Cash Management Operations Specialist
Valley National Bank · New York City, New York, US
Responsibilities include but are not limited to: - Monitor daily liquidity and report all incoming and outgoing transactions and cash balances to management....
Job description
Responsibilities include but are not limited to: - Monitor daily liquidity and report all incoming and outgoing transactions and cash balances to management. This includes coordinating with Loan and Treasury teams and other stakeholders to ensure adequate liquidity for daily operations. - Analyze cash flow patterns, identify areas of improvement, and recommend enhancements on cash flow efficiencies. - Execute daily supplementary funding to the clearing house and resolve any cash liquidity discrepancies. - Monitor cash positions on a regular basis to identify trends, potential risks, and opportunities for cash optimization. This may involve investigating any discrepancies or unusual activities. - Generates regular reports and analysis related to cash management activities such as key performance indicators (KPIs), KRIs, and SLAs. - Assist with extracting and compiling audit reports for external and internal auditors. - Perform User Acceptance Testing of the Functional Requirements for various online products and business processes. - Partner with external vendors, including the Federal Reserve Bank, Clearing House Chips, and Service providers to perform quarterly tests, system enhan...