Assistant Client Money Manager

Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

The Role

As an Assistant Client Money Manager, you will support the management of client money processes, ensuring compliance with FCA regulations, particularly CASS5. This part-time position involves assisting with financial processes, audits, and the development of client money procedures. Collaborating with the Client Money Manager and other teams, you'll play a vital role in maintaining operational accuracy and regulatory adherence.

What you’ll be doing

• Administer client money processes in line with FCA CASS5 regulations.

• Assist in improving client money procedures and operating models.

• Support the production and distribution of Client Money Management Information (MI) pack.

• Assist with coordinating the annual client money audit.

• Help resolve audit and regulatory review actions related to client money.

• Review client money calculations with accuracy and timeliness.

• Maintain and update client money policies in collaboration with the IBA team.

• Assist with client money audits and maintain the central repository of CASS information.

• Stay informed on regulatory standards and ensure processes align with requirements.

Who we’re looking for

• Strong analytical skills and attention to detail.

• Capable of working both independently and collaboratively.

• Effective communication and relationship-building skills.

• Organised able to manage multiple tasks and deadlines.

• Proactive and willing to learn.

• Ideally working towards or holding an accountancy qualification (e.g., AAT, ACCA, CIMA).

• Familiarity with FCA CASS 5 rules within the insurance sector is essential

• Familiarity with IBA processes and an audit background is advantageous but not essential.

• Strong excel skills, including complex formulas and create pivot tables

• Strong word and written communication skills

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

• Our successes have all come from someone brave enough to try something new

• We support each other in the small everyday moments and the bigger challenges

• We are determined to make a positive difference at work and beyond

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs.  Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.