Cash Management Specialist Job Description

Cash Management Specialist Job Description

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Cash management specialist provides advice to business partners on HK regulatory requirements including but not limited to, deposit and lending products, licensing, data privacy, outsourcing, e-banking, Code of Banking Practice and etc.

Cash Management Specialist Duties & Responsibilities

To write an effective cash management specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included cash management specialist job description templates that you can modify and use.

Sample responsibilities for this position include:

Develop and maintain an orderly filing system for correspondence, records, reports, presentations, for timely, accurate retrieval of information as required
Conveys a professional, knowledgeable and confident demeanor over the phone
Builds collaborative internal relationships to develop and leverage partnership with assigned bankers
This gives any successful candidate the opportunity to further their career down two career paths
Assist with marketing, support, and promotion of the cash management account products for the firm including, but not limited to, money market funds, FDIC deposit programs, sweep programs, banking features that are integrated into the brokerage cash management platform
Assist with the development and execution of strategies including identification of new business and market opportunities
Develop a strong working knowledge of cash products to effectively answer questions from Financial Advisors and branch staff on the product versus competitive offerings in the marketplace
Assist manager and senior staff in monitoring the regulatory environment and help identify areas that will require additional focus or have an impact on the product offerings available at the firm
Support content in weekly marketing newsletters and on the firm’s intranet tool under the direction of manager and senior department staff
Monitor and work with manager to keep marketing materials and product disclosures current and maintain library for inquiries and demand

Cash Management Specialist Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for Cash Management Specialist

Typically a job would require a certain level of education.

Employers hiring for the cash management specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Accounting, Business, Education, Business/Administration, Management, Associates, Economics/Finance, Economics, MBA

Skills for Cash Management Specialist

Desired skills for cash management specialist include:

Business Banking Lending products
Business Investment Products
Everyday Banking products with a focus on commercial products and cash management products
Mutual funds
Personal lending & investment products
RESPs and Direct Banking
RRSPs
Term investments
Moneris & ADP
Deposit and Investment products

Desired experience for cash management specialist includes:

Language skills is a plus especially German, French or Italian
Assist manager and senior staff in monitoring industry trend and competitive products to help develop ideas for product enhancements and opportunities
Develop an understanding of lending products and cross marketing opportunities for those products in the brokerage platform
Knowledgeable of MS Office product Suite, Outlook, VPN and local area network
Solid understanding of money market funds
Strong presentation skills (small and larger groups)

Cash Management Specialist Examples

1

Cash Management Specialist Job Description

Job Description Example
Our growing company is hiring for a cash management specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cash management specialist
  • Maintains appropriate back up for every U/A request that is received and resolved
  • Merges the CFSC Treasury reconciliation report
  • Applies basic direct credits to customer accounts for waived bank fees as a result of incoming wire transfers
  • Creates manual batches for bank credits and posts them to the appropriate contract or GL account
  • Partner with other operational groups
  • Handle advanced stages of assigned tasks
  • Assists manager in the process of checking and maintaining strict guidelines in the quality control of all tasks that are performed by the Cash Management Specialist
  • Direct responsibility for training of associates
  • Coordinate and maintain fraud items with our internal clients and our vendor
  • Serves as a point of escalation for clients and associates in non-routine requests
Qualifications for cash management specialist
  • This role involves significant travel as required supporting a Regional territory (multi-State region)
  • Knowledge of cash management services products such as credit/debit cards, online bill pay, funds transfers, direct deposits, mobile banking and other treasury management solutions for both individuals commercial
  • Demonstrated problem solving and business analysis skills, the ability to structure an approach to work through and solve complex and ill-defined problems and issues
  • Background of industry tools and software suites (Bloomberg, MS Office)
  • Years of functional/professional experience 3 or more years of business development experience within the financial services industry
  • Analytical skills and some basic knowledge commercial credit analysis
2

Cash Management Specialist Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of cash management specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cash management specialist
  • Provide first level support for our Cash Operations systems (CPI, PBIS, Outgoing Payment Tool)
  • Provide first level support for our Workstation Operations Service Requests
  • Monitor the system for issues
  • Analyze and responding to reported issues including timely follow-up
  • Partner with technology to determine issue root causes
  • Identify issue trends and systemic issues requiring strategic solutions
  • Log issue details and communicate on issue status
  • Participate in special projects including analysis and reporting
  • Resolve issues for other Cash Management Services (CMS) products including, but not limited to, Cash Pooling, Automatic Sweep, Reverse Sweep, Zero Balance Accounting, GCMS
  • Update TB product related client data and create client lists
Qualifications for cash management specialist
  • College degree preferred, but commensurate job experience considered
  • 3+ years of prior experience preferred in Accounts Receivable / Cash Mgmt
  • Given the mobile nature of the role, you will be able to operate independently from the reporting line and will be able to effectively utilise a range of mobile communication tools
  • You require an understanding of complex corporate client cash management needs including a good working knowledge of client accounting and Treasury Management operating systems and how our services interface with them
  • Must have an Analytical/Consultative approach
  • The successful Cash Management Specialist will need to be highly self-motivated and may be required to undertake a considerable amount of travelling
3

Cash Management Specialist Job Description

Job Description Example
Our growing company is hiring for a cash management specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for cash management specialist
  • Provide statistics such as number of contracts related to on-line services
  • Support account payable process for the business unit
  • Support various general administrative duties for the office
  • Manage monthly reporting
  • Manage A/P for the business unit
  • Handle business trip and entertainment
  • IB or PB Operations experience is ideal but not required
  • A good understanding of how the Operations process works is critical
  • Wide ranging product knowledge is preferable
  • Ability to work in time sensitive situations is important
Qualifications for cash management specialist
  • Must be able to work Until 6 pm EST on a daily basis
  • Asset Management knowledge is a plus
  • CPI / Workstation/ PBIS / OMNI / Authorities knowledge is a plus
  • 1 or more years compliance or audit experience
  • Payments and/or Treasury Management experience
  • Performs various clerical tasks associated with Cash Management Operations
4

Cash Management Specialist Job Description

Job Description Example
Our company is growing rapidly and is hiring for a cash management specialist. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for cash management specialist
  • This is a cross divisional group which is responsible for the bank accounts of PB and IB
  • This gives any you the opportunity to further your career down two career paths
  • We also work very closely with our regional colleagues in Pune, London and Zurich
  • As we are required to understand the trades behind the cash, we also deal with most other Operations departments daily
  • Generate ACH files and validate transactions within the files are correct
  • Resolve any errors and identify solutions to prevent future occurrences
  • Ensure files are transmitted prior to daily submission deadlines
  • Review positive pay exceptions and ensure they are dispositioned prior to the bank submission deadline each day
  • Identify and analyze root cause of positive pay exceptions and provide solutions to prevent future exceptions
  • Manages work queues to ensure operational needs are met accurately and efficiently
Qualifications for cash management specialist
  • Processes mail as required
  • The primary focus will be on reconcilements, daily operations support, Customer inquiries, transaction processing and maintaining Customer files
  • Serves as resource to Payment Operations Specialist I & II - Cash Management
  • Responsible for researching more complex questions and transactions that cannot be resolved within minutes, frequent interaction with corporate Customers, internal Lead and Supervisory staff
  • Ensures that deadlines are met on a daily basis
  • Trains junior Employees and updates staff on new procedures
5

Cash Management Specialist Job Description

Job Description Example
Our company is growing rapidly and is looking for a cash management specialist. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for cash management specialist
  • Planning and budgeting of content marketing campaigns including annual key themes
  • Multi-channel marketing campaign execution and evaluation against agreed performance metrics
  • Development and maintenance of business line corporate internet presence
  • Development and production of marketing collateral in collaboration with product and sales teams
  • Management and development of external strategic media partnerships agency/supplier network
  • Preparation of industry award pitches, tracking and management of industry polls
  • Planning and content support of CCM’s global conference and event programme including sourcing of conference speaking slots wherever appropriate
  • Social Media channel management including twitter and LinkedIn
  • Collaboration with the Press Office to ensure proactive PR and marketing visibility across regions
  • Email marketing and associated client database management
Qualifications for cash management specialist
  • Reviews items and reports quality issues to the appropriate level
  • Acts as back-up to Cash Management Operations Lead when necessary
  • Contributes to procedural changes as needed
  • Hands-on and positive work attitude
  • Minimum 5 years successful operational experience in the accounting or banking fields
  • 3+ years of experience with Cash Management products and features required

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