Operations Manager, Cash and Liquidity Management
Northern Trust
full-time
Posted on:
Location: 🇦🇺 Australia
Visit company websiteJob Level
Mid-LevelSenior
About the role
- Manage the Bank's balances and intraday liquidity flows supporting Treasury front office.
- Establish and maintain a solid control environment adhering to regulatory framework and reporting obligations to the Reserve Bank of Australia.
- Manage a small team working closely with the Treasury desk in forecasting and intraday related activities and escalate appropriately.
- Provide day to day oversight activities delivered in line with regulatory requirements.
- Effective intraday liquidity management of Central Bank activities.
- Accurate forecasting and currency management within target limits considering credit impact.
- Manage relationship with RBA and represent Northern Trust in industry working groups.
- Oversight of funding of Central Securities Depositaries and Sub Custodians.
- Advise business unit senior management on regulatory implications.
- Implement procedures and processes to ensure regulatory compliance and reporting requirements.
- Act as subject matter expert providing in-depth consulting and leadership to partners.
- Proactively identify opportunities to strengthen the control environment and close gaps by implementing process/procedure changes.
- Build relationships with Treasury, Credit and Finance teams globally.
- Develop the team, including appraisal, compensation planning and succession planning.
- Implement systems, processes, and projects for liquidity management operations, including digital transformation and STP automation.
- Own accounts and key controls as appropriate and partner with Corporate Treasury on strategic plans.
- Manage relationships with internal and external auditors and remediate findings related to Cash & Liquidity Operations.
Requirements
- Strong knowledge of Cash & Liquidity related activities
- Good understanding of Australian and regional market practices, regulations, and requirements in respect to cash management, payments, trade, and other custody operations functions.
- Knowledge of regulatory frameworks across key financial markets.
- Experience designing, executing, and overseeing operational processes to meet organisational, market and regulatory requirements.
- Exposure to back and middle office functions within custody or supporting Treasury.
- Leadership and organisational skills.
- Initiative to independently accomplish tasks and make decisions.
- Analytical/problem solving through organisation and time management.
- Ability to build strong internal and external network to assist in the timely resolution of issues.
- Manage multiple priorities considering client impact, timeframe complexity and risk.
- Ability to represent Northern Trust in external meetings and the client in internal meeting.
- Excellent oral and written communication skills.
- Excellent influencing and negotiation skills.
- Experience managing a small team and working closely with a Treasury desk.
- Experience with regulatory reporting obligations to the Reserve Bank of Australia (RBA).