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Phaxis · 13 hours ago

Cash Management Associate I

Los Angeles, CA

Contract

Onsite

New Grad, Entry Level

Phaxis is seeking a dedicated individual to join their team as a Cash Management Associate I. The role involves performing critical cash management functions, including cash disbursement activities and maintaining effective communication with various stakeholders.

DeliveryHuman ResourcesStaffing Agency

Responsibilities

Perform day-to-day cash disbursement functions according to firm standards

Maintain close communication with agent banks and business units to ensure smooth payment execution

Handle cash disbursement inquiries and conduct internal investigations

Provide funding support to treasury across all product lines, including Fixed Income, Money Market, Derivative, Structured Product, Broker dealer, Loans, and other trading groups

Validate projected balances and confirm real-time positions, including intraday liquidity

Analyze cash positions, general ledger, and balance sheets of trader's portfolios to ensure appropriate funding

Ensure correct cost of carry allocation is applied to respective business lines

Communicate with various departments regarding positions, specific transactions, and related cash movements

Interface with multiple front office areas regarding daily cash requirements and balances

Provide assistance to traders regarding late trades/position management for all in-scope currencies, supporting the Global FX initiative

Qualification

Accounting principlesSAP softwareMicrosoft OfficeTreasury managementProfessional development

Required

Experience in treasury management and call center operations