Director of Client Assets (CASS) (Operations) recruitment
A globally leading top tier investment bank in London is currently looking for a high calibre Director to join their Regulatory Reporting Group. The group aims to ensure Operations regulatory commitments are adhered to and the quality and completeness of the regulatory submissions are accurate through providing an independent quality assurance process and reporting framework.
Compliance with the Client Assets regulations is strategically important, with the current FSA's focus on CASS regulations this is an area which will continue to grow to ensure regulatory compliance alongside the increasing focus from other global regulators.
The role has massive exposure and buy in from some of the most senior people within the bank, thus giving the chosen candidate a more than impressive opportunity to become an important benefactor within a hugely important team.
Role:
The main function of this role is to work closely alongside the Cf10a, to provide, implement and ensure on-going compliance across the Client Assets processes, with specific focus on compliance with the FSA CASS rules. Ensuring appropriate accountability frameworks are implemented as well as governance and where appropriate escalation and remediation of issues.
Responsibilities:
Interpret FSA CASS rules.
Facilitate the implementation of the group FSA CASS governance structure.
Compiling and managing the quarterly oversight and attestation scorecards.
Delivering CASS Business unit steering committees.
Chairing the Business unit coordination committees.
Provide updates and timely escalation to the relevant governing bodies.
Understanding and documenting issues identified through reviews and BAU process.
Syndicate and agree the impact of issues and escalate as appropriate.
Managing the performance of regular quality assurance on the CASS processes.
Development and delivery of management metrics.
Input and influencing future regulation changes.
Persons Requirements:
The successful candidate will be working at Director level and have proven operational experience of FSA CASS rules and the operational implementation of these.
Solid understanding of Client Asset and Operations/Compliance.
Solid experience within Client Money from an Operational perspective but candidates from a Compliance background will also be considered.
Candidates from senior Operational Risk backgrounds with good CASS knowledge will be considered.
Proven experience in senior management governance as well as regulatory experience and industry knowledge.
Proven control focus, business understanding and analysis capability and regulatory knowledge.
Ability to communicate both written and verbally effectively.
Well organised and structured approach including ability to deliver to deadlines.
Attention to detail and analytical approach.