QUANTEAM – North America (RAINBOW PARTNERS Group) Looking for MONTREAL [HYBRIDE] – Cash Management Analyst at Greater Montreal Metropolitan Area Full Time

Cash Management Analyst

WHO WE ARE

Quanteam is an independent Financial Markets consulting company based in France, the UK, the USA, Canada, and Morocco. Our team of 800 employees supports Corporate and Investment Banks, Asset Management Companies, Insurance, and corporations for their projects in SI transformation, technology innovation, financial engineering, and regulatory implementation.

We are hiring a Cash Management analyst to work with one of our clients based in Montreal. We are looking for an intermediate Cash Management analyst with at least three years of experience.

MISSION:

The objective of the team is to facilitate the daily operations and corporate bank units, expediting their overall transformation. It set itself apart from competitors by implementing agile transformation at a rapid pace, instilling a culture of technology and data, streamlining decision-making processes, and embracing a true industrial approach. This involves collaboration among various teams, whether cross-functional or aligned with specific sub-business units.

Within the team, the Funding Support, Funds Transfer, and teams offer comprehensive support spanning the Americas and global entities. Their mission is to provide efficient and high-quality services to both internal and external clients in Payment, and Treasury Support functions. Operating as a cross-functional group supporting diverse teams, they deliver essential services for managing the bank’s treasury and liquidity activities. The goal is to embody business principles while meeting the requirements of front office business lines and their clientele.

The Payment Support team is tasked with delivering back-office support for the Retail Banking unit. Collaborating closely with the Retail Banking Client Service team, this support team oversees daily payment activities, including client investigations, account reconciliations, client audit requests, and cash-clearing services.

Responsibilities:

Your responsibilities include, but are not limited to, the following:

· Process all payments in the Operations Payment application queue on behalf of clients. This involves a four-eye process where one staff member initiates the processing, and another staff member reviews and releases it.

· Conduct a daily reconciliation of General Suspense Breaks by exporting information from the broken tool to an Excel spreadsheet. Research new suspense breaks to determine if there is an existing case in the Payment Application. Update the Excel spreadsheet with case numbers for new breaks, if available, and share it with CST to create cases for new breaks where none exist. Update the break tool with notes for new cases, including Payment Application case numbers, the type of case, and the CST owner.

· Review emails from the Quality and Control team for breaks related to DDA/LSA Cash accounts and Cash Control Accounts. Email DDA/LSA Cash account breaks to CST, DFIN, and IT, particularly those resulting from timing issues in posting to the Accounting General Ledger system and Cash General Ledger amounts. Sort the Cash Control Account Break Report for GTB breaks, as the report covers all business lines. Research breaks for Cash Control accounts using Payment Application and Montran to identify if they are GTB-related and provide a report to CST with relevant information.

· Check the audit confirmation platform regularly to identify clients who have requested balance information. Populate the information and reassign it to the next step, the CST team.

· every week, update the break report for all breaks over 30 days provided by QTY, including Macro and Micro causes, and return the updated report.

· every month, the team is responsible for certifying and validating General Ledger accounts owned by the team in the Balance Certification Tool.

· Provide monthly Key Risk Indicators (KRIs) to management.

Profile:

· Knowledge of OPER payment processes.

· Knowledge of Swift payment message types.

· Ability to analyze, observe, streamline, and implement process changes.

· Familiarity with Swift, Montran,and PEGA.

· Strong PC skills and use of Microsoft product suite.

Education:

· Bachelor’s degree in computer science, DEC, or equivalent technical Certifications

Languages:

· English