Phaxis
Broker dealer client is seeking a Cash Management Associate to join the Securities Operations Group supporting. This role reports to the Head of Cash Operations and is responsible for daily cash management and operational support across multiple accounts and systems.
Responsibilities:
Monitor daily cash inflows/outflows across clearing and custody accounts Investigate and resolve cash breaks and reconciliation issues Record cash receipts, expense disbursements, and allocate charges Execute daily funding, wire transfers, and margin payments Process FX payments, coupon claims, TMPG fail charges, and Treasury pair-offs Prepare invoices and support internal/external audit requests Participate in ad hoc projects and operational initiatives Qualifications:
Bachelor's degree required 3+ years of securities or cash operations experience, preferably in a broker-dealer or fixed income environment Strong understanding of cash management and money transfer processes Working knowledge of CHIPS, SWIFT, and Fedwire systems strongly preferred
Monitor daily cash inflows/outflows across clearing and custody accounts Investigate and resolve cash breaks and reconciliation issues Record cash receipts, expense disbursements, and allocate charges Execute daily funding, wire transfers, and margin payments Process FX payments, coupon claims, TMPG fail charges, and Treasury pair-offs Prepare invoices and support internal/external audit requests Participate in ad hoc projects and operational initiatives Qualifications:
Bachelor's degree required 3+ years of securities or cash operations experience, preferably in a broker-dealer or fixed income environment Strong understanding of cash management and money transfer processes Working knowledge of CHIPS, SWIFT, and Fedwire systems strongly preferred