Transaction Banking Services - Cash Management Services – Associate

Crédit Agricole; United States; Sur place; USD 105 000 - 120 000; Plein temps

Résumé du poste

Crédit Agricole CIB in Iselin, NJ is seeking an Associate in Transaction Banking Services - Cash Management to support daily Fed operations and payment processing. The role requires flexibility to work 4 to 5 days per week from 10:30am to 7:30pm or during Fed Reserve window, with emphasis on accuracy and control within a small team.

Candidates should have a bachelor’s degree and 3–5 years of experience in Fed/CHIPS payments, SWIFT, and regulatory compliance tools.

Qualifications

• Bachelor degree or equivalent required.
• 3-5 years of experience in cash management or a related role.
• Experience with Fed/CHIPS, SWIFT, Fircosoft and BCP testing is preferred.

Responsabilités

• Monitor Intra-Day Liquidity – FED available cash position throughout the business day
• Ensure FED balance does not exceed the Intra-Day Cap
• Approve and release payments in GPS and SWIFT
• Process Fed Service messages
• Review OFAC violations using Fircosoft
• Manage end of CHIPS funding and related accounting entries.

Connaissances

Ability to work in a small team

Formation

Bachelor Degree / BSc Degree or equivalent

Outils

Payment systems

Microsoft Office products

Description du poste

Transaction Banking Services - Cash Management Services – Associate

Business type

Types of Jobs - Operations

Job title

Transaction Banking Services - Cash Management Services – Associate

Contract type

Permanent Contract

Job summary

** Note – Individual will need to work 4 to 5 days per week 10:30am to 7:30pm or Federal Reserve Bank Closing **

Summary

Cash Management Services is responsible for processing the following types of transactions:

• US Dollar Payments and Receipts through FED or CHIPS
• USD and Foreign currency SWIFT payments
• Check payments
• Book transfers

** Note: Must be available to work an 8 hour period during the normal payments business day – FED window is 7am to 7pm **

Transactions are processed through the Montran GPS application. Fedline Advantage is maintained as a back-up in case GPS is not operational.

Key Responsibilities

• Monitor Intra-Day Liquidity – FED available cash position throughout the business day
• Ensure FED balance does not exceed the Intra-Day Cap
• Timely communication and escalation to Sr.
• Management/Treasury for Intra-day issues
• Monitor FED/CHIPS SOD/EOD balances for interruptions and/or exceptions
• Approve and release payments in GPS and SWIFT
• Process Fed Service messages
• Review all possible violations in OFAC using Fircosoft system.
• Verify all daily reconciliations performed correctly.
• Confirm third party transfers in accordance with the client’s security agreement
• Manage the end of CHIPS funding and process related accounting entries.
• Assist with the aircraft closing processing in NY
• Manage end of day Fed Wire closing.
• Communicate the USD position to the Dollar Funding Desk, maximizing accuracy and minimizing Overdrafts.
• Verify and release tax payments through BNY Mellon Treasury Edge system
• Process check deposits using BNY Mellon Treasury Edge system.
• Manage the branch’s nostro cash position at Bank of New York Mellon
• Review all incoming SWIFT messages and distribute to the areas concerned
• Process all monthly billing presented by BONY, Clearing House, Swift, and Fed.
• Handle all investigations concerning clients, nostro accounts and compensation claims.
• BCP Testing does multiple times a year for CHIPS and FED (will require weekend support)

Management and Reporting

• Reports to the Head of TBO/CAO

Key Internal contacts

• Treasury desk
• Corporate Banking Front Office teams, including ITB Middle Office
• Finance and Accounting
• Various internal operations related units

Key External contacts

• New York Clearing House (CHIPS)
• BNY Mellon

Role is in the Iselin, Metropark NJ Office

Salary Range: $105k - $120k

Supplementary Information

Geographical area

America, United States Of America

City

Iselin, NJ - Metropark Office

Bachelor Degree / BSc Degree or equivalent

Bachelors Degree required
(any discipline)

Level of minimal experience

3-5 years

Experience

Required

• FEDWIRE and CHIP’s usage
• SWIFT
• Fircosoft
• Experience with BCP Testing

Required skills

Ability to work in a small team

Technical skills required

Payment systems

Microsoft Office products

Languages

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment bank of the Crédit Agricole group, the 10th largest banking group in the world *.

We support major companies and financial institutions in their development and the financing of their projects.

As pioneers in responsible finance, social and environmental commitments are at the heart of our activities.

Joining our teams means working in a multicultural environment, both dynamic and stimulating, where you will contribute to developing a sustainable economy.

We support employees throughout their journey: you will develop your skills and access various mobility opportunities among the diversity of our businesses in more than 30 international locations.

Our culture is built on collaboration, innovation and openness, where everyone is valued and empowered.

By working every day in the interest of society, Crédit Agricole CIB aligns with the Group values committed to diversity and inclusion and placing people at the heart of all its transformations.

All our jobs are open to people with disabilities. We welcome applications from candidates of all backgrounds and experiences.

Ready to take part in our mission ?

*By balance sheet size - The Banker, Juillet 2025