Client Money Associate

The role:

The World First Finance department is looking to strengthen the systems, processes and knowledge within it’s newly formed ‘Client Money’ team. You will report to the Client Money Manager. You will be responsible for:

• Monthly reporting for a number of legal entities in both the UK and overseas


• Reconciliation of various control accounts


• Assist in various other analysis and reporting for other accounting submissions


• Assisting in the delivering of improvements to systems, processes and team skills

What you will do:

• Day-to-day oversight and management of Client Money across the group


• Prepare daily Client Money reports for submission for WFUK, WF Markets WFUSA and WF Singapore


• Monitor and challenge daily reconciliations and processes to identify risks of non-compliance within the current processes and develop solutions to mitigate these risks

Client Money project management:

• Develop a training program which aims to increase awareness of Client Money practices that are relevant to World First and promote good governance and controls throughout the business


• Assist in implementing new processes and reports for new offices and follow changes in regulations


• Assist in formalising and updating all Client Money policies and procedures across the group


• Assist in creating a monthly Client Money “scorecard” and identify useful indicators to any relevant internal stakeholders


• Maintain frequent relations with our Compliance team to ensure continuous development to Client Money regulations


• Assist the Accountant Manager and Treasury Manager with current finance crossed-teams projects: Treasury automation (Bank reconciliations, option management system, Core refresh, bank opening procedure etc.), Firm cash project

What you will have:

The successful candidate will have:

• Excellent attention to detail


• Be adaptable to changing systems and processes


• Be a problem solver and will not fear challenging current practice


• Well organised and can work under pressure


• Good interpersonal skills


• Experience with Excel and SQL reporting is desirable but not essential


• Experience in project management is desirable but not essential

What you will get:

• £26,000 per annum


• Excellent benefits package including annual discretionary bonus, season ticket loan, company pension scheme and health cover


• A fun working environment based in central London


• Free breakfast, Friday beer fridge, tri-annual company parties, bi-annual team nights out, annual charity day and more!