Head of Cash Operations (Private Banking/Wealth Management)

We are currently partnering with a global organization who offer banking operations services to a diverse range of international banks

They are looking to hire a Head of Cash Operations into their Operations team.

The Cash Operations team oversees the processing of cash remittances, FX/MM transactions, FX/MM derivatives, and the reconciliation of FX/MM confirmations. Additionally, the team manages secondary nostro account cash flows.

As Head of Cash Operations, this role will ensure operational efficiency and delivery of high-quality services to clients. The role involves optimizing processes, providing technical expertise, and supporting business growth through excellence in transaction processing and risk management.

This role will be responsible for the following:

• Lead and manage Asia Cash Operations, serving as part of the Asia Operations leadership team.
• Ensure operational efficiency, excellence, and low levels of operational risk.
• Align the Cash Operations team with broader Operations and company objectives.
• Act as the escalation point for Asia-based clients on all cash operations matters.
• Drive cross-border collaboration between Europe and Asia teams.
• Lead Operations projects and initiatives as required.
• Enhance client service standards and contribute to improved client satisfaction and ratings.
• Identify and propose value-added solutions to improve profitability.

To be eligible for this role you will require:

• At least 10 years of experience in cash and FX/MM processing, including a minimum of 5 years in people management.
• Bachelor’s degree or professional qualification in Banking/Finance.
• In-depth knowledge of financial products such as remittances, FX/MM, FX/MM derivatives (e.g., exotic options, IRS, CCS, OIS, REPO), market infrastructure, regulations, and operational risks related to trade processing and settlement.
• Familiarity with SWIFT message types.

Please contact Michael Durkin on +65 8894 1963 or email your cv directly in word format with job reference no. JOB-14127 to [email protected]

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

EA License: 16S8131

Recruiter License: R2090716