CASS Analyst assisting the CASS Manager to be responsible for all CASS administration duties and daily tasks. for a International Asset Manager in London.

Primary role in supporting the activities of the CASS Manager with particular focus on performing the necessary CASS custody and bank reconciliations and supporting the wider CASS governance framework. The following are examples of the likely work tasks for the role (training can be given if some expereince is missing)

Responsibilities of incumbent in providing a first line oversight admin support will include, but not limited to:

Responsibilities:

• Maintenance of CASS control and oversight frameworks, to include;
• Outsourced providers responsibilities
• Daily oversight of all CASS reconciliations and reports
• CMAR returns
• Production of MI reporting for relevant boards and board or operating committees
• Daily Custody Reconciliation of Banking reports and accounts
• Breach monitoring, recording, oversight and escalation
• Complete Internal System Evaluation Method (ISEM) Check
• Daily oversight of all Client Money bank account balances and reconciliations Daily Oversight of Failed Trades and Shortfall funding
• Monitoring temp funding for Investment Trust Recs
• Treasury report and monitoring daily CM movements from Dealing to CM accounts including prudent segregation and timed transfers
• Weekly Overcheques monitoring
• Weekly CASS Resolution monitoring and amendments
• Monthly Client reports
• Manage communications and project updates in the absence of the CASS Manager
• Actively participate at CASS Forums and Working Groups
• Attend Monthly Service Review and quarterly CASS Co-ordinator onsite reviews
• Monthly CMAR cover

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Regulatory and Compliance Reporting Manager, Manchester or Leeds and 40% homeworking post covid.

Online investment service with a Flat-fee investment platform seeking Investment Firm experience.

Opportunity:

This position will be responsible for the oversight of all prudential reporting in compliance with regulatory requirements. The role will be a supportive function to the Head of CASS & Regulatory Reporting. It will assist with all aspects of regulatory reporting, requiring an understanding of the regulatory environment applicable to a Group containing an investment firm and a credit institution.

Training can be given - The role will also be responsible for supervision of the Treasury Back Office and the daily review of trade reconciliations ensuring compliance with regulatory and associated Treasury limits.

Responsibilities:

• Ownership of Prudential reporting for a Group containing an Investment Firm and Credit Institution, including CO-REP, FIN-REP other EBA returns. Responsibility for the accuracy of the data included and its compliance with the respective regulatory framework.
• Ownership of the ICAAP process for the firm, including Pillar 1 compliance, Pillar 2 assessment, stress testing and Wind Down. This includes responsibility for the management of stakeholders involved in the process to ensure an effective challenge process/audit trail and presentation of the ICAAP at Exco/Board committees.
• Supervision of treasury back office function including line management responsibilities.
• Accountable for monitoring of the daily capital/liquidity adequacy for the firm.
• Responsibility for the internal capital forecasts and Executive/Board reporting.
• Ownership of the periodic Pillar 3 updates for the Group.
• Maintain the first line of defence in relation to Prudential/Regulatory Reporting, maintaining policies set out by the firm, including appropriate escalation and risk event reporting and appropriate audit evidence is maintained.
• Develop & maintain relationships with internal stakeholders (Business, Risk, Legal & Compliance) acting as the SME for prudential matters. Leverage these relationships to improve the quality, efficiency and effectiveness of the team.
• Responsibility for the management of any future SREP engagements in relation to Prudential reporting.
• Contribute to the development, implementation and embedding of the Prudential Risk Framework.
• Make informed risk decisions and effectively and credibly debate and challenge management recommendations in line with the firms Risk Management Framework
• Use the training and competence scheme to maintain the appropriate knowledge, skills and expertise to carry out the role competently.
• Maintain up to date knowledge of the Prudential Regulatory framework.
• Promote change through Root Cause Analysis from Risk events completed.
• Knowledge of the regulatory environment and associated risks that require managing.
• Logging/reviewing and creating actions around Risk Events – Understanding Risk via training and documentation available.

Skills needed:

• Sound working knowledge of CRR/CRDIV including an understanding of the regulatory environment applicable to a Group containing an Investment Firm and Credit Institution.
• Awareness of the Investment Firm Regulation (IFR) / Investment Firm Directive (IFD).
• Proficient in Excel. Works to a high degree of accuracy at all times.
• Advanced numeric ability.
• Advanced financial reporting and analysis.
• Meets full qualification requirements related to FCA handbook ‘Activity 16’ e.g. CISI level 3 Investment Operations Certificate (or equivalent).
• Excellent stakeholder management skills.
• Technically sound with good written and oral communication skills at all levels.
• Strong report writing & presentation skills.
• Advanced decision maker and ability to deliver effecting change.
• Advanced problem solving and ability to perform route cause analysis.
• Understanding of Investment products; characteristics and applications.
• Understand the principles of Treating Customers Fairly.
• Understand the principles of Training and Competence.
• Outstanding interpersonal skills.
• Able to work autonomously.
• Proactive and self-driven networker.
• Commercial and business acumen.
• Good coach and mentor to team.
• Progressive leadership style.
• Resilient and resourceful.
• Ability to develop external long-term relationships.
• Experience of Prudential reporting for a Group containing an Investment Firm and Credit Institution
• Experience of producing an ICAAP assessment including Pillar 2a/2b analysis and Wind Down
• Line management experience
• Awareness of the Investment Firm Regulation (IFR) / Investment Firm Directive (IFD).
• Proficient in Excel and works to a high degree of accuracy at all times.
• Excellent stakeholder management skills and able to present up to Board level

Trainging will be given - prudential reporting as the firm is changing and this could be removed front the position.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Senior Financial Crime Risk Manager (DMLRO). Reporting to the Money Laundering Reporting Office (MLRO). It has responsibility to support the regulatory and legal risk and to provide Financial Crime-related guidance to all London-based business units and to support the MLRO in the maintenance of a effective financial crime framework.

Key responsibilities:

• To assist the MLRO in ensuring the Bank operates in accordance with all legal and regulatory requirements and group standards relating to Anti-Money Laundering and Counter Terrorism Financing, Market Abuse, Anti Bribery, Cyber Crime, Criminal Finances and Fraud.
• To contribute to the development and implementation of the Financial Crime Strategy.
• To maintain and update Financial Crime policies
• To assist the MLRO by contributing to the development of the Financial Crime Compliance culture within the business.
• To maintain the VBL Financial Crime Framework, fulfilling the regulatory requirements provided for in the FCA/PRA Handbooks, JMLSG and other relevant bodies.
• To act as main point of contact on Audit matters – liaising with the Audit team where needed and coordinating management responses and resultant actions to closure.
• To assist the MLRO by providing thought leadership & executive challenge on Financial Crime Prevention within the Bank, thereby ensuring high profile, focus and a robust control environment.
• Managing and directing the resources in the team by:
  
  • Co-ordinating and reviewing Financial Crime risk assessments for the Bank and oversee the business execution of the Financial Crime risk appetite.
  • Maintaining and updating the Financial Crime Risk Framework.
  • Leading and managing Financial Crime Prevention projects and initiatives, developing and implementing clear and measurable plans that ensure the business is provided with appropriate guidance to meet its financial crime obligations
  • Supporting the MLRO, in providing Financial Crime analysis of the impact of regulatory changes/requirements on the Bank’s business; provide informative and timely horizon reports, identify risks and required changes; and assist the business in implement those changes, to enable the business to meet current and future regulatory requirements and mitigate regulatory risks.
  • Maintaining the Bank’s PEPs register on behalf of the MLRO.
  • Overseeing the review of escalated Financial Crime investigations for potential suspicious activity, including those generated from detection scenario processes, negative media reports, as well as other sources
  • Ensuring that the processes for making external reports to the NCA are appropriate and timely
  • Maintain relationship with NSSL and the deposit business Financial Crime monitoring and oversight
  • Overseeing the maintenance of level 3 procedures and management information.
• To record operational risk events which impact Financial Crime Compliance and track resolution.
• The ability to articulate Financial Crime risks clearly, promptly and succinctly, in writing and verbally, in an appropriate manner to a wide range of stakeholders, including in contributing to the Executive and Senior Manager Reports and updates on changes in regulation
• Provide commercially focussed, timely and practical advice on the application and implementation of Financial Crime requirements on all aspects of the business.
• Exceptional ability to influence senior stakeholders and constructively challenge.
• Collaboration with the People Development function to develop an effective Financial Crime training programme, materials that contribute to a culture of financial crime awareness.
• Input into Financial Crime control testing and assurance programme.

Essential:

• Significant experience of Anti-Money Laundering and Counter Terrorism Financing, Market Abuse, Anti Bribery, Cyber Crime, Criminal Finances and Fraud Prevention oversight gained in the financial services industry in the second line.
• Deep expertise and experience in mitigating the harms associated with the threat of Financial Crime at an operating level, ideally within a Bank.
• An excellent understanding of the techniques involved in conducting investigations into suspected Financial Crime and assessing threats.
• Ability to develop efficient and effective solutions to complex Financial Crime Prevention issues
• Exceptional and demonstrable influencing, stakeholder management, presentation and communication skills.
• A good working understanding of the Financial Crime requirements on the Bank, including under the following:
  • FCA Financial Crime Handbook.
  • Joint Money Laundering Steering Group Guidance
  • Fraud Act
  • Bribery Act
  • Criminal Finances Act
  • Terrorism Act
  • Proceeds of Crime Act
  • 4th Money Laundering Regulations
  • 5th Money Laundering Directive
• Banking or Consumer Credit Experience - desirable
• Second line managerial experience.
• Information Security experience.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Compliance and Supply Chain Officer based in Leicester

Seeking an experienced auditor and supply chain officer to support the sourcing and compliance team in Leicester with the on-going development of suppliers and identification of risk within the Leicester supply chain.

The Compliance & Supply chain officer’s main responsibilities will be identify and escalate non compliances and systematic failure to meet the standards outlined in with supplier guidance and compliance programme.

Seeking an experienced supply chain audit officer with a strong background in supply chain management and responsible sourcing. The role will be balanced as well as rewarding, and will focus on multiple different aspects of supplier performance including, Technical and Quality management systems, capacity building while maintaining focus on critical areas relating to: HSE, Fire safety, Worker Welfare, Modern Day Slavery, HRM and Transparency.

Key Responsibilities:

• Manage your own audit and monitoring schedule and assess / monitor and spot check Leicester suppliers, factories and manufacturing facilities.

• Conduct regular timely internal audits in accordance with the internal audit programme.

• Conduct Pre audit training and awareness regarding best practice – Candidate is expected to conduct introduction training covering fundamental topics such as Best Practice guidance , UK Labour Law, HR requirements and expectations around working hours, wage payment, transparency, contracts, Right To Work checks and other convention.

• Coordinate with key stakeholders regarding new source approvals and supplier on-boarding and supply chain mapping, tracking and maintenance.

• Conduct internal pre audit assessments i.e due-diligence assessment based on critical check list criteria outlined by Leicester compliance manager.

• Conduct regular spot checks / task force visits and unannounced visits with the intention of highlighting failure to adhere to standards outlined in the COC and compliance programme.

• Development and Installation of compliance tools such as management systems, risk assessments and other safe systems of work.

• Support the Leicester compliance manager in successful implementation of boohoo Ethical trade & social audit programme

• For suppliers with high / critical risk issues, Perform root cause analysis in order to perform pragmatic and engaging consultancy within the supply chain.

• Conduct awareness training around all aspects of best practice within HSE, Fire safety, QMS, HRM and welfare.

• Conduct regular CAP review meetings with suppliers factories and ensure that all the CAP’s are closed as per the timelines mentioned in the audit report.

• Conduct continuous improvement and capacity building exercises in order to support facilities in successful remediation and progression.

• Conduct basic technical assessments and monitor supplier / factory capacity.

• Support the Leicester compliance manager in measuring supplier performance by completing score cards, rating and measuring risk.

Qualifications and experience required and desirable:

• Candidate must have a strong background in Apparel, Fashion and textiles industry, working for either an established supply chain business, importer, brand / retailer or consultancy / audit body.

• Candidate must have a strong Experience and qualified in conducting Social / Ethical, Environment & Technical audits such as SA 8000, Fast Forward, SMETA, BSCI, ISO 9001, ISO14001, ISO18001, by a certified body.

• Candidate must have strong negotiating skills and strong social engagement / collaborative skills.

• English speaking and also preferred if knowledge of Punjabi, Urdu, Bengali, Gujarati.

• Flexible working ethic and able to travel with own transport.

• Candidate must be familiar with Leicester clothing manufacturing culture and geography.

• Experience of working with a brand, retailer or extensive supply chain management

• Must be well organised and show examples of leadership skills, maybe examples of previous class room training programmes, awareness training and large scale project management

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Pensions Compliance Integration Manager is part of the team that are designing the new framework. This role will report into the Director of Service Design and the Director of Compliance.

Deliverables:

• Have accountability for the definition, translation and embedding of regulatory risk appetite and culture to the programme so that it can be applied to the design of processes and compliance management controls, including financial crime, information security and data protection with reference to subject matter experts within the business
• Ensure that design decisions have understood and applied the regulatory requirements and apply the decision making and escalation protocols that provides approval of decisions within the parameters of risk appetite and contractual provisions
• In conjunction with the provider, design and create a framework for oversight of the compliant delivery of the outsourced services by the provider that is within regulatory and compliance risk appetite
• Provide requirements to the Risk Integration Manager to enable the testing of key controls
• Communicate the approach to the management of regulatory risk to the operational teams which will be overseeing the delivery of services with the provider during and post integration
• Maintain a detailed knowledge of the applicable regulatory requirements and compliance framework in order to lead and conclude design and option discussions concerning the development of the provider’s approach to compliance procedures and controls
• Identify and contribute to the workstream’s delivery risks
• Work closly with other second line functions in order to facilitiate the setting of appropriate compliance assurance plans.
• Design and create a framework for oversight of the compliant delivery of the outsourced services by the provider that is within the risk appetite
• Design an approach to the oversight of the design and delivery of regulatory requirements that ensures all regulatory requirements are considered and covered.
• Ensure that design decisions have understood and applied the regulatory requirements and apply the decision making and escalation protocols that provides approval of decisions within the parameters of risk appetite and contractual provisions
• Execute the approach throughout the implementation phase so that the provider’s approach to the design of processes and controls is aligned to the firms requirements
• Provide regular summary papers to programme board on progress
• Design an escalation process for the resolution of annomollies and disputes regarding regulatory interpretation or application to be made within the programme, within the programme’s existing decision making processes; provide papers for governance and decision making for escalated topics
• Training for operational teams on the interpretation and application of the oversight framework during and post integration
• Input into the control validations of key processes carried out by the Risk Integration Manager and approve the provider’s documentation of control validation processes
• Provision of regulatory interpretation to the programme including, but not limited to the interpretation and resolution of pensions legislation including application of guidance, intrepretation of provisions and implementation of reporting and notification requirements.
• The role will spend time with the 2^nd line compliance assurance team to ensure consistency of style and approach and keep 2^nd compliance assurance team informed
• The role will involve working and collaborating with colleagues and third parties at a senior level
• The role will also interact with supplier compliance teams and wider programme
• The role requires that the individual be comfortable with working on their own and delivering work within specific deadlines.

Experience and technical skills:

• Experience of desiging framework for oversight of outsourced activities from a compliance perspective
• Significant track record of delivering pragmatic business focused advice in a large scale pension environment
• Technical expertise in relation to trust based defined contribution occupational pension schemes
• Significant experience of the legislative provisions of the automatic enrolment regime and their practical application
• Excellent knowledge and understanding of HMRC and TPR requirements, regulatory codes of practice and guidance
• Experience of delivering programmes and projects linked to process improvment
• Engage and influence at an executive and senior management level, manage stakeholders including negotiating and collaboration
• Ability to communicate concepts clearly and apply decisions into workable processes.

Qualifications:

• The following professional qualifications, or progress towards them, would be desirable:
• APMI, ACII or FIA
• Other pensions-related qualifications such as the PMI’s automatic enrolment or DC Governance qualifications would be useful
• Experience working in, or advising on, master trust pension schemes may would be useful.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Director Compliance Strategy at a international and growing Payments Firm. The Compliance function is expanding with the ever-changing international regulatory. The Compliance Strategy and Advisory department is focused on enabling the Group to navigate the international markets. A key element of this is how we manage the risk of our consumer relationships through effective policies, advisory, and technology elements. Hence the creation of the Compliance Strategy team which manages the strategy behind our key due diligence and screening processes.

The Director Compliance Strategy is responsible for ensuring that holistic controls and policy framework is up to the task of effectively managing our AML, CTF, and AB&C risks deriving from our consumer relationships. This includes managing the whole flow of Simplified, Full, and Enhanced Due Diligence as well as guaranteeing an airtight approach to Sanctions. The Director coordinates with the Operational teams to ensure all policies and guidance are implemented. He/She will also work very closely with our Product and Technology teams to ensure our controls framework is reflected in our technology. Finally, this role will also be responsible for identifying, assessing, and integrating external vendors who can facilitate and enhance our controls framework while also improving the customer experience and enabling the business to flow smoothly.

The Director will be required to:

• Manage a team in two locations and ensure they are effectively trained to support this area with analyses, project management, escalations management, policy reviews
• Define and update Group policies related to Compliance
• Work closely with our Consumer business teams and with our Operations teams to support with advice and respond to more complex queries
• Review the holistic framework in place today and challenge the status quo with innovative ideas
• Create and implement projects to implement fixes for major gaps and efficiency improvements working with PMO, Product, Risk, and the Business
• Coordinate key Compliance initiatives and drive innovation in the Compliance organization
• Define, gather and formalize Compliance requirements for system enhancements
• Identify innovative external vendor solutions and manage projects to integrate such solutions

The ideal candidate will have the following experience:

• At least 5 years’ experience in a senior role within Compliance in a Banking or consumer-focused financial services business
• An agile mindset, able to work in a very dynamic company and sector
• Willing to challenge senior staff and his/her manager to improve the status quo
• Conscious of UK and EU regulatory requirements and well-versed in the application thereof
• Highly-skilled communicator, able to present complex solutions and persuade senior management to implement
• Analytical mind, can create analysis to support ideas an assess the impact on revenues, fraud, etc.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

CASS Oversight Analyst based in Leeds or Manchester, 2 days working home ongoing (Currently 100% working from home) The position supports the CASS Oversight Manager and the Head of CASS & Regulatory Reporting to oversee the operational effectiveness of the system and controls designed to achieve compliance with CASS to ensure the organisation meets its client and regulatory obligations to protect client assets.

KEY RESPONSIBILITIES:

• Co-ordinate the CASS Office
• Support to ensure appropriate systems and controls are in place to enable the firm to comply with the FCA CASS rules and regulations
• Identify, escalate and recommend realistic and compliant solutions to key stakeholders using informed root cause analysis
• Promote good CASS compliance and awareness across the firm
• Ensure relevant CASS policies and procedures are designed and operating effectively
• Oversee the operational effectiveness of the firm's CASS systems and controls that are designed to achieve compliance with CASS
• Review, analyse and process map operational CASS processes and actual customer journeys to identify key risk areas and ensure the compliant handling of customer assets
• Facilitate the Monthly Client Money and Asset Return (CMAR) review and challenge prior to submission to FCA.
• Support in the management and accuracy of the CASS Resolution Pack, including a Monthly report to the CASS Committee
• Develop and implement a comprehensive, appropriate and holistic first line of defence CASS Monitoring program.
• Ensure training to all staff is carried out in line with the CASS T+C framework and provide SME input on content and relevance
• Develop and maintain strong working relationships with all key internal stakeholders and external third parties, including external audit providers and the FCA
• Review, monitor and challenge all relevant CASS MI, including exceptions, risk events and breaches
• Provide support on projects/business changes that have an impact on the firms CASS obligations
• Make informed risk decisions and effectively and credibly debate and challenge management recommendations within your role in line with the approved Risk Appetite Framework
• Maintain up to date knowledge around the interpretation and development of CASS rules
• Two years of CASS or related experience

KNOWLEDGE, SKILLS, EXPERIENCE REQUIRED:

• Completion of CISI CASS Level 3 qualification - Or happy to study
• Understand the CASS environment within Stockbroking/ Wealth management or Banking sectors
• Advanced Understanding of Operations and business unit Management
• Understand the Risk and Control environment
• Interpersonal and communication skills with the ability to influence up to and including Executive/Board level
• Advanced analytical skills; ability to extract, analyse, manipulate, interpret, and summarise complex data and information
• Advanced PC Skills, Excel, Word, PowerPoint

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.