Compliance Monitoring & CASS Oversight Officer

  • IronFX
  • London, UK
  • 13/05/2022
Full time Forex Fintech Compliance Legal

Job Description

Objectives:

  • Overseeing the operational effectiveness of the firm's CASS systems and controls to comply with FCA rules;
  • Ensure the firms’ CASS Resolution Pack remain complete and fit for purpose;
  • Maintenance of all policy and procedure documents including, but not limited to, the client bank account acknowledgement letters, CASS resolution pack, daily client money procedures;
  • Ensure the Client Money and Asset Return (CMAR) are accurate and comply with any new rules or guidance - also provide leadership to efforts to further automate the CMAR processes;
  • Ensure all procedures for CASS are fully documented and reviewed on a frequent basis;
  • Lead the co-ordination of the annual CASS audit and ensure all internal parties are prepared for the expanded scope of this audit from next year;
  • Act as a point of contact for the FCA
  • Evaluate the efficiency of controls and improve them continuously;
  • Draft, modify and implement company compliance policies;
  • Review new regulations as applicable, and advise how these affect the company’s operations;
  • Oversee and monitor the effectiveness of the company’s compliance monitoring program;
  • Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance monitoring;
  • Prepare and submit reports for Senior Management (Annual CASS Report) and for external regulatory bodies as appropriate;

Person Specification:

  • Bachelor’s degree in Finance/ Law or related field;
  • Experience in FCA controlled functions CF10, CF10A or CF11 an advantage;
  • Previous experience in compliance within a financial firm/ FX (at least 1-2 years of experience);
  • Detailed knowledge and understanding of the CASS rulebook;
  • Strong drafting, presentation, and communications skills with excellent attention to detail;
  • Well-versed in how businesses operate with financial acumen;
  • High degree of professional ethics and integrity;
  • Problem solving and analytical skills;

Remuneration: An attractive salary and benefits package will be offered to the successful candidate.

Employment Conditions: Full Time