Regulated Reconciliations Analyst (Mutual Funds)
Salary: From £26,000-£33,000 per year
About Diligenta Diligenta is a leading Life and Pensions Administration Service provider, committed to transforming our clients' operations with best-in-class service. Our values centre around positive change, development, and a supportive workplace culture that our employees describe as \"home.\"
Summary of the role We're looking for a detail-oriented and analytical Regulated Reconciliations Analyst (Mutual Funds) to join our finance operations team in Edinburgh. In this critical role, you'll ensure the safeguarding of client money in compliance with FCA CASS regulations, while managing reconciliations and financial processes that underpin our mutual funds activity.
Benefits - 31 days including Bank Holidays
- Eligibility for an annual discretionary bonus scheme
- Personal and career development opportunities to progress your aspirations within the company as well as through our global parent company (Tata Consultancy Services)
- Access to Perks at Work (an online discounted shopping platform) saving you money on a wide range of goods and services, including your weekly food shop, holidays and electrical goods
- Cycle to Work Scheme & Interest free Season Ticket loans
- A companywide Wellbeing programme, including an Employee Assistance Programme and other benefits/resources to support your mental/physical and financial wellbeing
- A comprehensive set of Moments that Matter policies, such as Carer’s Leave, Foster Leave and Retirement Leave
- A contributory company pension scheme where we match your contributions up to 6%, Group Life Assurance ('Death in Service') & Group Income Protection
- Apply to find out about our other benefits
What you’ll be doing: - Performing daily client money reconciliations, ensuring accuracy between internal records and external statements.
- Investigating and resolving reconciliation discrepancies in a timely and efficient manner.
- Executing manual journal entries and support financial month-end close processes.
- Preparing CMAR (Client Money and Asset Return) and supporting regulatory submissions.
- Collaborating with internal teams and external stakeholders to ensure ledger integrity and regulatory compliance.
- Proactively identify risks, escalating potential CASS 7 breaches as required.
- Assisting with audits, reporting packs, and tax reconciliation processes, including payments to HMRC.
- Maintaining compliance with Consumer Duty obligations.
What we’re looking for: - Proven experience in reconciliations or finance operations, ideally in a regulated environment
- An understanding of FCA CASS 7 rules (client money) and how they apply to both reconciliation and operations
- Accountancy qualification or studying towards the qualification, or qualified by experience
- Any formal qualifications in financial services regulations
- A Solid grasp of accounting principles and financial controls
- High attention to detail and accuracy
- Excellent Excel skills (vlookups, pivot tables, formulas)
- Strong communication skills and stakeholder management
- Ability to work independently, manage priorities, and meet deadlines under pressure
If you need any help or adjustments for any stage within the recruitment process due to health, disability, or any other reason, please let us know. Ready to take the next step in your career? Apply today and become part of our innovative team!
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