Opportunity at
UpvestCASS Oversight Manager (f/m/d)
Upvest is a financial technology company founded in 2017 that offers an Investment API to help fintechs and financial institutions deliver capital market investment and retirement…
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About This Role
Upvest is a financial technology company founded in 2017 that offers an Investment API to help fintechs and financial institutions deliver capital market investment and retirement planning solutions. Backed by substantial funding from major global investors and supporting clients like DKB, Revolut, N26, and Raisin, the enterprise brings together over 270 professionals globally. The firm is currently seeking a CASS Oversight Manager to direct the protection, segregation, and accounting of…
Job Description
Upvest is a financial technology company founded in 2017 that offers an Investment API to help fintechs and financial institutions deliver capital market investment and retirement planning solutions. Backed by substantial funding from major global investors and supporting clients like DKB, Revolut, N26, and Raisin, the enterprise brings together over 270 professionals globally. The firm is currently seeking a CASS Oversight Manager to direct the protection, segregation, and accounting of client money and custody assets for Upvest Securities in line with the FCA Client Assets Sourcebook.
This position requires a professional who can serve as the primary day-to-day authority on CASS matters, bridging regulatory rules with operational processes and product development. The ideal candidate will manage risk assessments, controls matrices, and compliance frameworks across CASS 6, 7, 8, 9, and 10. Daily duties include overseeing client money calculations and reconciliations, managing breach registers, driving remediation, handling regulatory reporting like CMAR submissions, and maintaining the CASS Resolution Pack. The role involves close collaboration with product, engineering, compliance, sales, and client teams to evaluate the impact of new features on client assets and ensure full regulatory alignment.
Candidates should possess deep working knowledge of CASS frameworks, hands-on client asset experience in an operations or audit capacity, strong regulatory analysis skills, and effective stakeholder management abilities. Upvest offers an inclusive work environment with competitive compensation, employee equity participation, annual leave, AI tool budgets, wellness benefits, personal development funds, and professional sabbatical opportunities.
Responsibilities
- Maintain and continuously improve the CASS risk assessment, controls matrix, policies, and procedures across CASS 6, 7, 8, 9, and 10
- Advise B2B clients, sales, and client impact teams on compliant investment solutions for end users
- Oversee daily client money calculations, internal and external reconciliations, and the resolution of breaks and shortfalls
- Manage the CASS breach register, assess materiality, drive remediation, and support FCA notifications
- Own monthly CMAR submissions and serve as the main contact for annual CASS audits
- Keep the CASS Resolution Pack live, complete, current, and retrievable within regulatory timeframes
- Partner with Product and Engineering teams to assess client asset impacts for new products and system changes
- Produce management information for the board and risk committees, and deliver internal CASS training
- Support due diligence, periodic reviews of banks and custodians, and maintain acknowledgement letters and mandate registers
Requirements
- Thorough working knowledge of CASS 6, 7, 8, 9, and 10 including client money calculations and reconciliation methods
- Several years of practical experience in a CASS operations, oversight, or audit role within practice, a broker, platform, custodian, or wealth manager
- Proven experience in interpreting FCA rules and guidance and translating them into operational procedures and controls
- Strong communication skills to convey regulatory requirements to internal teams, external auditors, and third-party institutions
- Highly organised approach with the ability to work independently and manage reporting and audit deadlines under pressure
Qualifications
- Relevant industry certifications such as the CISI Client Assets Specialist qualification
- Accounting or audit background or equivalent professional certification in a related discipline
Core Skills
Benefits
- Budget of 20000 euros per year for AI tools
- 30 days of annual leave
- Sports benefits and access to confidential professional coaching
- Flexibility to work remotely abroad for up to 183 days a year
- UpRest one-month fully paid sabbatical after every 4 years of working at Upvest
- Personal development budget
- Competitive above-market salary and employee equity program participation
- Company-wide events including UpFest, dinners, offsites, and holiday parties
- Employee Resource Groups fostering inclusion and connection
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the employment type for this position?
The role is a full-time position.
Where is this job located?
The specific location is not stated in the job posting.
What salary does Upvest offer for this role?
The salary is not specified in the job posting, though the company notes it provides a competitive, above-market salary and employee equity participation.
What are the primary qualifications needed for this role?
Candidates must have thorough working knowledge of CASS 6 through 10, several years of practical CASS operations or audit experience, regulatory analysis skills, and strong stakeholder management abilities.
Sample Interview Questions
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