CASS Manager - 12 Month FTC

Marex

  • London
  • Permanent
  • Full-time
  • 1 month ago
About MarexMarex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.For more information visitRole SummaryThis role requires a capable and technically strong CASS professional with a proven background within regulation and have the ability to provide innovative and pragmatic solutions to regulatory issues covering all business functions across the UK entities.Responsibilities
  • Maintain the CASS Governance Framework, including development of strategy and policy.
  • Assessment of organizational (system, products and services) and regulatory changes and validating the continual adequacy of CASS Governance Framework.
  • Development / delivery of CASS training to the business, including periodic training and targeted SME CASS training.
  • Provision of CASS technical support to clients.
  • Attendance as a senior representative at CASS Governance meetings.
  • Act as a point of senior management CASS contact for external auditors, clients, points of escalation.
  • Challenge contact point for material CASS risks e.g. policy, system, operating model or control changes arising from changes in regulation or business change.
  • CASS leadership of key operational issues e.g. complex incidents, change, client or auditor challenges, deep dive control reviews.
  • Identifying, reporting, managing, and resolving of all CASS incidents including challenge to root cause, remedial and prevention steps.
  • Oversight of key CASS areas: CASS interpretation, risks, issues, change, client onboarding and other key projects.
  • Technical consulting and challenge of auditor or client CASS methodology or interpretation points.
  • Authoring CASS methodology / policy documents or technical papers.
  • Develop and maintain appropriate and effective MI and KPI's that provide governance bodies with the status of CASS compliance.
  • Develop and maintain key CASS documentation e.g. CASS Risk & Controls Matrix, CASS Policy documents.
  • Review CMAR monthly submissions and daily client money reconciliation.
  • Act in accordance with Company policies and procedures and regulatory duties.
Skills and Experience
  • Experience of operating in a compliance, Audit and / or operational oversight role in providing oversight of compliance with the FCA CASS regulations, specifically CASS 7, and an in depth understanding of Client Money and Custody Asset flows
  • A strong technical understanding of FCA CASS rules and the impact on business activity, auditor expectations and key areas of industry best practice
  • Knowledge and experience of different CASS models including direct custody, triparty and sub-custody arrangements
  • Hands on experience of managing CASS related functions including CMAR reporting, CASS records and reconciliation requirements etc.
  • Excellent communication skills with the ability to develop effective working relationships, interact effectively and influence senior management and staff at all levels
  • Excellent analytical / interpretation skills
  • Providing CASS input into FCA authorisation or variation of permission projects
  • Delivering training sessions and workshops for CASS staff and senior management
  • Drafting policies and procedures
  • Build and maintain professional working relationships with clients, trade bodies, the FCA and other Regulators
  • Degree educated
Competencies
  • A collaborative team player, approachable, self-efficient and influences a positive work environment
  • Demonstrates curiosity
  • Resilient in a challenging, fast-paced environment
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Conduct RulesYou must:
  • Act with integrity
  • Act with due skill, care and diligence
  • Be open and cooperative with the FCA, the PRA and other regulators
  • Pay due regard to the interests of customers and treat them fairly
  • Observe proper standard of market conduct
  • Act to deliver good outcomes for retail customers
Company ValuesActing as a role model for the values of the Company:Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client's various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.

Marex