Executive recruitment company Monroe Consulting Group Philippines is recruiting on behalf of a leading European Bank with an international reach.
They are seeking Middle Office Cash &FX Operations professionals that will be responsible in protecting the organization from financial and operational risk by ensuring FX and cash transactions are processed correctly, on time, and with proper controls.
This role is based in BGC, Taguig City. The position requires a full onsite arrangement for the first three months of employment to facilitate onboarding. Afterward, it will transition into a hybrid setup, offering at least ten days of remote work per month (approximately three days per week).
Key responsibilities:
- Coordinating with both internal and external stake holders to resolve Cash & FXMM queries. FX.
- Analyze previous Incidents in the team and understand the pattern, root cause to apply any additional controls wherever necessary
- To ensure client will receive an updated cash position next day. As a part of Middle office Team Treasury operation serves Client Clean Cash payment & prefunding FX.
- Perform a Supervisory check for all critical activities as identified in the process
- Handle escalations/ critical tasks/ new process by providing effective resolution
- Should ensure that Team meeting /Brain Storming Sessions are conducted if required and also share the best practices and ideas with the peer groups and team members
- Plan and chart out the IDP for the team members for attaining the desired objective in alignment with team goal
- To interact with the clients / internal teams for any new Business requirements, changes in the business that could impact the process
- Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.
- Performing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.
- Participate in ad-hoc projects and new initiatives.
Key requirements:
- Must be a bachelor's degree holder in Finance, Accounting, Business Administration, Economics or related field
- Experience Level : Associate (0-3 years of relevant experience) | Senior Associate (3-5 years of relevant experience) | Assistant Manager (6-8 years of relevant experience)
- Able to clearly understand and envisage the Swift messages (MT103,MT202,MT210,MT304,MT300,MT299,MT199 etc)
- Must be flexible and prepared to work in any shift supporting Asia/Americas/European business hours.
- Strong background and understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills
- Proficient in Microsoft Office Applications and strong MS Excel skills required.
- Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
