Tembo is hiring a
Client Asset Lead

Summary

Tembo is a digital mortgage and savings platform that specializes in maximizing affordability and helping people buy homes sooner. The company was ranked as one of the fastest growing FinTechs in the UK in 2024. This role focuses on ensuring CASS compliance, implementing and maintaining operational controls, providing strategic advice, and overseeing monthly reports to the FCA. The ideal candidate has at least 5 years of experience in a Client Money role and knowledge of CASS regulations.

Requirements

• 5+ years experience in a Client Money role
• Knowledge of CASS regulations and experience within a CASS Oversight function

Responsibilities

• Ensure adherence and operational compliance with FCA's CASS rules to safeguard client assets and money, including the timely and accurate completion of CASS reconciliations
• Implementation, design and maintenance of robust operational CASS controls
• Provide strategic and technical advice on CASS compliance to business and support functions while promoting regulatory awareness
• Review existing controls, remediating gaps, supporting new growth initiatives and helping to design and set the standard for a Tembo-wide approach to applying Safeguarding
• Oversight and completion of the monthly CMAR report to the FCA
• Focus on continuous improvement, identifying and acting upon opportunities to enhance compliance, efficiency, and client service in all CASS-related activities and for new product launches
• Ensure that client money received, withdrawn and paid out happens in adherence with both CASS and HMRC regulations
• Oversight and approval of daily client money and custody asset reconciliations
• Maintain the CASS resolution pack and other key documents and reports
• Keep process, procedure and policy documentation up to date
• Key point of contact for the CASS audit

Benefits

• Competitive salary and meaningful share options in a high growth business
• 25 days annual leave plus your birthday off
• Workplace pension plan with Aviva
• High spec set-up - Mac, monitor & other home perks
• Once annual away-day and quarterly meet-ups
• Private healthcare + other perks (e.g. discounted gym membership)
• Once in a life time experience in a start-up as it experiences rapid growth