Officer, Cash Operations

Officer, Cash Operations

CLSA | Pune, MH, IN

Posted a month ago

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Description


Company Summary:

CLSA is an Asia’s leading capital markets and investment group, connecting global investors to insights, liquidity and capital to drive their investment strategies.

Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in asset management, alternative investment, corporate finance, capital markets, securities and wealth management.

As the international platform of CITIC Securities, China’s largest investment bank, CLSA uniquely positioned to facilitate cross border capital flows and bridge China to the world and the world to China.

Founded in 1986 and headquartered in Hong Kong, CLSA operates from 20 cities across Asia, Australia, the Americas and Europe.

For further information, please visit www.clsa.com.




Department Summary:

Global Operations within CLSA proposition lies in delivering an innovative, flexible, adaptable, and nimble trade/cash settlements/agency clearing platform with global capabilities. At the heart is a message-based technology platform, which utilizes a workflow-oriented architecture leveraged by a globally distributed and integrated operational infrastructure. India/Singapore operations will include global management roles in addition to being one of 2 central hubs for all Middle and Back Office activities. Most of these services is been supported by a fully automated electronic platform that will be backed up by a 24x5 Support Desk in Singapore and Pune.

Global Operations structured as a lean, efficient, independent Department within CLSA. With approximately 150 employees, CLSA Global Operations small size offers the advantage of speed and flexibility while its activities will rank it among the top tier agency clearing businesses.

The Cash Operation team is part of the Back office Operations department. The primary responsibility of the BO Cash operations department is of cash flows management, payments, FX settlements and funding in a number of international markets. It also caters to OTC derivatives products like Swap, options, Futures, etc for cash settlement activities like Margin, Collateral.




Position Description:

The Associate/Officer will have an out-going personality and be capable of developing the trust and respect of colleagues and counterparts. The Officer/Associate will report to the Manager of Cash operation in Pune/SG. He/she must be prepared to work closely with others in the best interests of the organization.

Team orientated, he/she must be able to work with colleagues and counterparts in a culturally diverse and fast-paced environment. He/she must be fluent in both written and spoken English and have a general familiarity with Microsoft Office. He/she should be willing and able to challenge existing processes and procedures. Suggest and implement changes where it is justified to be appropriate and necessary. The Officer will need to be capable of specifying business requirements for enhancements or replacements of existing or new applications




Job Responsibilities:
Custody overdraft & Margin monitoring
FOP Payments processing
MTM & Collaterals payments processing
FX Settlement and payments processing
Preparation and Verification of Funding Sheets
Cash Projection and Funding requirements
Project participation, UAT testing
Reconciliation issues
Should be good with Swift knowledge like MT103, MT202, MT300, etc



Skills and Experience:
Graduate with at least 3+ years of experience in a Cash, Treasury /banking related industry or similar position
Detailed knowledge of European and Asian and US equity and Fixed income, Derivative products , their practices, procedures and trends
Good communication and interpersonal skills to interact with all senior levels of management.
Email Vs Phone: To know what is the best method for client communication given in a certain situation prioritizing issues.
Timely escalation of issues to management.
Knowledge of operations systems/applications commonly used in cash/treasury related industry
Ability to take up multi-tasking and accomplish tasks in priorities in a timely manner
Ability to build rapport with Local office, brokers and clients based across all regions
Must be able to participate in change, identify opportunities and challenge current processes and practices
Self-motivated, desire to be challenged and eager to learn
Should set up good example for associates by proactively seeking additional opportunities, should be interested in learning outside regular BAU activities
Should be interested in upward mobility and to work on to get there and should be able to drive own career development
An officer should be able to recognize the risk involved, should recognize good ideas and able to act on them.
An officer should mentor associates and provide them direction with clarity, should cover others during leave periods
Should have flexible approach towards project management, should understand the context of change affecting the dept.
Officer should set example for associates in terms of managing time effectively, escalation of issues to managers and efficiency in completing work tasks.
Good to have Calypso and Swift Alliance system knowledge



Educational / Professional Qualifications:
Bachelor’s or Masters in Commerce and Finance/Banking (MBA preferred)
Knowledge of Capital markets and instruments is a plus, in addition to front to back investment banking processes


Any Additional Requirements:
Strong Communication skills capable of working with different levels of staff from all the Asia Pacific Countries.
Good interpersonal skills and excellent written/oral communication skills.