Operations Analyst; Reconciliations

Requirements

• You have proven understanding of either, or both, custody asset and client money reconciliations and the CASS regulations covering these
• You have a good understanding of investment platform operations in a retail client proposition, including basic knowledge of trade lifecycle, corporate actions & client money payment standards
• You have the ability to work well under pressure, in an organised manner with the ability to multi-task and switch priorities
• You have strong analytical and problem solving abilities with an eye for identifying opportunities for inefficiencies and automation
• You have excellent communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels and work across diverse operational teams
• You are technically minded. Knowledge of, and desire to learn low/no code tools. Strong Excel skills are essential. Knowledge of Looker and MS Power Platform is desirable
• You have an understanding of relevant regulatory standards and industry best practice

• We’re looking for an Operations analyst to join our Reconciliations team at Seccl, reporting to the Operations delivery lead. The Reconciliations team are responsible for ensuring the accuracy of our stock and cash records for the 230,000+ clients currently on the platform
• Each day, we ensure those records match those held with banks, Fund Managers and CREST, alongside a suite of processes to identify, and quickly resolve, any discrepancies
• As an Operations analyst you will work closely with other analysts, reporting to the Operations delivery lead, to ensure all CASS Reconciliations and processes are carried out in line with FCA requirements, supporting the team in doing so
• You will proactively identify issues, or potential issues, and liaise across Operational teams to both resolves these, and prevent reoccurrence
• Ensuring all daily, weekly and monthly stock & cash reconciliations, and any supplementary processes, are delivered accurately and on time
• Maintaining the daily break management system, ensuring accurate and clear explanations for operational teams to undertake resolution, and producing clear MI of any outstanding items and their age
• Helping identify any systemic issues, and their root causes, and aiding operational teams to resolve these
• Producing the monthly FCA Client Money & Asset Return (CMAR) for submission to CASSCo for approval
• Producing monthly CASS MI on reconciliation completion, and any outstanding reconciliation breaks
• Identifying and proposing solutions for Reconciliation process improvements to deliver a more scalable & robust proposition
• Liaising across Operations, Engineering & Compliance to coordinate issue resolution