Client Asset (CASS) Oversight Manager - Nutmeg London, England
Job description
Location: London
Contract Type: Permanent
Who we are:
Nutmeg is the UK's largest truly digital wealth manager, offering clarity and transparency to both seasoned and first-time investors as they seek to achieve their financial goals. Launched in September 2012, Nutmeg now manages over £4.5bn on behalf of over 200,000 clients who have sought the powerful combination of an easy-to-use, adaptable investment service and market-leading human advice. Nutmeg is a J.P. Morgan company offering investments and digital wealth management services to consumers, complementing Chase's digital bank in the UK.
At a time when people are seeking the closer relationship with money that technology can provide, Nutmeg:
- Has a team of over 240 employees
- Offers award winning stocks and shares ISA, Junior ISAs and Lifetime ISAs, as well as a personal pensions and general investment accounts
- Provides financial planning and advice alongside our award winning client services team
Job in a nutshell:
A unique opportunity to join an established but expanding team who are responsible for the governance and oversight of a number of J.P. Morgan's legal entities in relation to the FCA's Client Asset (CASS) regulations. The Nutmeg CASS Oversight Manager will be responsible for the oversight of Nutmeg's compliance with the FCA's CASS regulations in the UK. The key responsibilities include:
- Production of the monthly CMAR submissions and performance of the daily client money reconciliation
- Breach management, including reporting on potential breaches and supporting lines of business with remediation
- Coordination of the annual external CASS audit and any other scheduled internal audits/compliance testing
- Management of the CASS Resolution Pack
- Supporting in the review of new business and product initiatives to ensure they align to the FCA's CASS requirements
- Identifying and providing relevant CASS training as required and reviewing existing processes and procedures to ensure they continue to be appropriate
- Building strong and collaborative relationships with key stakeholders in the business and operations
Your skills: Essential skills)
- Deep understanding of UK CASS rules and their application
- Strong communication skills - both verbal and written
- Must be a self-starter, pro-active, organized, with a keen eye on details and have the ability to work without supervision.
- Ability to multi task in a fast paced environment
- Excellent negotiation and influencing skills and ability to drive change
- Client/Customer Focus - Engagement with key senior stakeholders
- Highly motivated, intuitive and possess initiative to identify potential process improvements across all business areas
You might also have: (Desirable skills)
- Experience in a financial services environment
- Experience in manging and fixing system issues
- Experience in negotiating and influencing within a large organisation at senior manager level
- Experience of the application of FCA / PRA / MiFID rules
#ICBCareer
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
