Operations Associate - Cash Management
- Toronto, ON, Canada
$20 to $25 CAD / hour · Contract
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Job details
- Pay
- $20 to $25 CAD / hour
- Job type
- Contract
- Apply by
- Posting language
- English
- Posted
Original job description
Pay: $20-$25/hour
Required Skills & Experience
- Banking Experience
- Strong Excel (knows how to create macros)
- FX / Foreign Exchange operations experience
- Trade settlement experience within banking or Capital Markets
- SWIFT experience
- Nostro/Vostro account reconciliation
- Payment investigation/reconciliation experience, particularly cross-border or bank-to-bank payments
Nice to Have Skills & Experience
CAD settlement/reconciliation experience
Bank of Canada exposure
Funding and liquidity experience
High-volume, multi-currency environment
Experience investigating bank charges and FX conversion discrepancies
Experience dealing directly with counterparty banks
Job Description
Insight global is looking for a operations analyst for the Real Time Rail payment system initiative in Canada at Bank of Montreal.
The Individual will:
- Be an active participant in the implementation and launch of the Real Time Rail payment system in Canada
- Oversee the daily cash flow operations for various BMO entities, providing support and data analysis to Global Middle Office, Front Office, Corporate Treasury, and other operations teams within Global Markets
- Ensure that all BMO entities maintains adequate intra-day and end-of-day liquidity to meet regulatory and risk standards, across various currencies and LYNX/Nostro/Vostro bank accounts
- Monitor and consolidate cash flows in and out of the bank, and report the bank’s final position to the Traders (Front Office) for investment/borrowing purposes
- • Provide consistent and effective service and support to internal business partners (“customers”) as a key escalation point for business product challenges/investigations while ensuring effective management of risk and controls
We may use artificial intelligence tools to assist with the screening, assessment, or selection of potential applicants for this position.
Vacancy: This posting is for a currently vacant role, and the successful candidate will be hired into an existing open position.
More about this job
Responsibilities
Support the implementation and launch of Canada's Real Time Rail payment system while overseeing daily cash flow operations across BMO entities. Monitor multi-currency liquidity and cash positions, report funding needs to traders, and support internal partners with payment investigations, escalations, and risk controls.
Requirements
Requires banking experience, strong Excel skills including macro creation, and experience with foreign exchange operations, trade settlement, SWIFT, Nostro/Vostro reconciliation, and cross-border or bank-to-bank payment investigations. Experience with CAD settlement, Bank of Canada operations, funding and liquidity, high-volume multi-currency environments, bank charges, FX discrepancies, or counterparty banks is an asset.
Skills
- Banking Operations
- Excel Macros
- Foreign Exchange Operations
- Trade Settlement
- SWIFT
- Nostro/Vostro Reconciliation
- Payment Investigation
- Payment Reconciliation
- Cash Flow Management
- Liquidity Management
- CAD Settlement
- Bank of Canada Operations
- Funding Operations
- Counterparty Bank Relations
- Risk and Controls
- Data Analysis
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Consulting
Keywords
- Real Time Rail
- Banking
- Cash Management
- Cash Flow Operations
- Excel Macros
- Foreign Exchange
- Trade Settlement
- SWIFT
- Nostro Accounts
- Vostro Accounts
- Payment Investigation
- Payment Reconciliation
- Cross-Border Payments
- CAD Settlement
- Bank of Canada
- Funding
- Liquidity Management
- Multi-Currency Operations
- LYNX
- Global Markets
- Corporate Treasury
- Front Office
- Global Middle Office
- Risk Management
- Internal Controls
- Counterparty Banks
- FX Conversion
- Bank Charges