Description
Cash Management Associate - London
We have a new requirement for a Cash Management Associate. The individual will be offered a 5-month contract with the view to the role extending Dependent on client demands. Our end client has demonstrated excellent success in recent times with major client wins covering in excess of 10 locations worldwide, including UK, Europe, India and USA, for the outsource arrangements of Fund Accounting and Investment Operations.
This role is paying £ per day
This role is for someone to come into the role to work on Project work on behalf of the client. Due to the heavy projected volume of the AGI synthetic FXs and potential delay in the development, the Cash Admin team requires additional resources to complete the BAU activities. The successful individual will be using the provided tools to review assigned accounts for issues associated with cash (Overdrafts reconciliation) positions (trades other) and synthetic FX.
The members of the Cash Administration/Synthetic FX team will monitor assigned accounts for issues associated with cash, settlements, ad-hoc processing, reporting and pre/post cycle reviews. They will be responsible to produce results of daily accounts review and are expected to work with little to no oversight, identify and resolve trends and educate and train staff on new issues once appropriate research has been completed.
Roles core responsibilities:
- Run the process for monitoring Synthetic and real FX-es and make sure the process runs smoothly; Synthetic FXes are reversed when the real FX hits the account
- Interact with custodian to make sure MT300 is posted where missing
- Monitor Failed FXes and complete Failed FX SI report to client
- Monitor and control the stale cash balance exception reporting for clients.
- Using provided tools, review assigned accounts for issues associated with cash (Overdrafts, reconciliation), positions (trades, other)
- Identify data or accounts trends for discussion in group meetings.
- Remain familiar with back-up procedures when system applications and/or transmission problems arise.
- Build cooperative and professional internal/external relationships achieving group and client goals. Utilize all available resources throughout SSC.
Key skills needed for the role:
- Strong Asset Management Operations Experience - (Cash Ops)
- Good working knowledge of FX'es
- Intermediate to Advanced Excel/SQL would be ideal.
- Knowledge of ESP and RKS helpful and advantageous.
- Good time management, organizational and team working skills.
- Strong communication skills to audiences of different levels of seniority.