Job Introduction
Main Responsibilities
Operational Control
Operation Control is an integral part of the Wealth Operations Team providing an operational control framework across all our key operational processes within Wealth Operations to ensure we deliver high standards of administrative order with particular focus on the FCA Client Money & Asset rules (CASS).
In addition, we provide monthly and ad-hoc management information to key stakeholders as well as various regulatory reporting on behalf of Handelsbanken Wealth including FATCA, CRS and ISA returns.
Core Team tasks
• Ensure all CASS related stock and cash reconciliations are completed in accordance with FCA CASS regulations and internal Service Level Agreements (SLAs) including monthly CMAR reporting.
• Daily exception management, ensuring any discrepancies are clearly documented and evidenced for audit purposes tracked and resolved in a timely manner in line with SLA (same day where possible) evidenced to resolution.
• Maintaining control tasks to support the operational processing procedures across Wealth Operations.
• Perform intraday control checks to identify any potential CASS issues and assess for any actions needed to resolve these.
• Maintenance of external Mandates and Trust Administration Letters.
• Enhance understanding of the end-to-end processes to help refine and streamline our tasks, which will allow scalability.
• User access administration for external providers relevant to Operations Department – creation / amend / deletion of users.
• Independent 4 eye check of key reconciliations and controls as required, to reduce errors, ensure consistency and good administrative order.
Support Internal External audits and relevant regulatory reporting
• FATCA CRS ISA reporting.
• Annual CASS audit.
• Support Compliance monitoring reviews for Wealth Operations.
Governance
• Ongoing maintenance of the Wealth Operations Best Practice Guide.
• Production of monthly management information and reporting.
• Operational Risk including maintenance of the Risk and Control Self Assessment (RCSA).
• Support the coordination and update of the business continuity plan for Wealth Operations.
Other
• Operates in line with the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager.
Ideal Candidate
Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…
- Prior knowledge Wealth Management Banking would be an advantage but is not essential as full training will be provided.
- Core values we look for are as follows:
- Is business-oriented and focuses on the customer.
- Takes a long-term approach.
- Has the courage to make decisions.
- Is innovative and proactive.
- Takes responsibility for his/her own development.
- Has high ethical and moral standards.
- Likes good administrative order.
- Collaborates with others to achieve joint goals.
- Comfortable working as part of a team as well as independently.
- Contributes to the development of Wealth Operations and colleagues
Company Information
Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.
The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.
Check our Handelsbanken website for further information
At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.
What is in it for you?
- We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
- Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
- A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)
Application next steps
Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.
There will be a two stage interview process with a combination of technical and competency based interviews.
How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process – just let us know by email uk_talent@careers.handelsbanken.co.uk.
This advert will be live for a minimum of one weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.
#LI-KP1