks and breaches.
• Prepare regular Management Information reports on CASS compliance.
• Develop and deliver CASS awareness training to staff.

Skills

CASS compliance

Analytical skills

Problem-solving

Communication

Microsoft Excel proficiency

Tools

Reconciliation systems

Job description

Our client is a leading Fintech outsourcing business, specialising in supporting pension (including SIPP) and investment administration services for regulated financial clients. Their reputation is built on trust, innovation, and unwavering regulatory compliance.

They are looking for a dedicated and experienced CASS Analyst or CASS Supervisor to join their Operations team in Peterborough. This is a critical role focused on safeguarding client money and custody assets, protecting their regulatory integrity, and ensuring full compliance with the FCA's Client Asset Sourcebook (CASS) rules.

If you have a strong CASS background and are ready to be the subject matter expert in a fast-paced, client-focused environment, this is your opportunity.

Key responsibilities

As our CASS Analyst / supervisor, you will be pivotal between compliance and operations, combining advisory oversight with hands‑on monitoring and reconciliation :

• CASS Advisory & Policy : Act as the subject matter expert on CASS compliance, providing guidance to Operations, Finance, and Client Services. You'll assist in maintaining and enhancing CASS policies and internal control frameworks.
• Reconciliation & Monitoring : Perform and oversee daily and non‑daily CASS reconciliations (client money and custody assets), ensuring meticulous accuracy and promptly investigating and escalating all breaks.
• Risk & Breach Management : Identify, assess, and manage CASS‑related risks in operational processes. Log, track, investigate, and report CASS breaches, ensuring all remediation actions are documented and completed in a timely manner.
• Reporting & Audits : Prepare regular Management Information (MI) reports on CASS compliance status for senior management and the Board. You will be a key contact for both internal and external CASS audits.
• Training & Projects : Develop and deliver engaging CASS awareness training to operational staff. Ensure all CASS requirements are incorporated into new business projects, system changes, and product launches.

Background & Experience

• Dedicated CASS Expertise : 1–3+ years of experience in a dedicated, CASS‑focused role within a regulated financial services firm (e.g., Investment Management, Broker, SIPP Provider).
• Regulatory Knowledge : A strong, practical working understanding of the FCA CASS rules, specifically in either CASS 6 (Custody) or CASS 7 (Client Money), and their application to operational environments.
• Analytical Power : Excellent analytical and problem‑solving abilities with meticulous attention to detail, essential for accurate reconciliation.
• System Proficiency : High proficiency in Microsoft Excel and proven experience using accounting or reconciliation systems.
• Communication : Strong written and verbal communication skills for regulatory reporting, advisory work, and training delivery.

This is a newly created permanent role and will suit a CASS analyst looking for a new career opportunity with oversight over CASS and the opportunity to take on supervisory / team management duties.