Cash Management Operations Specialist

Job Description

Cash Management Operations is a customer-facing role that requires extensive customer interaction and communication and vital collaboration with global teams.
A pivotal part of your role is to process and manage the issuance of futures margin calls, monitor, and execute cash through bank accounts, and provide regulatory and default reporting.
Using technology to improve customer efficiency is critical and is often accomplished by using data analytics solutions to improve the customer experience and reduce the operational burden on your team.

Are you someone who can:

- optimise cash flow management.
- Monitor margin requirement daily and follow the escalation process where issues are experience.
- Calculate the daily Profit and Loss for Business Stakeholder review.
- Prepare daily bank reconciliations and clear all exceptions.
- Validate payment instructions against transaction documents and ensure compliance with contractual terms and regulatory requirements for the various types of financial transactions.
- Coordinate with deal management teams and counterparties to facilitate timely and accurate processing of payment instructions.
- Monitor payments deadlines and ensure adherence to cut-off times and regulatory deadlines for transfers related to settlements.
- Investigate and resolve payment exceptions and discrepancies in a timely manner, and in collaboration with internal/external parties involved in deal management and payment processing.
- Collaborate with internal stakeholders i.e., compliance and client services to address payment-related issues and mitigate risks associated with financial transactions.
- Maintain accurate records of payment instructions, confirmations and supporting documentation for audit and compliance purposes across deal and cash management activities.
- Identify opportunities for process improvements and automation within the cash management functions to enhance operational efficiency and reduce manual intervention.
- Follows documented policies and procedures to execute day to day transactions, activities, processes and ensure all Service Level Agreements (SLAs) are met
- Conduct periodic reviews and audits of payment processes to ensure compliance with industry standards and regulatory requirements.
- Liaise with external settlement agents, custodian banks, and payment networks to optimise deal settlement processes and resolve payment-related issues.
- Stay informed of developments in payment technologies, regulations, and industry best practice relevant to payments processing.
- Account setup - Opening, closing, and amending client accounts on the Global Clearing Management System and the respective internal management system.
- Ensure data quality of upstream systems and raise issues to reduce reference data inefficacy there by reducing manual work.
- Portfolio setup and amend commission structures and rating codes on client accounts.
- Setup and maintenance of general reference data attributes to support the Derivatives Clearing business.

Qualifications
- Minimum qualification: Bachelor’s degree in finance, accounting, business administration or related field

Experience and Skills
- 3 to 5 years’ experience in a similar environment, of which 1 to 2 years ideally at a junior specialist level
- Knowledge of financial instruments, transaction structures and regulatory frameworks governing payments and deal settlements
- Strong understanding of payment processing systems/workflows, deal management processes and payment protocols
- Product knowledge in Derivatives/Fixed Income and Equities spaces
- Knowledge and experience using Futures/Derivatives systems and technology (such as GCMS, Calypso, SMART, Murex System)
- Attention to detail is a must.
- Firm understanding of the risk and regulatory requirements of a Clearing business.
- Strong analytical, time management, interpersonal, oral, and written communication skills

You will have access to:

- Opportunities to network and collaborate
- Challenging Working
- Opportunities to innovate

We can be a match if you are:

- Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
- Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it

Post

RMB

LI-ZM1

Job Details

31/10/24