Cass Specialist

**Introduction**

This role will be required to work from office; 2 days a week - 1 day from London and 1 day from Bath.

**About Servaada, a Wipro company**:
**Servaada is a separate legal entity, authorised by the FCA and has been set up by Wipro to provide regulated outsourcing services within the Financial Services industry.

Our client is a financial technology investment service company where Servaada will be providing business and technology process outsourcing services and providing end to end front and back-office operations support.

**Your Benefits**:
As a CASS Specialist, you will receive a competitive salary, a generous benefits package and training & development in areas to help you improve.

**Responsibilities**:
- Support the design and implementation of a first line CASS oversight function within operations
- Support operations in delivering strategic goals for process improvement relating to CASS, including - scalability, efficiency, operational control/regulatory adherence, client experience, oversight
- Support the business on CASS technical query escalations
- Coach key individuals and lead CASS training sessions (ranging from induction to Board)
- Take a prominent role in the planning and liaison of both internal and external audits
- Preparation and delivery of CASS adherence reports/opinion to the Executive Team and the Board
- Liaise with and advise the relevant teams on their regulatory CASS activities such as reconciliations, cash management, deposit allocations
- Undertake trend analysis on breaches and near misses, providing guidance and suggesting process revision where appropriate
- Achieve and actively maintain skills and knowledge to adhere to the training and competence standards, undertake overseer activities as nominated
- Work closely with the 2nd line risk and compliance function in management changes to the CASS regulatory environment
- Complete weekly, monthly and annual review of CASS breach log and risk profiling, including reviews of CASS risk appetite and RAG ratings
- Provide CASS SME support as required to change programme and propositional change
- Produce and maintain CASS policies / frameworks as required.
- Conduct periodic rule mapping exercise to ensure our position remains relevant and up to date
- Ownership and maintenance of CASS Control Matrix, including monthly attestations and sample testing
- Feed into CMAR submission and any escalations arising
- Awareness of annual Unbreakable Term Deposit (UTD) liquidity levels and perform monthly monitoring
- Complete sign off for Minimum Trade Cycle (MTC) funding requirements 2 x daily
- Lead a small team of staff
- Undertake initial due diligence on new banking or custodial partners and complete ongoing annual due diligence reviews as required
- You will, from time to time, be required to undertake other activities that fall within your capabilities as directed by management

**Essential Skills**:

- Strong CASS knowledge, in particular CASS 6,7 and 8
- In depth financial services experience with strength in the understanding of a wrap platform
- Excellent attention to detail
- Strong interpersonal and communication skills
- Ownership and accountability
- Excellent drive with ability to work unsupervised under own initiative
- Ability to work well under pressure and to tight deadlines
- A proactive and innovative approach to problem solving, including persuasion and influencing skills.
- PC literate, in particular MS Office Products

**Desirable Skills**:

- Degree education or equivalent or higher
- Experience in a similar CASS oversight role
- CASS CISI qualification, Investment Management Certificate (IMC), Operations Certificate (IOC) or equivalent industry recognised qualification

**Equal Opportunities**:
Servaada is an advocate for positive change and conscious inclusion. As a global employer, we strive to create a diverse Wipro family by remaining committed to the development of our culture, diversity, equality, and inclusion in the workplace. All applicants welcome.