Job Description

An attractive Cash Management Associate role has just become available at a reputable securities firm based in Singapore. This role will be reporting directly to the Head of Derivatives and Cash Management.

About the Cash Management Associate Role:
In this role, you will be part of the cash management team, based in both Hong Kong and Singapore. Your primary responsibility will be to ensure that your team accurately and efficiently delivers cash funding processes and tasks on day-to-day basis. You will work closely with the Front Office, Treasury as well as other control functions to ensure we operate in a controlled environment while delivery superior client service.

Key Responsibilities:

• Accurately forecasting and funding trading activity settling across all nostro bank account accounts and custodians
• Help actively manage cash in all currencies and locations \'real time\', intraday monitoring of the forecast cash positions against the actual settlement
• Communicating balances and exposures to Treasury desk, Front Office and with Operations teams to ensure funding is smooth at currency deadlines
• Ensuring additional costs such as overdrafts or negative interest are kept at a minimum
• Assisting with processing of P&L relating to Overdraft Interest charges and third-party interest claims/fail charges ensuring a monthly reconciliation is performed across relevant balance sheet accounts
• Monitor cash reconciliation to ensure outstanding items are kept to a minimum and any breaks are investigated and resolved
• Supporting the build-up of funding or operational process flows and contributing to project work as required
• Responding to internal and external enquiries in a timely manner
• Cross-training and covering other departments/team members across Cross Product Services as and when required
• Ensuring appropriate KRI\'s and KPI\'s are in place

To succeed in this Cash Management Associate role, you will be expected to possess at least three years of experiences within the cash management sector, supporting front office traders. The right candidate will also possess strong communications and a can-do attitude.

Key Requirements:

• Bachelor\'s degree or equivalent in Finance, Business or any relevant discipline
• At least three to five years\' relevant working experience in similar roles, within a financial institution
• Familiarity with derivatives, securities and repo financial products
• Knowledge of OTC derivatives products, bonds and securities
• Experienced in Swift formatting experience in particular payment messages such as MT103, MT202, etc
• Expert knowledge nostro, liquidity and cash management functions and processes
• Ability to identify, mitigate and eliminate risks in processes
• Proficiency in Excel, Word and PowerPoint skills
• Strong interpersonal and communication skills
• Positive attitude with keen eye for improvements
• Candidates requiring work sponsorship in Singapore need not apply

This esteemed company is a multinational investment securities firm operating around the globe with offices in various countries such as Tokyo, New York, London, Hong Kong and Singapore. It provides financial and strategic solutions for the increasingly diverse and sophisticated needs of its clients with offices located in all the major cities.

If you are driven, determined and want to take the next step in your career, this is the role for you. Great career progression opportunities await the right person in this exciting Cash Management Associate role.

Apply today or contact me to discuss this new opportunity.

Do note that we will only be in touch if your application is shortlisted.
Robert Walters (Singapore) Pte Ltd
ROC No.: 199706961E | EA Licence No.: 03C5451
EA Registration No.: R21100257 Nathalie Chieng

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