Description
Purpose:
The CASS Risk Manager primary role is to act in an advisory/oversight capacity to Business and Operations which are subject to CASS Regulatory requirements.
Responsibilities:
- Provide CASS Risk specific direction and support to Senior Risk Managers, Business Management and Operations Team Leaders.
- Provide direction and support to EMEA Legal Entities and locations outside the UK with CASS or equivalent client asset considerations
- In conjunction with Compliance, provide ongoing advice and direction around the CASS framework adopted by the Business/Operations and the impact of changes to processes.
- Drive the development of and ensure establishment of CASS Risk metrics by Business and Operations and Legal Entities as appropriate.
- Provide daily oversight of the CASS metrics output
- Challenge Business/Operations Management to ensure appropriate remediation action has been taken where issues have been identified
- Provide reporting and escalation of CASS Risk issues including to the CASS Governance Committees and to Senior Governance Committee within the region, as appropriate
- Act as the primary risk management representative in all CASS related matters including projects to ensure that any changes to operating models are fully assessed from a risk perspective
- Represent Risk management at CASS Risk Governance committees
Requirements:
- Detailed understanding of Custody Operations/Banking, Transfer Agency and other Operations
At least 5 years CASS experience
An excellent understanding of CASS regulatory requirements
- A good general knowledge of the financial services industry and its regulations and laws.
- Previous risk management experience including the development of metrics and providing risk management oversight over business processes.
- Proven track record of managing and delivering a risk based projects.
- Experience of dealing with and presenting to senior management.
- Knowledgeable on good governance practices