Strategic Cash Management Lead

TMX Group; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading financial services company in Toronto is seeking a Manager for their Cash Management Department. The role includes overseeing daily operations, managing a team, and maintaining banking relationships. Ideal candidates have 2-3 years of experience in financial sectors, strong Excel skills, and excellent communication. This position offers a hybrid work model, blending in-office and remote work.

Benefits

Flexible work environment

Generous time-off and leave policies

Collaborative workplace culture

Qualifications

• 2 to 3+ years of experience managing people.
• Validated experience with reporting using Excel.
• Experience in financial background/banking/accounting industry.
• Excellent organizational, communication, documentation, and management skills.
• Excellent leadership and influencing abilities.

Responsibilities

• Manages a department of Cash Management team members.
• Reviews and authorizes daily transactions to ensure accuracy.
• Prepares monthly reporting of Client Segregated Funds.
• Maintains banking relationships and negotiates interests.
• Manages cash flow to maximize margin income.
• Handles securities brokerage relationships for client transactions.
• Coordinates information for internal and external auditors.
• Ensures compliance with tax reporting deadlines.
• Manages operational risk and updates department policies.
• Ensures proper controls for processing client disbursements.
• Completes cross-border wire reporting to FINTRAC.
• Handles foreign exchange settlements for transactions.
• Nurtures inter-departmental relationships.
• Plans short and long-term goals for the department.

Skills

People management

Excel reporting

Organizational skills

Communication skills

Leadership and influencing

Job description

A leading financial services company in Toronto is seeking a Manager for their Cash Management Department. The role includes overseeing daily operations, managing a team, and maintaining banking relationships. Ideal candidates have 2-3 years of experience in financial sectors, strong Excel skills, and excellent communication. This position offers a hybrid work model, blending in-office and remote work.