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Senior Associate - Cash Management - Dealing and Treasury

Banking Enquire

Type:

Full Time

Full Description

SENIOR ASSOCIATE - CASH MANAGEMENT - DEALING & TREASURY

Company
Stonehage Fleming is one of the world’s leading independently owned family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration. Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to over 250 families of wealth. The Group employs over 560 people in 11 offices in 8 jurisdictions around the world.

Working Relationships
The role reports to Head of Dealing and Treasury Support (DTS) in Jersey. The role involves close and regular interaction with Stonehage Fleming Relationship and investment managers, external Trusts/Directors/Investment Managers and SFDTS partner banks.

Overall Purpose
The individual will be responsible for identifying, analysing, selling and managing the SFDTS Cash Management Offering and other SFDTS services. Working closely with both external and internal relationship managers, UHNW clients, introducers and investment managers in order to attract new cash to SFDTS and assist our clients in achieving there short term cash returns. Continually evaluate the efficiency of SFDTS operational controls and procedures and maximize productivity and generate additional income to SFDTS. Ideal candidate should be analytical, innovative, professional, organized and works well on their own and as a member of an Investment Business team.

Principal Elements & Accountabilities

Contributes to cash management growth and to meet the strategies and goals determined by SFDST.
Generate additional revenue from the sale of cash management offering to both SF Group clients and external parties.
Meeting client liquidity needs whilst diversifying bank risk.
Identify suitable interest products that will generate additional cash returns for SFDTS clients.
Establishing and maintain a close working relationship with present SFDTS partner banks and identify potential financial institution that can augment the SFDTS partner bank pool
Strong written and verbal communication skills
Have strong business development skills
Ensuring that cash management team adheres to internal policy and procedures and system controls
Revising and maintaining policies and procedures of cash application in ensuring that they meet changing business requirements
Have a good understating of AML/CDD regulations to ensure SFDTS attracts the right type of client that our partner banks allows in a “pooled” account relationship we have with them.
Investment and Banking.
Have a good understanding of equity, fixed income, mutual fund and FX trading to assist the other services offered by SFDTS when required.
Works closely with both SF Group clients , external parties and SF employees · Solidify customer retention by providing a superior level of customer service and return on cash for SFDTS clients.
Responding to requests for proposals, assessing customer liquidity and yield requirements in meeting their investment strategies.
General Family Office Awareness.
Become familiar with all the other services offered by the SF Group and encourage cross selling of services.

Qualifications and Experience

Desired Investment Qualified to provide discretionary services (Cash Management) and deal execution only.

Competencies and Behaviours

Planning & Organizing: Strategic and Day-To-Day management of the Cash Management Offering
Communication skills: interpersonal, presentation, representation, written communication, client reporting
Relationship building: client relationship deepening, broadening, making the most of the relationships both externally and internally
Team work: Ability to work with many different kinds of people at different levels with varying characters
Action Orientation: Ability to drive things, motivate and influence to ensure that objectives are achieved
Accuracy & Productivity: Accurate work to deliver a superior Cash Management offering
Adaptability & Flexibility: To be able to understand different people’s roles , developing understanding for appropriate collaboration with all parties and adapt to changes in the interest rate market and increase yield on client cash held with SFDTS
Problem solving / decision making: Ability to find own solutions, adding value to the decision making process while considering all relevant aspects ,Taking ownership of issues and problems when they arise.

If you would like to apply for this opportunity please email your CV to our Recruitment Inbox - jersey.recruitment@stonehagefleming.com, where your application will be processed by our HR Team accordingly.