CASS / Custody Oversight Associate CASS / Custody Oversight Associate …

J.P.Morgan
in Edinburgh, Scotland, United Kingdom
Permanent, Full time
Last application, 05 Dec 21
Competitive
J.P.Morgan
in Edinburgh, Scotland, United Kingdom
Permanent, Full time
Last application, 05 Dec 21
Competitive
CASS / Custody Oversight Associate
Organization Description
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
Employer Description
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Job Description
Our Team
Sitting within the International Private Bank (IPB), the Custody Oversight team is responsible for the oversight of all processes and controls designed to achieve compliance with the Firm's safeguarding of client asset requirements.
Responsibilities
  • Prepare and submit all custody regulatory returns (including the CMAR)
  • Support and maintain the IPB Resolution Pack ('RP')
  • Review and escalate regulatory breaches relating to custody, work with relevant stakeholders to conduct root cause analysis, and drive corrective and preventative actions
  • Maintain the Client Assets Risk Mapping Framework
  • Support internal and external audits covering IPB's safeguarding of client asset arrangements (including the annual CASS audit)
  • Design, prepare, and deliver MI on the custody control framework to senior stakeholders
  • Conduct due diligence reviews over third-party custodians and service providers
  • Assist with the delivery of training on regulatory requirements related to custody
  • Participate in the review of New Business Initiatives to assess regulatory impact
Requirements
It is desirable, but not a requirement, for the candidate to have an understanding of the FCA's CASS regime, and/or experience working in a Risk & Control function.
In addition, candidates should have the following attributes:
  • Financial services experience
  • Quality focused work ethic and strong controls mind-set
  • Strong time management and organization skills
  • Proficiency in Microsoft Office (MS Excel, MS Word, MS Powerpoint)
  • Team player with strong communication skills
  • Ability to quickly understand complex issues and react effectively
  • Ability to work under pressure and meet deadlines
  • Ability to work with and manage stakeholders
  • Analytical approach
  • Ability to prioritise effectively
  • Highly motivated self-starter with a proactive approach
  • Knowledge of MiFID II requirements relating to the safeguarding of financial instruments and funds (desirable)
  • Experience with the FRC's Client Asset Assurance Standard (highly desirable)
Beyond the above, we are most interested in what makes you, you: the personal qualities, outside interests, and achievements beyond academia/work that demonstrate the kind of person you are, and what you would bring to the team
IPB2021


About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions with client assets of $4 trillion. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
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