Client Money and Assets Senior Associate

Job Description

Drive regulatory governance and reporting as a Client Money & Assets Specialist in a dynamic, collaborative team.

As a Client Money and Assets Senior Associate in the CASS Oversight team within the International Private Bank, you will help maintain compliance with the FCA’s Client Asset Sourcebook and support our strategy for client asset protection. You will work closely with teams across multiple locations, leveraging your analytical skills to deliver best practices and ensure robust controls. Your role will be central to safeguarding client assets and supporting regulatory requirements. You will collaborate with stakeholders to drive improvements and deliver high-impact results. This is an opportunity to contribute to a culture of excellence and innovation.

Job Responsibilities

• Support the certified individual responsible for CASS operational oversight and EMEA custody regulation functions
• Collaborate with the Edinburgh CASS Oversight Team to maintain and enhance client asset controls
• Develop and support the Client Assets Risk Framework
• Coordinate internal and external audits of Client Asset processes, including annual CASS audits
• Review and escalate regulatory breaches, drive corrective actions, and ensure successful remediation
• Review and sign off on monthly Client Money and Asset Return (CMAR)
• Prepare and deliver management information on the Client Assets control framework to senior stakeholders
• Design and coordinate CASS training for Business, Technology, and Operations staff
• Assess new business initiatives for potential CASS impact
• Work with stakeholders across Edinburgh, London, Frankfurt, Geneva, and Bangalore
• Partner with Operations, Compliance, Controls, Projects, and Governance teams to deliver results
  
  

Required Qualifications, Capabilities, And Skills

• Knowledge of Client Money & Assets requirements and MiFID II regulation
• Experience in a regulatory function or with the FRC’s Client Asset Assurance Standard
• Ability to create a vision and actionable roadmap for ongoing innovation
• Experience designing and delivering training programs
• Familiarity with audit processes and regulatory reporting
• Experience working in a global, cross-functional team environment
• Strong stakeholder management skills
• Self-motivated with the ability to work independently
• Strong execution skills and ability to deliver exceptional results
• Analytical mindset with the ability to review and challenge regulatory scenarios
• Experience working with large data sets to identify trends and provide reporting
  
  

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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking 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.