Cash Management Analyst

Phaxis; New York (NY); Remote; USD 150,000 - 200,000; Full time

Job summary

Join a forward-thinking company as a Cash Management Specialist, where your expertise in banking and treasury operations will be pivotal. In this fully remote role, you'll ensure the efficient execution of cash disbursements and collaborate closely with various stakeholders to support Treasury functions. Your responsibilities will encompass processing disbursements, analyzing cash positions, and providing funding support across diverse financial products. This is an excellent opportunity to leverage your skills in a dynamic environment, enhancing your career while contributing to the financial success of the organization.

Qualifications

• 1+ years in banking or treasury operations with strong Microsoft Office skills.
• Familiarity with SAP and ERP platforms is a plus.

Responsibilities

• Process cash disbursements and maintain communication with stakeholders.
• Analyze cash positions and support Treasury across product lines.

Skills

Banking Operations

Treasury Operations

Microsoft Office Suite

SAP Software

Accounting Principles

Administration Skills

ERP Platforms

Tools

Internet-based Tools

PC Operating Systems (Windows)

Job description

This range is provided by Phaxis. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$25.00/hr - $26.00/hr

Fully Remote!

Key Responsibilities:

As a Cash Management Specialist, you will play a vital role in ensuring the efficient and accurate execution of cash disbursement functions while maintaining effective communication with various stakeholders. Your responsibilities will include:

• Processing day-to-day cash disbursements in adherence to company standards.
• Maintaining close collaboration with agent banks and business units to facilitate seamless payment execution.
• Handling cash disbursement inquiries and conducting internal investigations when necessary.
• Providing funding support to Treasury across all product lines, encompassing Fixed Income, Money Market, Derivatives, Structured Products, Broker Dealer, Loans, and other trading groups.
• Validating projected balances and confirming real-time positions, including intraday liquidity.
• Analyzing cash positions, general ledger entries, and balance sheets for traders' portfolios to ensure appropriate funding.
• Ensuring correct cost of carry allocation is applied to respective business lines.
• Coordinating with various departments within the bank to address positions, specific transactions, and related cash movements.
• Collaborating with multiple front office areas to manage daily cash requirements and balances.
• Offering assistance to traders in managing late trades and positions for all relevant currencies, supporting the Global FX initiative.

Your Skills & Experience:

• Minimum of 1 year of experience in banking, bank operations, or treasury operations.
• Proficiency in using Internet-based tools, Microsoft Office Suite, and PC operating systems (Windows).
• Familiarity with SAP software.
• Adherence to Bank and Industry Codes of Conduct.
• Knowledge of accounting principles and transactions.
• Administration skills, including the ability to attend educational workshops.
• Experience with ERP platforms.

Seniority level

Associate

Employment type

Contract

Job function

Analyst, Customer Service, and Finance

Industries

Financial Services, Banking, and Investment Banking

Referrals increase your chances of interviewing at Phaxis by 2x