Associate,Cash Funding

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The Business

The Role

Join us as an Associate, Cash Funding who will be responsible for ownership of issues with ability to co-ordinate stakeholders to reach a solution. Flexible with a positive attitude to change. Professional attitude and ability to influence and educate others, confident and mature business manner

What the Business Does

 

The business is responsible for funding RBS group Nostro and Security Linked cash accounts to ensure that sufficient funds are available for the timely settlement of trading activity on value date in the local markets, whilst striving for operational excellence through globally consistent and efficient processes.  This role is working within a newly created team of 13 people in Gurugram following the transition of roles from UK.

 

Your Responsibilities

As an Associate, you will have the following responsibilities:

 

  • Currency funding for G11 & emerging market currencies
  • Securities linked and nostro account funding and monitoring
  • Credit line monitoring
  • Balance reconciliation, substantiation, investigation and reporting
  • Work with Cash Funding Post Value Analysis team to ensure correct balance distribution and cost allocation for shared nostros.
  • Work with network management team to review the service of our domestic agents and in reporting or investigating problems.
  • Provide support to change programmes impacting Cash Funding.
  • Use initiative and experience to challenge existing practices and processes.
  • Increase profile of the funding team across the business.
  • Engage and educate stakeholders on funding processes, interactions and impacts.Strict management control of team mailbox responding to queries within internal SLAs. Work with Cash Funding Product Management to ensure new business is on-boarded with maximum efficiency and control.
  • Work with the Front Office to improve communication, understanding and processes. Review and adapt procedures to changing requirements and conditions. Workflow supervision support.

 

The Skills You’ll Need

In order to be successful in this role, you must have the following skills & experience:

  • Banking/Treasury operations experience
  • Front to back banking knowledge.
  • Ability to work in an intra-day deadline driven role
  • Project delivery experience
  • Awareness of controls and operational risk
  • Good Microsoft skills, particularly Excel
  • Knowledge and experience of Fixed Income, Equities and/or Derivatives business 
  • Good system knowledge (including Euclid, Intellimatch, TLM)
  • Experience of Nostro funding and reconciliation
  • Treasury knowledge
  • SWIFT payment experience

 

Why RBS?

 

RBS doesn’t just provide you with an exciting work and a generous pay package. We take pride in ensuring your personal and professional development are first & foremost. You will have access to a range of development and learning programs, services and support designed to help you manage and balance your work/life priorities.

Whether its retirement planning, supporting a charity close to your heart or taking care of your well-being, RBS makes sure you are taken care of. For more information on our benefits, please visit our website.

 

At RBS, our purpose is to serve customers well. We serve around 24 million customers across the globe, and our aim is to consistently meet their needs wherever they find us.  Our ambition is to become the UK’s number-one bank for customer trust, service and advocacy by 2020. Our global workforce is integral to helping us achieve this goal.

 

With colleagues across 5 main states, and connected across-the-globe by common values and a unified ambition, RBS India delivers vital bank functions that help us offer truly round-the-clock support to our UK customers, and 24/7 banking to our international customers.

 

RBS welcomes applications from all sections of the community.

 
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