State Street
Chennai, Tamil Nadu, India Posted 5d ago
We are seeking an experienced Senior Associate in Investable Cash Team responsible for ensuring timely and accurate processing of Cash deliveries, Sweep, Payments and optimizing cash management for our clients at State Street. As a key member of the team, you will play a critical role in maintaining our high standards of operational excellence and client satisfaction.
Key Responsibilities
Coordinate with client service team or directly to client to ensure seamless cash delivery.
Maintain accurate records and reports to ensure compliance with regulatory requirements.
Analyze and predict cash inflows and outflows to ensure accurate cash forecasting and optimal liquidity management.
Manage sweep accounts to optimize cash concentration, minimize idle balances, and maximize investment opportunities.
Receive, verify, and process incoming and outgoing wire transfers, ensuring timely and accurate settlement.
Reconcile cash positions across multiple accounts and systems to ensure accuracy and integrity.
Monitor and manage overdrafts to minimize fees and ensure compliance with regulatory requirements.
Process and verify cash Deliveries, DDA recon, Day to day overdraft monitoring, money movements, and payments.
Requirements
Graduation in Commerce.
Minimum 2 year of experience as a Senior Associate in State Street.
Strong critical thinking, problem solving, and decision making skills.
Knowledge of MCH and IMT.
