Cash Operations Associate

1-2 years
16 days ago
Job Description

With over 8,000 professionals across 9 delivery centers in the Philippines, MicroSourcing remains the country's largest offshoring solutions provider.

Cash Operations Associate, be 100% YOU with MicroSourcing!

A Cash Operations Associate is expected to:
  • Highest level of attention to detail while executing every task, strict adherence to Policy and expected timelines/turnaround times
  • Payment processing : processing wires via Clearline, internal transfers and foreign currency transactions within strict deadlines
    Responsible for maintenance-set up of non-investor payees on Clearline
  • Monitoring a centralised inbox to ensure timely and accurate responses to CSPs, email categorization and filing
  • Completion of clientsu0027 audit confirmations
  • Preparation of daily bank reconciliations
  • Preparation of daily payment reconciliations
  • Account opening and closing on Quantum
  • First point of contact with CSPs to respond to queries regarding payments - treasury related questions
  • Liaising with BNY via BNY Messaging system on payments on hold (due to OFAC, POP etc.), or failed payments, coordinate communication with CSPs, diligently follow up
  • Communicate with CSPs and compliance teams for compliance related clearance (Profiler)
What it takes to be part of our team:
  • Professional communication skills with the ability to collaborate effectively with colleagues and value their contributions
  • Timely escalation of issues to ensure effective problem resolution
  • Proactive in knowing upcoming deadlines and tasks to be completed
  • Efficient workload management, ensuring tasks are completed on time without constant reminders
  • Ability to assess time constraints, including seasonal deadlines and statutory holidays
  • Independent troubleshooting and proactive questioning when necessary
  • Consistent delivery of workload, reports, tasks, and analyses on time and meeting expected quality standards
  • Strong organizational and written/verbal communication skills for effective presentations.
  • Proficiency in Microsoft Word, Excel, and Outlook
  • In-depth knowledge of SWIFT, ABA, IBAN, sort codes, OFAC, interest rates, time deposits, foreign-currency transactions, Purpose of Payment (POP), FDIC, FED, AML, G-SIB, Omnibus banking, sweep account, Management fee, Performance fee, capital call, subscriptions, redemptions, portfolio transactions, internal transfers, FXs, Bank Reconciliation, Audit Trail, ACH
  • Understanding of technical and specialist processes required to execute work within own department and/or function
Whatu0027s in it for you
  • Competitive Total Rewards (Compensation, HMO, Group Life Insurance, and Performance bonuses)
  • A very collaborative work culture
Find a balance between work and life that fits you. Do what you do best with MicroSourcing!

For more information, visit

.Terms & Conditions apply




Management fee
capital call
sweep account
sort codes
Performance fee
portfolio transactions
time deposits
Purpose of Payment (POP
internal transfers
foreign-currency transactions
Omnibus banking

Founded in 2006, we pioneered a new way of offshoring. This model involves setting up an overseas division of your company and getting a local specialist to handle facilities, IT, labor laws, recruitment and HR, while you retain control over quality and productivity. Today, we&#8217&#x3B;re still one of the largest and most experienced offshoring providers in the Philippines, with 400+ active clients and 6,000+ employees. We operate within purpose-built, class-A facilities that are strategically located for access to Manila&#8217&#x3B;s most talented people. We&#8217&#x3B;re backed by our Australian parent company, Probe and we&#8217&#x3B;re ISO certified.

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