Manager - Cash Operations
State Street Bank- 1 month ago
- Bengaluru
- Full Time
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Job Overview
Category
CA, CFA, CMA, MCOM/BCOM
Job Role
Accountant / Accounts Executive
Gender preferred
No Preferences
Functional Area
Work preferred
Work from Office
Qualification
Graduation
Any Graduation
Post Graduation
Any Post Graduation
Description
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
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