Cash Management Banking Specialist
7 days ago
**Duties and Responsibilities**
- Processes customer transactions accurately of all deposits, transfers, withdrawals, and other transactions in accordance company policies, procedures and regulatory requirements.
- Research any banking issues on behalf of our business units
- Help maintain desk top procedures to keep them current
- Help with system administration for online banking portals
- Services and maintains a wide range of deposit operations and electronic services including account transfers, wires and ACH.
- Attending to wiring confirmation queries
- Assists with banking product setup and maintenance.
- Assists with official transaction inquires and errors.
- Assists in vendor due diligence, maintaining permanent vendor docs and agreements and preparation of 1065 filing
- Assists in changes to online banking account setup.
- Processes ACH
- Assists with Check returns.
- Provides support to management and accounting staff for operations related account access and permissions
- Conducts the reconciliation of all of operations cash and LOC related General Ledger accounts.
- Conducts recalculation audits for all interest-bearing account types.
- Conducts product level interest rate reviews for out-of-range anomalies on all product types.
- Conducts weekly cash management reports for Avana and Extensia
- Conducts LOC usage and prepares requests for additional funding and repayments as necessary
- Maintains register of funding transfers from onshore to offshore
- Adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies
**Required Education and Qualification**
- College degree or equivalent work experience, preferably in accounting
- A broad knowledge of bank products and services
- Familiarity with electronic banking services.
- The skills and aptitude to learn how to access and maintain existing and future electronic banking platforms.
- Good investigative, analytical, and problem-solving skills.
- Familiarity with the reconciliation of deposit operations accounts, including researching differences.
**Desired Characteristics**
- Positive and professional attitude
- Self-motivated
- Team oriented, demonstrates a willingness to assist other members of the company
- Accuracy and strong attention to details
**Job Types**: Full-time, Permanent
Ability to commute/relocate:
- Manama: Reliably commute or planning to relocate before starting work (required)
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