VAM And LMS BSA
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Key Responsibilities
- Solution Design & Implementation: Lead the end-to-end deployment and configuration of VAM and LMS platforms for enterprise-level corporate clients.
- Cash & Liquidity Architecture: Design complex multi-entity, multi-currency, and cross-border sweeping, physical cash concentration, and notional pooling structures.
- Virtual Account Structure Setup: Help clients replace hundreds of physical demand deposit accounts (DDAs) with automated, hierarchical virtual sub-ledgers tied to a single master physical account.
- Reconciliation Automation: Configure virtual accounts to support automatic remitter identification, Payments on Behalf Of (POBO), and Collections on Behalf Of (COBO) to streamline client accounts receivable (AR) and accounts payable (AP).
- System Integration: Oversee system integrations via open APIs and SWIFT messaging (e.g., ISO 20022 formats like CAMT.053, MT940)
More about this job
Responsibilities
Lead the end-to-end design, deployment, and configuration of VAM and LMS platforms for enterprise clients, including complex cash and liquidity structures and virtual account hierarchies. Configure automated reconciliation and payment workflows, and oversee integrations using open APIs and SWIFT messaging formats.
Requirements
The role calls for mid-to-senior-level capability in implementing VAM and LMS platforms and designing enterprise cash and liquidity solutions. It also involves expertise in virtual accounts, reconciliation automation, and integrations using APIs and SWIFT messaging.
Skills
- VAM Platform Implementation
- LMS Platform Implementation
- Solution Design
- Cash Management
- Liquidity Architecture
- Cash Sweeping
- Physical Cash Concentration
- Notional Pooling
- Virtual Account Structures
- Reconciliation Automation
- Remitter Identification
- POBO
- COBO
- System Integration
- Open APIs
- SWIFT Messaging
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Technology
- Consulting
Keywords
- VAM
- LMS
- Enterprise Clients
- Cash Management
- Liquidity Management
- Multi-Entity Structures
- Multi-Currency Structures
- Cross-Border Sweeping
- Physical Cash Concentration
- Notional Pooling
- Virtual Accounts
- Demand Deposit Accounts
- Master Physical Account
- Virtual Sub-Ledgers
- Remitter Identification
- Payments On Behalf Of (POBO)
- Collections On Behalf Of (COBO)
- Accounts Receivable
- Accounts Payable
- System Integration
- Open APIs
- SWIFT
- ISO 20022
- CAMT.053
- MT940