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Head of Cash Operations
2 weeks ago
Posted by
Michael Durkin- Associate Director - Specialist in recruitment in the Finance and CFO space for Banking & FS
We are currently partnering with a global organization who offer banking operations services to a diverse range of international banks
They are looking to hire a Head of Cash Operations into their Operations team.
The Cash Operations team oversees the processing of cash remittances, FX/MM transactions, FX/MM derivatives, and the reconciliation of FX/MM confirmations. Additionally, the team manages secondary nostro account cash flows.
As Head of Cash Operations, this role will ensure operational efficiency and delivery of high-quality services to clients. The role involves optimizing processes, providing technical expertise, and supporting business growth through excellence in transaction processing and risk management.
This role will be responsible for the following:
- Lead and manage Asia Cash Operations, serving as part of the Asia Operations leadership team.
- Ensure operational efficiency, excellence, and low levels of operational risk.
- Align the Cash Operations team with broader Operations and company objectives.
- Act as the escalation point for Asia-based clients on all cash operations matters.
- Drive cross-border collaboration between Europe and Asia teams.
- Lead Operations projects and initiatives as required.
- Enhance client service standards and contribute to improved client satisfaction and ratings.
- Identify and propose value-added solutions to improve profitability.
To be eligible for this role you will require:
- At least 10 years of experience in cash and FX/MM processing, including a minimum of 5 years in people management.
- Bachelor’s degree or professional qualification in Banking/Finance.
- In-depth knowledge of financial products such as remittances, FX/MM, FX/MM derivatives (e.g., exotic options, IRS, CCS, OIS, REPO), market infrastructure, regulations, and operational risks related to trade processing and settlement.
- Familiarity with SWIFT message types.
EA License : 16S8131
Recruiter License : R2090716
Job ID JOB - 14127
- ABOUT COMPANY
- The Edge Partnership
- Singapore
HR & Recruitment
Our Mission To recognise that no asset is as powerful to a company as the right person in the right job at the right time. A company’s greatest asset...