Cash Management Analyst - Funding Support

SGS Société Générale de Surveillance SA; Montreal; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated professional to join their Global Banking Technology & Operations team. In this pivotal role, you will provide essential funding support, ensuring accurate cash management across multiple product lines. Your responsibilities will include analyzing cash positions, reconciling accounts, and collaborating with various departments to manage liquidity effectively. This position offers a unique opportunity to learn about the inner workings of a major financial institution while working in a fast-paced environment. If you thrive under pressure and have a passion for finance, this role is perfect for you.

Qualifications

• 2-4 years in Funding Cash Management or related fields required.
• Strong accounting and cash reconciliation skills are essential.

Responsibilities

• Provide Funding Support to Treasury across various product lines.
• Analyze cash positions and reconcile actual vs projected cash flows.

Skills

Treasury cash management

Intraday liquidity management

Accounting knowledge

General Ledger understanding

Excel proficiency

FX knowledge

Communication skills

Education

Bachelor’s Degree

Tools

Excel

Job description

Responsibilities

ABOUT THE JOB:

The aim of Global Banking Technology & Operations (GBTO) Canada is to deliver day-to-day services to Société Générale investment and corporate bank units and their clients to accelerate their transformation. GBTO differentiates itself from competitors with the pace of the agile transformation delivered, spreading the technology and data culture, shortening the decision-making process, and adopting a true industrial approach, leveraging on different teams either transversal or aligned to the different sub business units.

This role offers the right candidate an opportunity to interact with the many business lines throughout the organization. The candidate will find themselves communicating with Traders, Operational Groups, Accounting and Technology daily. This role holds the critical responsibility of tracking billions of dollars in cash flows in USD and all other major currencies. Due to diversity of business lines impacted by Funding Support, the role offers a unique opportunity to learn about multiple facets of the organization. Likewise, it also requires a strong candidate that can meet daily deadlines in timely manner, multi-task and perform well in a fast paced, demanding trade environment. This position within Funding Support will be responsible for:

What will be your DAY-TO-DAY?

• Providing Funding Support to Treasury across all product lines including Fixed Income, Money Market, Derivative, Structured Product, Broker dealer, Loans, and other trading groups
• Validating projected balances and confirming real time positions including intraday liquidity management and priority client settlements
• Analyzing cash positions, general ledger, and balance sheets of trader's portfolios to ensure appropriate funding by analyzing total Assets-Liabilities and YTD PnL
• Ensuring correct cost of carry allocation applied to respective business lines
• Communicating with various departments of the bank regarding positions, specific transactions, and related cash movements
• Reconciling actual cash flows with projected cash flows. Full understanding of Cash accounts, Nostro Accounts, and Contra accounts
• Interfacing with multiple front office areas regarding daily cash requirements and balances
• Aiding NY traders after Paris end of day regarding late trades/position management for all in scope currencies, supporting the Global FX initiative.
• You should be ok to work between 7:30am-7:30pm, with occasional 7:30pm closing. Closing coverages will be on a rotational basis.
• This team is on a US Holiday Calendar

Skills and Qualifications:

MUST HAVE:

• Experience with Treasury cash management, intraday liquidity management, funding nostro accounts as well as entity positions
• Strong accounting knowledge with understanding of General Ledger and business line trial balances, specifically as it relates to cash position reconciliation
• Knowledge of USD payment processes; Cash and Nostro settlement experience
• Strong PC skills and use of Excel required

COMPETENCIES

• Working knowledge of FX, MM and Fixed Income financial products a strong plus.
• Understanding of financial accounting, general ledger, and cash accounting
• Strong presentation skills, communication skills and project/initiative tracking capability
• Sense of urgency and ability to operate under time constraints
• Ability to interact with front office and other business resource groups

PRIOR WORK EXPERIENCE

• Minimum 2-4 years’ experience in supporting role within Funding Cash Management/Money Market/FX/Fixed Income businesses or related/relevant industry experience. Accounting experience, cash reconciliation and understanding of cash movements a must as well as Nostro accounts and inter-branch funding.

EDUCATION

Bachelor’s Degree

LANGUAGES: French, English

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority (“FINRA”).