Responsibilities
. Ensuring funding of Nostro accounts by timely and accurate communication of the balances to Treasurers
. Intraday real time cash flows monitoring through Central Bank tools or SG Payment system to meet the regulations
. Closely monitor the liquidity for regulated currencies
. Payment retention and prioritization to optimize the intraday overdraft limits with Nostro agents
. Monitor Time Specific obligations including CLS and ensure sufficient funding for timely settlements
. Treasury transfer between the main account and the sub accounts
. Intraday/Real time reconciliation & real time funding of Nostro accounts by closely liaising with back offices, middle office, correspondent banks and treasury desks
. Treasury/Nostro reconciliation between the bank statements and forecast/GL accounting entries to provide the status of Nostro accounts for treasurers to better manage the funding/liquidity and to back offices to take relevant action
. Cash break management – Allocation of cash breaks to the respective departments and return of erroneous credit to the correspondent banks
. Perform GL accounting on interest and fees accrued on Nostro accounts
Month end account and balance justification between GL and statement balances for accounts owned by the team
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