Part-time CASS Manager

Michael Page; City Of London; Sur place; GBP 83 000 - 92 000; Temps partiel

Résumé du poste

Michael Page in London is seeking a Cass Manager to oversee CASS governance and regulatory reporting within Financial Services. The role focuses on maintaining compliance with CASS requirements, preparing committee packs, updating policies, and managing breach and incident records.

The position involves training Finance and Operations on CASS, supporting SMCR activities, and coordinating the annual CASS audit. It is a temporary part-time assignment with a daily rate of £450 to £500.

Qualifications

• Experience in a CASS-focused role within an FCA-regulated firm.
• Strong knowledge of CASS 7, 7A and 10 and related reconciliations.
• Familiarity with CMAR reporting and breach notification processes.
• Ability to guide Finance and Operations teams on CASS matters.

Responsabilités

• Oversee day-to-day CASS compliance and governance.
• Prepare and enhance CASS Committee packs and lead meetings.
• Maintain CASS policies and the Resolution Pack.
• Manage the CASS breach and incident register and classification.
• Maintain client money due diligence docs and training records.
• Provide oversight of institutional funder monies and changes.
• Submit monthly CMAR returns and coordinate annual audit.
• Deliver training to teams on CASS requirements.

Connaissances

CASS knowledge

Regulatory reporting

Audit coordination

Stakeholder training

Outils

CMAR reporting

Description du poste

As a Cass Manager in London, you will oversee CASS-related activity within Financial Services and help keep day-to-day banking operations organised. You will bring clear oversight to the work, helping the business manage its Banking & Financial Services responsibilities effectively.

Client Details

The organisation operates in the Financial Services industry in London.

Description

CASS Governance & Compliance

• Oversee day-to-day compliance with CASS 7 requirements and ensure a robust governance framework is maintained.
• Prepare, review and enhance CASS Committee packs, leading committee meetings and driving key actions.
• Maintain and update CASS policies, procedures and the Resolution Pack to reflect regulatory, product and operational changes.
• Manage the CASS breach and incident register, ensuring breaches are accurately assessed, classified and documented.
• Maintain client money bank account due diligence documentation and CASS training records.
• Provide oversight of the treatment of institutional funder monies and support any related regulatory permission changes.

Regulatory Reporting & Oversight

• Review, validate and submit monthly CMAR returns, investigating and resolving bank-to-ledger reconciliations and variances.
• Serve as the primary contact for the annual CASS audit, coordinating responses and providing supporting evidence to auditors.
• Act as the subject matter expert on CASS requirements, assessing the impact of business, product and process changes on client money obligations.
• Partner closely with Compliance leadership, providing regular updates and supporting SMCR-related activities as required.
• Deliver guidance and training to Finance and Operations teams, strengthening CASS knowledge across the business and developing effective cover arrangements.

Profile

Essential Experience & Knowledge

• Previous experience in a CASS-focused role within an FCA-regulated firm that holds client money.
• Strong technical knowledge of CASS 7, including client money segregation, internal and external reconciliations, client money calculations, and the management of shortfalls and excesses.
• Good understanding of CASS 7A (Client Money Distribution Rules) and CASS 10 (Resolution Pack requirements), with the ability to apply these principles in a practical business environment.
• Familiarity with CMAR reporting, FCA breach notification processes, and the regulatory obligations applicable to CASS firms.

Desirable Experience

• Experience overseeing client money reconciliations, investigating exceptions, and resolving reconciliation breaks.
• Previous involvement in regulatory engagement and correspondence with the FCA.
• Exposure to supporting internal and external CASS audits.
• Ability to provide guidance and training to stakeholders on CASS-related matters.

Job Offer

• Temporary Part-time Cass Manager assignment based in London.
• Daily rate of £450 to £500, dependent on the level of experience.

People are at the heart of Michael Page. We are committed to creating an inclusive environment. As an inclusive recruiter we welcome applications from people of all backgrounds, identities and experiences. If you require any adjustments or accommodations during the recruitment process, we'll work with you to ensure you can perform at your best.