To support the team to deliver the audit cycle for the members and partners for whom we hold client money and to manage the progress and review of high-risk members. Responsible for the delivery of the CASS Consultancy program for non-client money members and the due diligence process for new and upgrading members.
Supporting in the production of accurate monthly client reconciliations, supporting data for solvency calculations and monthly reporting for the Key Performance Indicators (KPI) packs.
The role is partially office based and partially on the road visiting members - although currently temporarily home based due to current circumstances.
Audit members’ compliance, with FCA CASS 5 client money rules and internal requirements relating to those client money rules.
Ensure the back office systems for all members contain valid and accurate transactions, such as insurer creditors, client debtors and bank account balances and that these are maintained accurately and in accordance with any procedures/ membership agreements
Breach Monitoring and communication of corrective action plan to members; whilst providing training and support to colleagues
To produce monthly and accurate client money reconciliations, KPI reporting and support towards FCA solvency calculations.
Deliver the CASS Consultancy programme, ensuring it is compliant and accurate.
Deliver the due diligence process for new members and upgrades and complete accurate and high quality written reports.
Maintaining accurate monthly records and reporting of member data
Completion of solvency calculations to set deadlines
Number of completed annual visits in accordance with CMHP and membership agreements
Member risk profile
Trend analysis of audit scores
Number of CASS Consultancies Completed
Number of Due Diligence visits Completed
Key Competencies and Skills Required
Experience of using Microsoft Office, specifically must have excellent Excel skills.