What are the responsibilities and job description for the Cash Management Associate position at Phaxis?
Duties :
- Perform day-to-day cash disbursement functions according to Firm standards.
- Maintain close communication with agent banks and business units to ensure smooth payment execution.
- Handle cash disbursement enquires and internal investigation.
- 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. Analyzing cash positions, general ledger and balance sheets of trader's portfolios to ensure appropriate funding.
- 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 Interfacing with multiple front office areas regarding daily cash requirements and balances.
- Providing assistance to traders regarding late trades / position management for all in scope currencies, supporting the Global FX initiative.
Accounting principles Internet Microsoft Office PC for Windows SAP software Comply with Bank and Industry Codes of Conduct.
Accounting principles and transactions Administration by attending educational workshops ERP platforms.
