Pension Banking Manager
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Pension Banking Manager
Job description
Certification Function/Responsibilities
This role has the following responsibilities for Bright Square Pensions:
FCA CF Functions subject to a qualification requirement - Activity 16
Overall purpose of the job
To oversee the day to day running of the Pension Banking team, completing daily CASS reconciliations and sign off, along with ensuring client money regulations are adhered to. Continuously reviewing existing processes and drive change
About Benchmark
Our award-winning, proprietary solutions cover regulatory, platform and investment services, and are designed to support advisers at every step of their journey - from starting and running a financial advice business more productively and effectively, to accelerating its growth and realising its value.
We support high quality financial advisers with our award-winning technology and support services.
And with our own Financial Advice business, we help families find solutions to meet their needs and aspirations and achieve peace of mind. By providing access to higher quality solutions, we make it easier for them to meet and exceed their goals.
Ensuring good client outcomes, with the client's interests central to decision making, is very important at Benchmark. Treating Customers Fairly principles are embedded within our organisation and we take responsibility for embracing and promoting our duty of care to all clients, including those who may be more vulnerable than others.
The base
You'll be based at our Schroders Campus near Horsham in West Sussex. It has high standards and international reputation, without being in the city: a big, countryside campus means life will feel a little different. We support our offices by using cutting edge software and hardware and our spacious campus facilities mean there's a great working environment for the team. With an on-site restaurant, coffee shop and gym, our campus has much to offer. And commuters can relax on our dedicated regular shuttle bus to and from Horsham's main line train station.
What you'll do
• Accountability for performance of Pension Banking and ensuring procedures are compliant, efficient, detailed and up to date in line with Client Money regulations.
• Ensure adherence to all applicable regulatory requirements related to client money handling.
• Deputise for the Head of Pension Operations where required.
• Participate and act as a reference point for the annual external CASS audit.
• Constantly seek to improve operations, reviewing and challenging inefficient processes
• Detailed understanding of multiple processes across operations
• Active participation and contribution in management meetings
• Setting goals and managing quarterly documented one to ones
• Review and authorised standard operational tasks within the team
• Report and present accurate MI
• Manage both internal and external escalation
• Daily CASS reconciliation process and resolving discrepancies.
• Ensuring that all payments are matched and allocated in accordance with CASS regulations.
• Attend quarterly CASS Committee meetings
• Monthly CMAR Reporting
• Capacity planning
• HSBC Liaison
The knowledge, experience and qualifications you need
• Investment Management Certification/studying towards
• CISI Client Money & Assets/studying towards
• Minimum of 3 years Investment Platform/Pension experience at manager/team Leader/senior associate level
• Accurate with excellent attention to detail
• Ability to work as part of a team and autonomously.
• Excellent communication skills both written and oral
• Outstanding numeracy and literacy skills
• Confident user of Microsoft word and Microsoft excel.
What you'll be like
• Promoter of the Treating Customers Fairly principles, and deliver your own responsibility for the duty of care to our clients
• Self-Starter, willing to learn and embrace change.
• Positive attitude
• Excellent time management and ability to prioritise work.
• Ability to motivate others.
• Accountability operations in a highly organised wand structure manner in a challenging, fast paced environment
We're looking for the best, whoever they are
Our purpose is to provide excellent client outcomes and service. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics