Assistant Manager, Client Assets & Safeguarding, Audit & Assurance
Deloitte, Scotland-wide
Assistant Manager, Client Assets & Safeguarding, Audit & Assurance
Salary Not Specified
Deloitte, Scotland-wide
- Full time
- Permanent
- Remote working
Posted 4 days ago, 25 Apr | Get your application in now to be included in the first week's applications.
Closing date: Closing date not specified
job Ref: 4b7e78f7f9cd484f9c412cb9d042ceed
Full Job Description
Our Client Assets & Safeguarding (CAS) team has an excellent external reputation for provision of high quality regulatory audit and other assurance services to major firms. Our team covers banking and capital markets, investment and asset management, insurance brokers, payment services and e-money firms. In our team you would have the opportunity to develop deep specialism in your chosen field, working with a client base that includes global leaders in their field. You would also have the opportunity, if wanted, to broaden experience across industry lines within client assets and safeguarding, or more broadly across our Assurance Group, where opportunities include Conduct of Business, ESG, Prudential regulation and legislation. Typical services we offer within the CAS team are:
- Working alongside financial statement audit teams to perform CASS and Safeguarding audits;
- Providing practical, yet technical, SME input on the more judgemental Client Assets, Payment Services and E-money rules;
- Reviewing control environments, risk frameworks, operating models, governance structures, CASS / Safeguarding footprints, and providing recommendations to senior stakeholders on gaps and enhancements; and
- Performing S166 and shadow S166 reviews of Client Assets and Safeguarding., As an Assistant Manager within the Client Assets and Safeguarding team you will have a range of responsibilities such as:
- Day to day management of client engagements, including regulatory audits. This includes participation in walk-through sessions and client meetings; leading project management functions; review of work performed by junior team members; completion of more complex aspects of work; provision of technical input on the CASS / Safeguarding rules; and managing the involvement of the senior project team;
- Owning and maintaining relationships with our client base;
- Providing technical support and challenge to firms on all areas impacting client assets protection such as Governance, Client on-boarding, Legal, Trading, Settlements, Asset Servicing, Reconciliations, Risk, Treasury and Finance, Compliance and Internal Audit;.
- Supporting and contributing to the development of junior members of the team;
- Driving continuous improvement through innovation and transformation, embracing change and challenging the way we do things to develop our CAS offerings;
- Developing and maintaining relationships across service lines and geographies to deliver market and client focused solutions;
- Being responsive to and anticipating clients' needs, providing strategic and relevant insight;
- Being part of a wider community helping to grow our practice and develop our strategy; and
- Managing diverse teams within an inclusive team culture where people are recognised for their contribution.
- We are focused on ensuring that your client portfolio meets your experience, personality and career aspirations and this in turn enables you to deliver the highest possible standard of work and the flexibility in creating a career path that matches your expectations.
Knowledge of your chosen sector (e.g., banking, capital markets, investment management, insurance, and / or payments/e-money) and how the Client Asset / Safeguarding rules apply to those firms. - Experience of working with and practical knowledge of the CASS and / or Safeguarding rules, common breaches and other expected elements of a firm's control environment, such as governance and oversight and risk and controls frameworks.
- An ability and desire to work under your own initiative and in many different and challenging environments.
- A willingness to learn and to develop others.
- Good organisational and project management skills.
- Enjoy working to deadlines.
- A professional approach.
- A client centric and flexible, service orientated approach.
- An ability to work with a diverse group of people and be part of ensuring an inclusive team culture, where people are recognised for their contribution. The following is desirable but not required:
- Experience of conducting audit engagements or other control reviews.
- A deep understanding of how risk management practically works in relation to protection of client assets.
- Experience in leading controls walkthroughs with control owners.
- Practical knowledge of the FRC's Assurance Standard for providing assurance on client assets to the FCA.
- Controls reporting frameworks such as ISAE3000 / ISAE3402 / AAF reports.
- Business writing skills, including the ability to write reports which clearly and professionally convey sometimes detailed and complex matters in a clear and concise way.
- We will consider exceptional candidates who have only limited or no previous experience of CASS and/or safeguarding regulations but wish to gain exposure in this field.
Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more. What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most., We know it's not just about the numbers. Often, we let the technology take care of those. It's about the creative and collective thinking or our people. That's where the true insight is found. We're redefining the future of audit. Come join us. Assurance Businesses need to be resilient and transparent in their reporting to build trust and confidence. Assurance practitioners play a key role in achieving this through independent review and challenge of management's views on a range of regulatory and reporting requirements, whether financial, operational or compliance in nature. Personal independence Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request. Connect with your colleagues "I assumed the culture would be very corporate, however, I have worked with people who have different personalities and approaches to the way they work. We do have a clear brand, but everyone is encouraged to be themselves." -Alice, Audit and Assurance "The team I support works with one of Deloitte's biggest clients. To be involved with such an influential client so early in my career is really rewarding; I love it." -Owen, Audit and Assurance The progression at Deloitte is steady and I've always felt in control of my own career path. You can learn something new here every day which I really enjoy." -Ali, Audit and Assurance Our hybrid working policy You'll be based in United Kingdom with hybrid working. Our hybrid model enables our people to collaborate, connect and innovate in both a virtual and physical capacity. As well as remote working, you'll attend your local office, virtual collaboration spaces and client sites, depending on the requirements of the role., For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application. Our commitment to you Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for. Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead. Connect to your next step A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level. Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers, Deloitte LLP is the United Kingdom affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see About Deloitte to learn more about our global network of member firms. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.