cash management

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:


  • Contact:

    Bethany Singer

  • Contact email:


  • Job ref:


  • Published:

    6 months ago

A fantastic opportunity has arisen with my Client, a very well-established brokerage based in the City, as a Cash Management associate. Successful candidates will be assisting the Trade Operations Manager on all day-to-day incoming & outgoing payments and further assisting with settlement processes as required, ensuring that all settlement back office functions are processed in a timely and accurate manner. Please apply below!

As a Cash Management Associate you will be responsible for:

  • Processing all External and Internal payments out using the online banking system.
  • Processing incoming payments and resolving any exceptions including communicating with clients.
  • Processing all regular contributions and direct debits
  • Investigating and resolve reconciliations discrepancies
  • Managing client enquiries relating to the receipt or payment of cash
  • Ensuring bank accounts are prudently funded daily
  • Assisting Trade Operations Manager in the maintenance and storage of accurate direct debit mandates and mandate register in line with CASS 8.
  • Ensuring all FX currency payments are processed daily
  • Assisting the Client Service team in answering any client queries to ensure that we respond within agreed deadlines.
  • Ensuring all asset and cash breaks assigned to the team are investigated and resolved in a timely manner
  • Processing all Transfers In & Out as per the client instructions by communicating with clients, custodians and ceding parties to ensure a timely and accurate completion.
  • Assisting in the continuous development of both systems and process, liaising with internal and external counterparts where necessary
  • Assisting in the collation of all daily, weekly and monthly MI, KPI's and KRI's within Operations, ensuring production is timely and accurate.

As a Cash Management Associate you will need:

  • Experience of payment processing via online banking systems advantageous
  • Understanding of CASS rules
  • Ability to focus and commit to delivering against deadlines.
  • Good organisational skills with the ability to multi task and deal with multiple issues via different forums.
  • Effective and proficient communication and written skills
  • Ability to prioritise, be responsive, deal with ambiguity, and respond to changing environments

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