Administrator Client Banking

Nelson Scott LLP
Northwich, UK
19 Sep 2019
02 Oct 2019
Contract Type
Full Time
To ensure all cash transactions are processed timely and accurately and in accordance with CASS regulations and to monitor suspicious activity.

Key Responsibilities

  • Cheque banking, cheque and BACS submissions and rejections, CHAPS payments, Direct Debit receipts, funding executions, cash adjustments, client payments, Take cheques to bank.
  • Monitor suspicious activity.
  • Process FTD orders and reconcile holdings.
  • Administer and reconcile TISA's.
  • In this role, you will be assigned responsibilities and provide services. Compliance Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved. Specifically this includes following principles and rules of the Financial Conduct Authority (FCA) and the internal requirements set out in the Compliance Manual, local and Group Compliance and Risk policies.
  • Respond to requests to implement on a timely basis all internal and external audit points together with any issues raised by external regulators, local Compliance/Risk or Group Compliance/Risk.
  • Be aware of the Operational Risks associated with your role and act in a manner that takes account of these risks and the relevant controls.
  • Follow the FCA's Treating Customers Fairly (TCF) principle by adhering to all relevant internal TCF policies, considering how TCF affects your role and act in a manner which helps to ensure fair outcomes for clients.

Regulatory Responsibilities (Compliance/T&C)

To fully comply with the Financial Services and Markets Act 2000 (as amended from time to time) and the rules of The Financial Conduct Authority and any other applicable laws and regulations.
  • To communicate and escalate potential issues in a prompt and effective manner.
  • To participate in relevant training courses when requested to do so, in particular anti-money laundering and market abuse training.
  • To adhere to the relevant Asset Management division policies, including those on conflicts of interest, gifts and entertainment at all times.
  • To follow the Group and local rules on personal account dealing as set out in the Group Personal Dealing Rules and supplemented by specific additional local requirements set out in the relevant Compliance Manual.
  • To fully comply with the relevant Anti-Money Laundering regulations, specifically relating to the verification of clients and report promptly any knowledge or suspicion of money laundering activities to the relevant MLRO. Undertake and record sufficient appropriate CPD to evidence that you have adequately maintained your competence.

Qualifications, Skills and Attributes
  • Keen attention to detail.
  • Ability to work quickly and accurately within very tight deadlines.
  • Good team player with the ability to work on own initiative.
  • Flexibility and availability to work overtime during peak workload periods.
  • Good knowledge of Excel
  • Previous Financial Services experience, specifically in a Wealth Management business would be a great advantage, as would experience in working with investment products and 'platforms.'

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