Assistant Client Money Manager

Posted 20 Days Ago
Be an Early Applicant
London, Greater London, England
Entry level
Insurance
The Role
As an Assistant Client Money Manager, you'll support the management of client money processes, ensuring compliance with FCA regulations, particularly CASS5. Your role involves assisting in administration, audit support, process improvements, and collaboration with senior team members. You'll engage with stakeholders and maintain client money policies.
Summary Generated by Built In

Who are we?

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

The Role:

As an Assistant Client Money Manager, you will support the management of client money processes, ensuring compliance with FCA regulations, particularly CASS5. This part-time position involves assisting with financial processes, audits, and the development of client money procedures. Collaborating with the Client Money Manager and other teams, you'll play a vital role in maintaining operational accuracy and regulatory adherence.

3 days per week, with 1 day required in our London office
This role is well-suited for someone returning to work or seeking a part-time position.

What You'll Do:

  • Coordinate client money processes in line with FCA CASS5 regulations.

  • Assist in improving client money procedures and operating models.

  • Support the production and distribution of Client Money Management Information (MI).

  • Help resolve audit and regulatory review actions related to client money.

  • Perform client money calculations with accuracy and timeliness.

  • Maintain and update client money policies in collaboration with the IBA team.

  • Assist with client money audits and maintain the central repository of CASS information.

  • Stay informed on regulatory standards and ensure processes align with requirements.

Who We're Looking For:

  • Strong analytical skills and attention to detail.

  • Capable of working both independently and collaboratively.

  • Effective communication and relationship-building skills.

  • Organised and able to prioritise multiple tasks.

  • Proactive and willing to learn.

Qualifications:

  • Ideally working towards or holding an accountancy qualification (e.g., AAT, ACCA, CIMA).

  • Familiarity with FCA CASS5 rules and IBA processes is helpful but not crucial.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

  • Our successes have all come from someone brave enough to try something new

  • We support each other in the small everyday moments and the bigger challenges

  • We are determined to make a positive difference at work and beyond

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Permanent

The Company
Minneapolis, Minnesota
658 Employees
On-site Workplace
Year Founded: 2008

What We Do

The global reinsurance broker and risk, capital, and strategic advisor focused on relentless innovation and superior analytics for top client service. Part of Howden

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