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Cash Desk Associate

Date Posted: 4/3/2020

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Job Description

Global Financial Investment firm in Newport Beach, CA  is looking for:
The Cash Desk is responsible for managing cash in client accounts. The team works closely with the Portfolio Management Group to determine cash needs and either invests excess cash or raises cash to facilitate purchases. The Cash Desk has direct interaction with Portfolio Managers, Account Managers, Clients, Sand Custodian Banks. 


* Monitor the cash management process with its multiple adjustments and iterations throughout the day 
* Work with the Short Term traders to ensure accurate investment of excess cash and execution of the necessary funding actions for cash shortfalls and liquidity raising 
* Review ways to enhance current reports and tools through increased automation 
* Generate and analyze daily management and audit reports for Cash Flow Reporting and Cash Forecasting 
* Work with Clients, Account Managers, and Portfolio Management Group in regards to client directed cash contributions and withdrawals 
* Recognize areas of potential risks within the current processes and procedures and make necessary changes to mitigate those risks 
* Work with custodians and accounting group in reconciling cash balances and resolving discrepancies 
* Provide accurate and timely responses to the multiple ad hoc queries we receive daily from diverse internal and external stakeholders 

* Bachelor's Degree required, preferably within a major in Business, Finance, or Economics 
* Minimum 2 years of professional experience within Financial Services, Asset Management, Operations or Accounting 
* Intermediate Microsoft Excel skills (e.g., v-Lookup, formulas, writing/running macros, VBA) 
* Strong accuracy and attention to detail 

* Prior cash management experience desirable 
* Understanding of trade flow and trade processing 

* Excellent communication (verbal and written), facilitation, and interpersonal skills, including the ability to face off across all levels of an organization 
* Quick learner and adaptable to learn new processes, concepts, and skills 
* High emotional intelligence, flexible, and resilient 
* Highly motivated self-starter with the ability to work collaboratively and independently 
* Demonstrated competence in thinking strategically, analytically, conceptually, and innovatively, including the ability to synthesize and analyze data 
* Experience working with global teams in different time zones 
* Ability to multi-task, work in a demanding, fast paced environment and handle multiple, competing priorities and projects with high quality output 
* A hands-on practitioner with the ability to shift between operational and strategic mindsets 
* Demonstrated ability to navigate unstructured processes and simultaneously manage responsibilities of multiple-concurrent work streams and competing demands

We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
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Job Snapshot

  • Employee Type:Full-Time
  • Location:Newport Beach, CA
  • Job Type:Finance
  • Experience:Not Specified
  • Education:Not Specified
  • Date Posted:4/3/2020
  • Contact: Karen Maag (714) 929-1310
  • Pay Range: $30.00 - $45.00 Hourly
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Job Reference: JO-1906-61734