Disclaimer: Hunt UK Visa Sponsors aggregates job listings from publicly available sources, such as search engines, to assist with your job hunting. We do not claim affiliation with Broadgate. For the most up-to-date job details, please visit the official website by clicking "Apply Now."
We are looking for highly motivated and detail-oriented Cash Analyst to join our operations team. In this role, you will be crucial in ensuring the accurate and timely processing of payments and cash-related activities for our diverse client base. This is contract opportunity for a period of 6 months and its paid via an Umbrella as Inside IR35.
Responsibilities:
- Payment and Cash Processing: Execute all aspects of payments and cash processing, including stop/void payments, cheque processing, and return of funds.
- Manual Payment Requests: Process manual payment requests accurately through various internal and external banking portals (e.g., major financial institutions).
- Quality Assurance: Perform secondary (four-eye) checks on daily tasks completed by team members to ensure accuracy and compliance.
- Client Onboarding Support: Actively participate in client conversion and onboarding activities as they relate to cash processing.
- Nostro Transfers: Process inter-company and external monetary transactions on client accounts using proprietary systems, adhering to strict deadlines and service level agreements (SLAs).
- BACS Submissions: Process and monitor all daily BACS (Bankers' Automated Clearing Services) submissions, promptly addressing any rejections.
- High-Value Payments: Process and monitor all CHAPS (Clearing House Automated Payment System) payments (including those via SWIFT) and international payments through end-of-day checking procedures.
- Risk Management & Compliance: Ensure all associated controls for the above activities are meticulously followed in accordance with established policies and procedures to satisfy audits and minimize risk.
- Multi-Currency Transactions: Calculate and process multi-currency bank transfers, including Euroclear account funding across all clients and currencies.
- Net Settlement Funding: Manage net settlement funding across all custodians for mutual funds.
- Interest Processing: Calculate and process monthly interest.
- Reconciliation & Resolution: Investigate and resolve reconciliation breaks related to cash transactions.
- Invoicing: Process debit interest invoicing.
- Client Communication: Relay specific information to clients in a timely and satisfactory manner.
- Inquiry Management: Respond promptly and effectively to all client and internal inquiries.
Skills and Qualifications:
- Proven experience in payments or cash processing within a financial services environment.
- Strong understanding of banking operations and payment systems (e.g., BACS, CHAPS, SWIFT).
- Excellent attention to detail and accuracy.
- Ability to manage multiple tasks and prioritize effectively in a fast-paced, deadline-driven environment.
- Strong analytical and problem-solving skills, particularly in reconciliation.
- Proficiency in using various banking portals and internal systems.
- Exceptional communication and interpersonal skills, with a focus on client service.
- Self-motivated and goal-oriented with a proactive approach to work.
