Cash Management Lead
2 weeks ago
We are seeking an accomplished Cash Management Lead to join our Finance Operations function in Bristol. In this role, you will be responsible for overseeing all incoming and outgoing transactions, as well as dividend distributions, ensuring they are processed to a high standard and within agreed Service Level Agreements (SLAs). You will also ensure that all client funds are managed appropriately in line with the FCA's CASS handbook, while actively minimizing regulatory breaches.
Key Responsibilities:
* Lead and manage the Life & Pension Cash Management Team, ensuring training, motivation, and effective performance.
* Continuously review and improve Cash Management processes to ensure compliance with regulatory and client requirements, minimizing risk and customer impact.
* Establish controls to guarantee that all Cash Management activities comply with regulations and payment scheme guidelines, reducing the risk of breaches and fraud.
* Implement risk management practices to identify and mitigate potential risks in payment processing, ensuring data security and fraud prevention.
* Develop KPIs to measure and enhance individual and team performance, motivating members to achieve excellence in Cash Management.
* Handle complex Cash Management queries and serve as the escalation point for issues.
* Prepare and present financial information to senior management as needed.
* Collaborate with the Control and Oversight Team on projects aligned with the company's strategic initiatives.
* Act as the main contact for annual financial and internal audits, providing timely and accurate information as required.
* Assist in gathering data for Management Information (MI) reporting in collaboration with the Control and Oversight Team.
Requirements:
* Excellent interpersonal skills, ability to build successful relationships with both seniors and direct reports.
* Effective stakeholder management skills.
* Use clear and effective verbal, written and presentation skills, demonstrating the ability to communicate at senior levels.
* Outstanding organisational skills, ability to plan workloads and delegate tasks.
* A systematic, disciplined and analytical approach to problem solving.
* Expert in MS Excel and Word.
* Strong knowledge of financial services (in particular Life & Pension) processes and.
* Strong understanding of Finance and Accounting principles, practices and compliance requirements for the UK and Ireland.
* Estimated salary: £65,000 - £85,000 per annum, depending on experience.
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