Manager - Cash Operations

Recruiter
State Street.
Location
Bangalore, India
Salary
Not disclosed
Posted
01 Jul 2022
Closes
07 Jul 2022
Ref
R-707449
Contract type
Permanent
Hours
Full time
Experience level
Manager
Key Responsibilities
  • Should have good understand of the settlement process and accounting (Statements and Ledgers)
  • Capable of analysing the fax and electronic instructions received from sales and trading desk and validate with the static data. Also to have good understanding of Reconciliation and enrichment process
  • Works in conjunction with individuals on the team as well as other shared services and Client Operations to ensure seamless processing according to the fund’s policies
  • Should be able to interpret relation between payment and receipts and be able to resolve breaks timely and accurately
  • Achieve all assigned operational deliverables adhering to Standard Operating Procedures
  • During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
  • Ability to communicate with different teams/fund groups/agent banks via email/phone calls in accordance to the strict market cut-off
  • Should be familiar with Trade Life cycle and have a fair understanding of different guidelines
  • Good understanding of NOSTRO and other payment systems (MT202, Fed wire). Should carry knowledge of SWIFT messages (MT202, MT103, MT910, MT940)
  • Good if already have working knowledge of reconciliation tools such as Intellimatch
  • Stakeholder Management – Organize and present KPIs to stakeholders and ensure working relationship with all stakeholders
  • Managing a team of 10-12 Associates/Sr. Associates across different shifts
Experience / Qualification / Key Skills / Attributes
  • Bachelor’s degree with business related coursework or B.S. degree in Accounting or Finance preferred.
  • 8-12 years of experience in Cash Reconciliation
  • Strong computer competence (Microsoft Applications: Word, Excel)
  • Accuracy and detail oriented
  • Strong interpersonal skills
  • Strong communication (verbal and written) skills
  • Ability to multi-task
  • Ability to work under pressure, and within a deadline oriented environment

Key Competencies

  • Technical Knowledge & Commercial Acumen
  • Quality & Risk Control
  • Decision Making
  • Client Service
  • Communication
  • Teamwork
  • Coaching
  • Drive for Results
  • Adaptability
For further information, and to apply, please visit our website via the “Apply” button below.

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