Reconciliations Administrator (CASS)

Pursuit Recruitment Ltd; Cheltenham; On-site; GBP 36,000 - 44,000; Full time

Benefits offered by this job

Holiday 27 days

Pension 10% company contributed

Life assurance 4x salary

Income protection

Private medical insurance

Dental insurance

Gym

Season ticket loan

Salary sacrifice schemes

Flexible benefits

Development

Job summary

Pursuit Resources Group, on behalf of a well-established wealth management business, is recruiting a Reconciliations Administrator (CASS) to join its CASS team in Chelmsford. The role is permanent, full-time, and offers up to £40,000 plus excellent benefits.

You will produce accurate client money bank reconciliations, complete internal bank reconciliations and related reporting, investigate breaks, help maintain procedures and support the annual CASS audit in a busy control environment.

Qualifications

• Experience of bank reconciliations in a regulated financial services firm.
• Knowledge of CASS rules, especially CASS 7 (client money).
• Proven ability to investigate and resolve reconciliation breaks.
• Strong Excel, Word and PowerPoint skills.
• GCSEs including Maths and English; financial services qualifications are a bonus.

Responsibilities

• Produce accurate, on-time external client money bank reconciliations in line with FCA CASS requirements.
• Completing the firm's own bank reconciliations and the reporting that goes with them.
• Investigating, recording and escalating breaks and outstanding items, and working with teams across the business until they're cleared.
• Producing the daily sweep and prudent segregation calculations.
• Keeping reconciliation procedures, templates and process notes up to date and improving them.
• Training and mentoring colleagues and cross-training them so holidays and absences are covered.
• Managing bank statement downloads, filing and reconciliation records.
• Processing stopped cheques.
• Supporting the annual CASS audit and answering information requests.

Skills

Bank reconciliations

CASS rules

Regulated FS experience

Excel

Attention to detail

Education

GCSEs including Maths and English

Tools

Excel

Word

PowerPoint

Job description

Reconciliations Administrator (CASS)

Location: Chelmsford, Essex
Salary: Upto £40,000 + excellent benefits
Contract: Permanent, full-time

About the opportunity:

Pursuit is working with a well-established wealth management firm to recruit a Senior Bank Reconciliations Administrator for its CASS team.

This role suits an experienced reconciliations professional who knows the FCA's Client Assets (CASS) rules well. You'll make sure client money reconciliations are accurate and done on time, act as the team's expert, and help colleagues across Operations. You'll join a busy, collaborative team where accuracy and control really matter.

What you'll be doing:

• Producing accurate, on-time external client money bank reconciliations in line with FCA CASS requirements
• Completing the firm's own bank reconciliations and the reporting that goes with them
• Investigating, recording and escalating breaks and outstanding items, and working with teams across the business until they're cleared
• Producing the daily sweep and prudent segregation calculations
• Keeping reconciliation procedures, templates and process notes up to date and improving them
• Training and mentoring colleagues and cross-training them so holidays and absences are covered
• Managing bank statement downloads, filing and reconciliation records
• Processing stopped cheques
• Supporting the annual CASS audit and answering information requests

What we’re looking for:

• Experience of bank reconciliations in a regulated financial services firm, using a reconciliation system or tool
• A good working knowledge of the CASS rules, particularly CASS 7 (client money)
• A track record of finding, investigating and resolving reconciliation breaks
• Confidence dealing with people at every level of the business, and the ability to push for improvements
• Excellent organisation, accuracy and attention to detail, and the ability to juggle competing deadlines
• Good skills in Excel, Word and PowerPoint
• GCSEs (or equivalent) including Maths and English. Further financial services qualifications would be a bonus.

What’s on offer:

• Holiday: 27 days a year
• Pension: the company pays in 10% and you don't need to contribute
• Life assurance: 4x your salary
• Income protection: 75% of your salary if you're off long-term through illness
• Private medical insurance: single cover through BUPA paid by the company, with the option to add your partner or family
• Dental insurance: optional cover through BUPA
• Gym: half the monthly membership paid by the company
• Season ticket loan: interest-free
• Salary sacrifice schemes: Cycle to Work, mobile phone, childcare vouchers and Give As You Earn, available after probation
• Flexible benefits: buy extra holiday, extra life cover or critical illness cover
• Development: ongoing training in a highly regarded CASS and Operations function