Head of CASS Oversight

Royal London; Greater London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A leading asset management firm in London is seeking a Head of CASS Oversight to lead a small team and provide oversight for all CASS-related matters. This role involves ensuring compliance with client money regulations, developing control frameworks, and advising senior management. Candidates should possess strong technical expertise in client money and CASS, excellent communication skills, and experience managing small teams. The position offers a hybrid working model and comprehensive benefits including a generous pension scheme and private medical insurance.

Benefits

28 days annual leave plus bank holidays

Up to 14% employer matching pension scheme

Private medical insurance

Qualifications

• Experience of managing small teams and leading change in the CASS environment.
• Detailed knowledge of the CASS and CMAR section of the SUP sourcebook.
• Previous experience of managing audit processes.

Responsibilities

• Provide ongoing oversight of CASS processes and ensure compliance.
• Ensure timely and accurate delivery of regulatory CMAR returns.
• Advise senior management on regulatory developments.

Skills

Technical expertise in client money

Understanding of CASS regulations

Experience managing small teams

Communication skills

Ability to challenge

Job description

Job Title: Head of CASS Oversight

Contract Type: Permanent

Location: London

Working style: Hybrid 50% home / office based

Join us at Royal London Asset Management in this exciting opportunity as Head of CASS Oversight. Reporting directly to the Chief Financial Officer this is one of four key leadership positions within the Finance function. You will lead a small team and provide first-line oversight and support for all CASS-related matters across RLAM and its associated companies. This includes monitoring processes undertaken by third-party administrators and ensuring compliance with CASS and CMAR reporting regulations.

This role will also be responsible for developing implementing and maintaining an effective first-line control framework.

About the role

Provide ongoing oversight of CASS processes both internally and those undertaken by our third party suppliers. To include regular sampling of for example client money and client asset reconciliations and mandate compliance.

Ensure relevant risks are captured and compliance with CASS related actions are completed.

Ensure all regulatory CMAR returns and CASS firm classifications are delivered on time and accurately.

Production and development of CASS Management Information and reporting to the relevant Boards and Executive Committee.

Advise the Directors senior management and business on all regulatory developments in relation to client money and safe custody assets.

Operate as deputy to the SMF with CASS responsibility having a direct reporting line into the SMF / CFO.

Manage issues arising to ensure a positive audit outcome for the business.

Responsible for owning the risks faced by their business area managing the control framework and implementing and embedding all elements of the Risk Management System (RMS)

About you

Technical expertise in client money and a strong understanding of CASS regulations and processes within asset management.

Experience of managing small teams and leading change in the CASS environment.

Detailed knowledge and understanding of the CASS and CMAR section of the SUP sourcebook.

A detailed understanding of the operational processes of an asset management business.

Previous experience of managing audit processes.

Excellent communication and influencing skills capable of delivering to senior Directors.

Proven ability to challenge.

Tenacious.

Manage relationships effectively with senior internal and external stakeholders.

About Royal London Asset Management

Royal London Asset Management (RLAM) part of the Royal London Group is one of the UKs leading fund management companies working with a wide range of clients across the globe to achieve their investment goals. Our long-term client-driven focus means that we have a long-standing commitment to responsible investment. We act as responsible stewards of our clients capital exercising their rights and influencing positive change.

Our People Promise to our colleagues is that we will all work somewhere inclusive responsible enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered Trustworthy Collaborate Achieve.

Weve always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits

Inclusion diversity and belonging

Were an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected whatever their background.

Required Experience: Director

Employment Type: Full Time

Experience: years

Vacancy: 1