DAY-TO-DAY RESPONSIBILITIES :
Have an in-depth understanding of Multi Currency Nostro Cash accounts and associated break reports
Reconcile cash and securities related to Bank, Carry Broker, Exchanges, Collateral, etc. and distribute / allocate breaks and break reports at specified deadlines.
Perform reconciliations across products, regions, platforms (GMI vs GL) or environments and distribute / allocate breaks and break reports at specified deadlines.
Understand system flow and data sources for each reconciliation
Being involved with the Designing, Building and Testing of New Reconciliations
Perform completeness check by specified deadlines daily and ensure all accounts are in proof daily
Address and resolve any completeness or proof issues.
Investigate and allocate exceptions in the reconciliation application accurately to strict deadlines.
Identify and allocate unapplied funds and daily follow-up with break owners until resolved.
Monitor the aging of breaks pertaining to bank, carrying broker, exchange or payable to customer items and assist to resolve and / or escalate
As may be needed for manual reconciliations, obtain statements from prescribed applications, manually upload or print physical , including from SWIFT.
Derive and provide dashboards for MIS reporting through Microsoft Excel.
Escalate high risk issues or problems that may arise in a timely manner according to escalation matrix, or as may be specifically prescribed for the specific reconciliation
Ad-Hoc queries and mini-projects.
Ensure all queries are actioned in the Group Email
Review and update existing procedures on a regular basis
Responsible for daily General Ledger upload for all USD and Foreign cash entries
Prepare daily segregated / secured target balance
Ensure proper controls are processing and regulation.
Report cash balances daily to help maintain proper liquidity
Balance collateral positions lodged at Banks and Exchanges.
Apply basic financial concepts to solve problems and prepare reports for analysis
Approve security movements reviewing for regulatory rules and the order of the transactions.
All our positions are open to people with disabilities
Technical Skills : Knowledge in Excel
Desired / Plus : Competencies :
Experience working with reconciliations systems e.g. Intellimatch, NXG
Develop quick understanding of up-stream / downstream interfaces & data flows in applications impacting Cash & Treasury transactions
Good overall understanding of reconciliations (a) manual (b) using macros (3) on reconciliation platforms (e.g. iMatch, NXG)
Understand the big picture i.e. up-stream / downstream impact points of reconciliations and risks & impacts (financial / regulatory / reputational) of non-
delivery, late delivery of recs.
Assist the I.T. related teams with by providing time and inputs for development of macros, automation of recs., creation / enhancement of Reconciliation platforms for speed / more accuracy
Have understanding of Cash Exchange statements (i.e. Physical, Electronic data-feeds, balances, variations, margin, controls, statements etc.),
General knowledge of Treasury with a focus on the Derivatives, Cleared Swaps, Futures Equities and Fixed Income area
Working knowledge of SWIFT and Federal Reserve system
Strong Microsoft Office experience required
Detail oriented with strong organizational skills
Must be able to identify and research questionable items
Proven ability to multi task and work in a high paced and highly regulated environment
Excellent communication skills verbal and written
An assertive personality, that is able to deliver according to tight deadlines in fast moving "broker" environment.
Take ownership or actions and responsibilities
Share information, knowledge and experience with team members
Innovative and a creative problem solver
Customer Service - Customer orientation (Internal and external) with a commitment to superior quality service and experience in dealing with a variety of customers
Responsibilities : Department Summary :
Department Summary :
The CCR / Treasury Operations Department is responsible for monitoring and ensuring margin requirements at the Exchanges are met in a timely and efficient manner.
Execute proper settlement of client and firm collateral activity. Responsible for the cash and collateral management of client and firm activity and to provide support to Treasury Front Office.