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Boutique European Bank seeks Treasury Money Market Operations Support Specialist with strong settlements, reconciliation and SWIFT payments background.
This role requires specific product experience and expertise settling Repos, Commercial Paper (CP), and Yankee CDs.
It is tremendous opportunity where you will be able to grow your career with a premiere International Bank that offers career stability, amazing benefits (e.g. 100% bank paid healthcare, generous PTO, a huge 401K match,…), and a very good work life balance.
In summary, you will support an overnight Money Market funding desk working in Manhattan (hybrid onsite 3 days per week).
This is a small tightknit operations team supporting all back office related work for a well-run, high volume Funding Desk.
Positions like this do not become available very often, so please contact us with your CV/resume ASAP.
You will maintain all records as they pertain to the securities portfolio and prepare or release payment messages (SWIFT, Kondor +, Calypso, or Fed transfers):
Requirements include:
#international bank
#foreign bank
Money Market Operations Specialist
1251 Avenue of the Americas New York, NY 10017 US
Job Description
Boutique European Bank seeks Treasury Money Market Operations Support Specialist with strong settlements, reconciliation and SWIFT payments background.
This role requires specific product experience and expertise settling Repos, Commercial Paper (CP), and Yankee CDs.
It is tremendous opportunity where you will be able to grow your career with a premiere International Bank that offers career stability, amazing benefits (e.g. 100% bank paid healthcare, generous PTO, a huge 401K match,…), and a very good work life balance.
In summary, you will support an overnight Money Market funding desk working in Manhattan (hybrid onsite 3 days per week).
This is a small tightknit operations team supporting all back office related work for a well-run, high volume Funding Desk.
Positions like this do not become available very often, so please contact us with your CV/resume ASAP.
You will maintain all records as they pertain to the securities portfolio and prepare or release payment messages (SWIFT, Kondor +, Calypso, or Fed transfers):
- Maintain all money market and securities confirmations and records.
- Verify and release payments as they relate to Funding Desk activity.
- Verify and release manual payments input in either via SWIFT or other online payments systems.
- Monitors= the inter-day USD position and reconcile end of day balance with the Funding Desk.
- Input Yankee CDs, commercial paper and repos delivery instructions.
- Monitor the intra-day cash positions at the issuing and paying agent for the Certificate of Deposits and Commercial Paper programs and arrange funds transfers as necessary.
- Prepare new customer data and performs OFAC Check verification. Send new customer data and Standard Settlement Instructions and updates to Head Office for processing in Calypso; update customer records and correct any differences reported by the Head Office.
- Assist Accounting with the investigation and reconciliation of open items for the Nostro account and the Loan IQ settlement account.
- Reconcile and match all SWIFT confirmations.
- Investigate all “failed Payments” and arrange for proper compensation.
- Reconcile Broker bills on a monthly basis.
- Prepare various reconciliation reports between the branch records and statements received from custodial banks.
Requirements include:
- 4+ years of hands on back office operations experience with strong knowledge of all aspects for settlements and reconciliation of Money Market overnight funding including extensive: Repos, Yankee CDs and Commercial Paper (CP).
- Hands-on experience verifying releasing manual payments input in either via SWIFT or other online payments systems.
- Experience with Calypso, SWIFT, Kondor+ or similar systems
- Good basic accounting skills.
- Must be very detail-oriented and a good team player
- Excellent PC skills (MS: Excel, Outlook, Access, Teams, Windows)
- A completed college degree strongly preferred
#international bank
#foreign bank
Job Requirements
money market,commerical paper,yankee,CD,repos,kondor,calypso
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