CASS Manager (Audit, Controls and Advisory)
Who we are looking for
We are currently looking for a Manager to join the Banking & Capital Markets Client Assets team. With over 500 CASS assurance engagements annually, PwC is one of the leading providers of reports on client money and assets (CASS) to the Financial Conduct Authority as well as providing consultancy services and advice to clients across the financial services sector; including global investment banks, asset managers, brokers, smaller to mid-sized firms and regulatory bodies. Our specialist teams predominantly works across London and Scotland, supporting the PwC national practice to provide insight, training and thought leadership; promoting consistency and quality in everything we do.
This role involves working with CASS engagement teams, clients, industry bodies and the FCA to provide advice and support in relation to compliance with the client assets regime.
We have significant growth plans and are looking for ambitious and dedicated professionals to help us deliver on these plans. In line with our growth strategy as well as our long term plans in investing in the Financial Services sector, we are seeking to supplement the existing team with new talent at Manager level.
With the help of this new talent, our aim is to continue to build a team that is known in the market as best in class for regulatory insight, understanding and delivery, interacting with the major players in the UK financial services industry and playing a key role in PwC’s offering to its clients.
About the role
In the fast evolving world of financial services regulation, organisations need clarity and consistency in understanding how to apply regulatory requirements to diverse and developing businesses, and advice on how to manage regulatory change. We work with our clients to provide high quality assurance and advisory services to the financial sector. In our assurance engagements we evaluate the governance structures, controls and processes which enable firms to maintain compliance with those requirements, highlighting potential areas for improvement. We help clients to anticipate and understand regulatory and policy change and make the necessary changes and adjustments to their business to manage this change. Where it is too late to prevent failure, we work with our clients to investigate the source of the problem, deal with the impacts and help to establish controls to support compliance going forward.
As a Manager you will be:
Assisting in the delivery of CASS client engagements, including managing work streams on projects - working as part of a project team at client sites and having day-to-day liaison with clients. Taking responsibility for conducting reviews and preparing reports; making oral presentations of findings/recommendations to client management team(s).
Leading technical input by becoming the 'subject matter expert' to a number of projects relating to CASS compliance and adapting to regulatory change.
Identifying and documenting key systems and controls for demonstrating compliance with applicable FCA CASS regulations. Such work will also include controls based focus including the design and operating effectiveness of those controls.
Networking with clients, prospective clients and internally across PwC.
The following skills are required for this role:
Experience in providing audit and/or consulting advice to established companies and/or new entrants.
Experience in delivering high quality technical analysis and the ability to evaluate technical issues, analyse facts, consult and deliver solutions to clients.
An understanding of the industry and regulatory environment in the UK.
Ideally we would like technical proficiency in the FCA principles and rules, including CASS, however, we are happy to invest in the development of the right candidate.
An understanding of businesses, structures, governance frameworks and process & control infrastructures of firms in the financial services sector.
The ability to make new contacts, listen to their needs and interpret this to provide new opportunities to assist them.
Understanding of regulatory developments and key current issues facing clients.
Experience in working with teams and the ability to work independently.