Senior Cash Management Specialist (12 month FTC)

We’re currently looking to hire a Senior Cash Management Specialist to join L&G Asset Management on a 12 month Fixed Term Contract. 

As Senior Cash Management Specialist you will have senior oversight of the outsourced functions for Cash & Stock reconciliations, overdrafts, interest claims & other cash related functions. Working collaboratively within the team, demonstrating flexibility and adaptability, delivering excellent client service. 

What you’ll be doing:

• Develop and improving a strong reconciliation oversight function leveraging Data and MI
• Liaising daily with internal teams and external counterparties to address general cash‑related queries
• Owning and resolving high‑value, high‑risk, and sensitive client breaks in an accurate and timely manner
• Overseeing the outsourced overdraft processes and improving overdraft monitoring to reduce overdrafts and associated costs, as well as managing interest claims for fails, overdrafts, and CSDR penalty fees
• Ensuring adherence to relevant guidelines and regulations, including ISITC, CSDR, and CASS
• Managing tasks end‑to‑end, investigating and resolving issues, and reporting inconsistencies as appropriate
• Reviewing processes to identify potential improvements, ensuring a well‑controlled environment and a reduction in errors
• Supporting the team with resolving day‑to‑day operational issues and addressing anomalies to ensure elevated customer service and accurate transactions

Who we’re looking for:

• Proven cash management experience within either a lead or senior Middle Office or Operations role
• Familiar with an Outsource provider Operating Model
• Experience of challenging working practices and adaptability to change
• Proven ability to leverage AI tools to improve efficiency, automate tasks, enhance analysis, and deliver accurate, high-quality management reporting and to understand issues and assist with finding innovative solutions to problems 
• Custody/Nostro reconciliation experience 
• Evidence of effective working relationships with stakeholders and excellent communication skills both verbally and written
• Understanding of relevant guidelines and regulations
• Knowledge of an Order Management system i.e. Charles River, would be an advantage

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
• There are many discounts we offer – both for our own products and at a range of high street stores and online
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. 

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.