Hybrid with three days a week in Edinburgh or Bath (Wednesdays mandated).
About us
Seccl is the Octopus-owned embedded investment platform that’s on a mission to help more people to invest – and invest well.
We’re B-Corp certified with an amazing product-market fit, impressive early traction, and the potential to transform an outdated industry, for the better. We've been growing fast and will scale even faster over the next few years.
We’re also proud to be part of Octopus, the £multi-billion group that's on a mission to breathe new life into broken industries, through companies like Octopus Energy, Octopus Investments and Octopus Money.
Check out the Seccl website for the latest on our products and our mission to shape the future of investments.
The role
We’re looking for a Senior Operations Analyst to join our Reconciliations team. Reporting to the Reconciliations lead, you’ll oversee the day-to-day delivery of stock & cash reconciliations, supporting the Operational analysts in the team with any queries that arise.
You’ll have at least 2 years’ previous experience working in an investment asset & cash reconciliation environment, ideally in a FinTech scale-up, preferably with some people leadership/supervisory experience. You’ll be a natural problem-solver, with a can-do attitude and be comfortable adapting to rapidly changing scenarios as they arise. Highly numerate and capable of quickly understanding complex situations and explaining them concisely to any stakeholders.
On a typical day, you will be…
1. Ensuring the timely and accurate execution of the daily reconciliations, ensuring all issues and breaches are notified to Senior Management as they occur.
2. Overseeing the Reconciliation Break Management System, ensuring any outstanding breaks are clearly explained to enable teams to remediate promptly.
3. Driving reconciliation-related projects with a focus on continuous improvement and better ways of working.
4. Help identify any systemic issues, and their root causes, and aid operational teams to resolve these.
5. Supporting the reconciliations analysts with any complex queries, taking ownership of these to resolution.
6. Assisting with the preparation of timely and accurate internal and external reports of the operational regulatory returns including CMAR.
7. Assisting with annual CASS audit walkthroughs or production of audit deliverables.
8. Ensuring the Operations reconciliation policies and procedures reflect best practice in line with regulatory requirements.
9. Creating a full reconciliations process mapping document to ensure all touch points are identified across the business.
10. Assisting with compliance related requests and monitoring responses as and when required.
This role’s for you if you...
1. Have a demonstrable understanding of the custody of cash, equities & funds, including the trade lifecycle, stock and cash settlement, Corporate Actions and asset transfers.
2. Have a good knowledge of the FCA CASS 6 & 7 rulebooks, and how they apply to Reconciliations.
3. Work well under pressure, in an organised manner with the ability to multi-task and switch priorities.
4. Have strong analytical and problem-solving abilities with an eye for identifying opportunities for inefficiencies and automation.
5. Have excellent communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels and work across diverse operational teams.
6. Are technically minded. Knowledge of, and desire to learn low/no code tools. Strong Excel skills are essential. Knowledge of Looker and MS Power Platform is desirable.
7. Understand relevant regulatory standards and industry best practice.
This role isn’t for you if...
1. You rely on a lot of top-down direction. Here, you’ll have a lot of freedom and ownership of your role, and you’ll be expected to shape your own progression.
2. You’re not comfortable working in a fast-paced environment. Our speed and scalability are what set us apart; you need to be able to act quickly and think on your feet.
3. You struggle to follow through on ideas. We value people who do what they say they will. If you care about something, you have the freedom here to make it happen.
4. You don’t like change. You’ll get on great here if you relish the ambiguity of rapid growth and are willing to embrace uncertainty.
What’s in it for you…
* A salary between £35,000 and £45,000 – dependant on experience + reviewed annually. 27 days holiday + bank holidays (some can be flexible) + day off on your birthday + three days (full time) per year for Dependant leave.
* Two volunteering days per year.
* Length of service award – one month paid sabbatical at eight years.
* 6% employer pension contribution, and life assurance.
* Private medical insurance with AXA Health.
* Enhanced Parental leave.
* MacBook and up to £500 home office set up budget.
* £750 per person learning budget.
* Option to work abroad for up to six weeks a year.
* Health and wellbeing initiatives including free therapy via Wellness Cloud, mental health support via Headspace.
* Strong financial wellbeing focus including access to Octopus Money, Octopus Share Incentive Plan, will writing offering via Octopus Legacy and Seccl invest (our own platform for you to manage your investments).
* Perkbox – Flexi-points giving you a range of discounts and perks including free weekly coffee, gym and retail discounts.
* Access to initiatives like Cycle to Work and Octopus Electric Vehicle Leasing.
Our culture
We're proud to put people first, creating a culture where we truly listen to what matters most to them. Our transparent and inclusive environment encourages diversity of thought, challenge and experimentation.
Check out our Glassdoor page for the latest reviews or our LinkedIn for company updates and insights from the team.
Interview process
Interviewing is a two-way thing, and we want you to have the time and opportunity to get to know us, as much as we are getting to know you. Our interviews are conversational, so come with questions and be curious. In general, you can expect the interview process to look a bit like this:
1. First stage – 45 mins competencies-based interview with the hiring manager & current Senior analyst.
2. Second stage – one-hour technical interview to deep dive on your industry knowledge & relevant skills.
We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out and you should expect to hear back from us within one to two weeks of applying.
Our aim is to build a diverse and inclusive company of awesome people, with unique skills, passions and experiences. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.
If this sounds like your kind of thing, we encourage you to apply even if you don’t tick every box. We’d love to hear from you!
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