Securities Operations, Cash Management

Securities Operations, Cash Management

Prime Personnel

Securities Operations, Cash Management

Details of the offer

A bank based in the City is seeking a Cash Officer to support the Cash team in ensuring the processing of cash is completed in a timely fashion, with controls that meet the standards required by auditors and the company’s risk appetite. This role will report to the Head of Cash Management who reports to the Head of Operations.

Duties will include:

- Ensuring accurate and timely delivery of cash related instructions to our agent network
- Monitoring, investigating and resolving all mismatches within the pre and post payment environment, ensuring appropriate communication and escalation with internal clients
- Monitoring, investigating and resolving all breaks in the post payment environment, ensuring appropriate communication and escalation with internal clients
- Identifying initiatives to support the reduction of risk, enhancement of control, introduction of new products and business process changes throughout the Operations teams both in London and New York
- Producing projections of cash surplus and shortfall over a range of future timescales
- Releasing instructions for payment, receipt, and notices in line with cash life-cycle events, within the parameters set by the company’s control procedures
- Making appropriate decisions on daily management of cash throughout the whole lifecycle, informed by experience, market knowledge, understanding of accepted practice and industry standards, whilst recognising when decision making needs to be referred elsewhere

Key skills required:

- Understanding of client service, risk identification and reduction, internal and external control processes, trade lifecycle, regulatory environment and tactical and strategic prioritisation
- Able to negotiate outcomes on behalf of the department and company
- Strong communication, interpersonal and rapport building skills
- High level of accuracy, thoroughness and attention to detail
- Flexible in both task management and can accommodate fluctuating volumes and job demands
- Ability to write clear and concise business documents
- Demonstrable experience of cash management

Source: Bebee2


  • Auditor - Accounting - Finances / Billing / Collections / Payments