CASS Governance Lead

Job title: CASS Governance Lead

About the Role This role requires a capable and technically strong CASS professional with a proven background in regulation to provide innovative and pragmatic solutions to regulatory issues across UK entities. You will maintain the CASS Governance Framework, assess regulatory changes, and act as a senior representative for external auditors, clients and regulators.

What You'll Do

• Maintain the CASS Governance Framework, including strategy and policy development.
• Assess organizational and regulatory changes and validate the continual adequacy of the CASS Governance Framework.
• Develop and deliver CASS training; provide technical support to clients.
• Attend CASS Governance meetings as a senior representative; act as a senior CASS contact for external auditors and clients.
• Challenge as a point of contact for material CASS risks stemming from regulation or business change.
• Lead operational issues (complex incidents, change, client/auditor challenges) and perform deep-dive control reviews.
• Identify, report, manage, and resolve CASS incidents, with root-cause analysis and remediation steps.
• Oversee key CASS areas: interpretation, risks, change, client onboarding and other projects.
• Provide technical consulting and challenge auditor/client CASS methodology or interpretation points.
• Author CASS methodology/policy documents and develop MI/KPIs for governance of CASS compliance.
• Maintain key CASS documentation (e.g., CASS Risk & Controls Matrix, policy documents).
• Review CMAR monthly submissions and daily client money reconciliation.
• Act in accordance with company policies and regulatory duties.

What We're Looking For

• Experience in compliance, audit or oversight roles with FCA CASS regulations (CASS 7) and deep understanding of Client Money and Custody Asset flows.
• Strong technical understanding of FCA CASS rules and their impact on business activity, auditor expectations and best practices.
• Knowledge of CASS models including direct custody, triparty and sub-custody arrangements.
• Hands-on experience managing CASS functions including CMAR reporting, CASS records and reconciliation.
• Excellent communication and interpersonal skills with the ability to influence senior management and staff at all levels.
• Analytical and interpretive abilities.
• Experience providing CASS input into FCA authorisation or variation of permission projects.
• Experience delivering training sessions/workshops for CASS staff and senior management.
• Drafting policies and procedures.
• Building professional relationships with clients, trade bodies, the FCA and other regulators.
• Degree educated.

Nice to Have

• Collaborative team player with the ability to influence a positive work environment.
• Curiosity and resilience in a fast-paced environment.
• Strategic collaborator with insight and agility to anticipate future challenges and ensure operational effectiveness.

Compensation & Benefits

• Salary not disclosed; Marex offers standard corporate benefits and a supportive working environment.