CASS SME Oversight
Apex Group Ltd (UK Branch), Chelmsford, MA, United States
Summary of the position
The CASS SME Oversight Transfer Agency will be expected to:
Be a CASS SME, the go‑to person both internally and externally
Oversee end‑to‑end workflows to ensure compliance with the client money rules across the business
Own and ensure the CASS framework is kept up to date on an ongoing basis
Mapping and maintaining the CASS Matrix against the CASS rules
Lead and oversee CASS workshops, client visits and due diligences
Oversee that aged debtors are chased where applicable
Ensure all CASS requirements are met/supplied in a timely fashion
Ensure daily internal and external client money reconciliations are completed accurately and timely, meeting all relevant CASS rule requirements
Ensure shortfall/surplus movements on settlements are covered/removed in a timely manner
Own and assist the CMAR returns ensuring completion for onward submission in a timely and accurate manner
Oversee the end of day funding process ensuring all shortfalls are covered and deposited to enable daily creation payments made to depositary within required timelines
Oversee that all relevant CASS procedures are regularly updated where applicable
Oversee all relevant client money reconciliation breaks/discrepancies are investigated and resolved accurately and timely within 24hrs
Ensure any regulatory CASS breaches are raised within the required timeframe ensuring that any resultant mitigation is suitably applied
Support the sign‑off daily CASS reconciliation packs
Ensure/maintain relationships with relevant parties with Transfer Agency sub‑delegate
Ensure agreed SLA and contractual deliverables are achieved whilst monitoring KPIs to ensure timely and appropriate resolution of any trends/performance issues
Support new business, client and regulatory operational issues
Understand industry changes and impact that will have on our TA business
Identify and propose enhancements where processes can be streamlined to maximise efficiency
Maintain issue logs, monitor trend analysis and attendance of internal and external review meetings
Coordinate issue management when issues impact the delivery of TA services
Assist with other ad hoc duties/projects as required to ensure CASS considered throughout the scope to delivery
Skills
Be able to work as part of a team and show commitment in ensuring all deadlines are met
Have suitable qualifications relevant to the duties and responsibilities listed above
Excellent communication skills, both written and verbal
Highly organised, efficient, and professional with a sense of urgency and good time management
Ability to work well both under supervision and independently
Detail and quality conscious – accountable, responsible, and adaptable
Very good awareness of FCA
IOC competency preferred or willingness to work towards qualification
Education and Experience
Have suitable qualifications relevant to the duties and responsibilities held
Minimum of 5 years CASS experience highly desirable
Reporting Structure
The CASS SME Oversight – Transfer Agency will report to the Head of Transfer Agency
Remuneration
Remuneration will be market related and commensurate with experience and seniority. The successful candidate will receive a competitive benefits package
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The CASS SME Oversight Transfer Agency will be expected to:
Be a CASS SME, the go‑to person both internally and externally
Oversee end‑to‑end workflows to ensure compliance with the client money rules across the business
Own and ensure the CASS framework is kept up to date on an ongoing basis
Mapping and maintaining the CASS Matrix against the CASS rules
Lead and oversee CASS workshops, client visits and due diligences
Oversee that aged debtors are chased where applicable
Ensure all CASS requirements are met/supplied in a timely fashion
Ensure daily internal and external client money reconciliations are completed accurately and timely, meeting all relevant CASS rule requirements
Ensure shortfall/surplus movements on settlements are covered/removed in a timely manner
Own and assist the CMAR returns ensuring completion for onward submission in a timely and accurate manner
Oversee the end of day funding process ensuring all shortfalls are covered and deposited to enable daily creation payments made to depositary within required timelines
Oversee that all relevant CASS procedures are regularly updated where applicable
Oversee all relevant client money reconciliation breaks/discrepancies are investigated and resolved accurately and timely within 24hrs
Ensure any regulatory CASS breaches are raised within the required timeframe ensuring that any resultant mitigation is suitably applied
Support the sign‑off daily CASS reconciliation packs
Ensure/maintain relationships with relevant parties with Transfer Agency sub‑delegate
Ensure agreed SLA and contractual deliverables are achieved whilst monitoring KPIs to ensure timely and appropriate resolution of any trends/performance issues
Support new business, client and regulatory operational issues
Understand industry changes and impact that will have on our TA business
Identify and propose enhancements where processes can be streamlined to maximise efficiency
Maintain issue logs, monitor trend analysis and attendance of internal and external review meetings
Coordinate issue management when issues impact the delivery of TA services
Assist with other ad hoc duties/projects as required to ensure CASS considered throughout the scope to delivery
Skills
Be able to work as part of a team and show commitment in ensuring all deadlines are met
Have suitable qualifications relevant to the duties and responsibilities listed above
Excellent communication skills, both written and verbal
Highly organised, efficient, and professional with a sense of urgency and good time management
Ability to work well both under supervision and independently
Detail and quality conscious – accountable, responsible, and adaptable
Very good awareness of FCA
IOC competency preferred or willingness to work towards qualification
Education and Experience
Have suitable qualifications relevant to the duties and responsibilities held
Minimum of 5 years CASS experience highly desirable
Reporting Structure
The CASS SME Oversight – Transfer Agency will report to the Head of Transfer Agency
Remuneration
Remuneration will be market related and commensurate with experience and seniority. The successful candidate will receive a competitive benefits package
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