Client Money Calculations Team Leader - Leeds, United Kingdom - The Ardonagh Group

The Ardonagh Group

Verified Company

Leeds, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Client Money Calculations Team Leader - Leeds / Remote working (Hybrid) - ARD917962

Purpose of the Role

This exciting hybrid opportunity has arisen to join a growing Finance team in Leeds, where you will lead the Client Money Calculations (CMC) team and manage the CMC process, manage the KPIs and monthly reporting process ensuring accuracy and completed to deadlines.

What you will do
This is an overview and not an exhaustive list of responsibilities.

Collaborating with your line manager, you will develop your own objectives but focus on all of the following:

Be responsible for the line management of CMC Analysts:
Completion of recruitment, HR, training and appraisals processes.
Conduct and document 11 account reviews with direct reports, set monthly targets, agree and review action plans.
Develop, coach, support and motivate team members by identifying their strengths, development needs and training requirements in order to enhance skills and knowledge.
Drive team and individual performance against business objectives providing necessary reporting on KPI's.
Oversee the Client Money Calculation & Insurer Money Calculation process ensuring all deadlines are met and the process is compliant with the client and insurer money rules within the FCA Handbook.
Liaise with senior business leaders to factor in any necessary CMC adjustments.
Oversee and support external audits and ensure that all balances are appropriately supported
Ensure any changes to the process are managed effectively, including but not limited to, new acquisitions and run off businesses / legal entities.
Operate as a key contact for month end closures, month end reporting and legacy balance resolution, working alongside colleagues to ensure month ends are closed timely and accurately
Generate MI on a regular basis and articulate the outputs to key Stakeholders.
Advise on CASS compliance across the membership, including breach identification and improvements process.
Where applicable, investigate the root cause of noncompliance, breach identification and improvements process.

Qualifications and Experience

Financial transactions operations and reporting essential.
Leadership experience essential this could be on a project or as a senior member of a team, not necessarily team leadership.
GCSE Maths and English (Grade C or equivalent and above).
Excel to intermediate level.
CMC and Cass 5 experience preferred.

Most crucially for any applicant is your communication skills across all mediums, use analytical and investigative skills to solve problems and respond positively to change.

You will need to have excellent organisational skills and attention to detail whilst being adaptable to changing environments and priorities to ensure deadlines are met.

This is an opportunity for a proactive, resourceful, self-motivated individual who is happy to lead a team and train others whilst working under pressure.

In return you will be welcomed and supported by our Ardonagh family and be joining an organisation that cares about you as a person and your wellbeing.

Some of the other benefits are:

Holiday entitlement of 26 days plus bank holidays
Opportunity to progress your career across the entire Ardonagh family
Pension scheme for when you feel it's time to retire
24hour support for physical and mental wellbeing
1 days paid volunteering day to give back to our communities
The Spotlight Awards, where we shine a light on the brightest talent across our groupWhy not check us out on LinkedIn to find out what life's really like at Ardonagh.

The Ardonagh Group is one of the UK's largest independent brokers with over 9000 dedicated and passionate professionals across the country, and worldwide, facing and dealing with our clients' challenges, offering an enviable range of products, services and solutions to their clients.

We are progressive, passionate and proud of the work we do, across all sectors of the business. Therefore, we need highly capable people to join our team to make this a reality

So if this sounds like you, and you are looking for a new challenge where you can learn and develop your career, then this could be a great opportunity for you.

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