Client Assets Sourcebook (CASS) Oversight Officer

Job Title: Client Assets Sourcebook (CASS) Oversight Officer

Location: London

Corporate Title: Vice President

As the CASS Oversight Officer (CAOO) of Deutsche Bank United Kingdom (UK) Bank Limited (DBUKB), you will have, or be willing to hold, the Certified Person Significant Harm Function 1 (SHF1) status, working within the Private Bank UK Operations.

You will have day-to-day responsibility for Deutsche Bank UKB’s compliance with the CASS regime and support the Senior Manager (SMF24) who is responsible for the operational effectiveness of systems and controls designed to achieve compliance with CASS, reporting to the Deutsche Bank UKB Board in respect of that oversight; and ensuring the monthly submissions of the Client Money and Assets Return (CMAR) to the Financial Conduct Authority (FCA).

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:  

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Maintain and operate a robust CASS oversight governance framework in line with CASS rules ensuring the necessary documentation and reporting remains effective
• Deputy/Chair monthly Client Assets Oversight Council (CASSOC) including reporting of KPI/MI.
• Maintain an accurate CASS risk and control framework, working with key business areas to map, interpret and document CASS rule application for DBUKB.
• Own and Lead CASS reviews by Internal Audit and Compliance Testing & Assurance reviews and lead the annual external CASS audit; CASS incident and breach assessment & reporting, monitoring and resolution and CASS training.
• Provide oversight and challenge over CASS processes and controls.
• Financial Services Compensation Scheme (FSCS) reporting – lead the maintenance and oversight of the FSCS framework

Your skills and experience

• Extensive knowledge of FCA CASS rules (CASS 6,7,8, 9 &10) within a CASS Oversight function
• Strong risk and control management skills within financial services
• Proven experience in handling investigations; internal and external audits; building and running processes and workflows, and responding to regulatory change

How we’ll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• e.g. We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.