At a Glance
- Tasks: Lead cash management operations and drive innovative solutions in a dynamic financial environment.
- Company: Join BNY, a top global financial services company known for innovation and collaboration.
- Benefits: Competitive pay, flexible resources, generous leave, and a focus on wellbeing.
- Other info: Be part of a culture that values growth, excellence, and community impact.
- Why this job: Make a real impact in finance while working with cutting-edge technology and talented teams.
- Qualifications: Bachelor's degree in Finance or related field; strong leadership and analytical skills required.
The predicted salary is between 72000 - 108000 £ per year.
At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
We're seeking a future team member for the role of Vice President, Cash Management Manager to join our Liquidity Operations team. This role is located in Manchester, UK.
In this role, you'll make an impact in the following ways:
- Oversee Liquidity Operations: Lead the daily management of the bank's cash and liquidity positions across currencies and entities, ensuring sufficient intraday and end-of-day liquidity to meet payment obligations, settlement activity, and regulatory buffers. Drive operational excellence, risk control, and continuous improvement while partnering closely with Treasury, Markets, Payments, and Technology.
- Intraday Liquidity Management: Monitor real-time cash positions across RTGS systems and correspondent accounts; allocate funding efficiently to meet time-critical payments, CLS settlement, and market cut-offs.
- End-of-Day Liquidity & Forecasting: Oversee end-of-day funding, buffer maintenance, and liquidity forecasting; validate drivers of cash flows (clearing, custody, FX, corporate actions) against projections.
- Payment & Settlement Operations: Manage high-value payments, reconciliations, and exception handling; address settlement fails and liquidity gridlocks across SWIFT/RTGS networks.
- Incident Management: Lead triage for liquidity-impacting incidents (e.g., RTGS outages, correspondent delays); run playbooks, communicate status, and drive post-incident reviews.
- Data & Analytics: Monitor and improve the health of the Cash Management team using KPIs, track intraday flows, throughput, and bottlenecks; deliver MI packs and insights to senior stakeholders.
- Drive AI adoption: Identify high-impact use cases (e.g., intraday cash forecasting, anomaly detection on payment flows, exception triage), drive the creation of digital agents, partner with Technology to pilot models, embed them into workflows, measure outcomes (throughput, STP rate, break reduction, time-to-release), and scale responsibly in alignment with enterprise AI governance and risk controls.
- Change & Optimization: Sponsor automation, straight-through processing, and process reengineering; collaborate with Technology and Operations for platform upgrades and resiliency.
- Stakeholder Management: Partner with Front Office, Treasury, Risk, Compliance, and external counterparts (central banks, correspondents, market infrastructures); provide timely updates and decisions.
- Governance & Documentation: Maintain SOPs, control inventories, desk procedures, training materials; support audits and regulatory exams.
- Team Leadership and Development: Mentor and guide team members, fostering a collaborative environment that encourages professional growth and adherence to BNY's principles.
- Strategic Planning: Collaborate with senior leadership to align cash management strategies with BNY's organizational objectives and strategic pillars.
To be successful in this role, we're seeking the following:
- Bachelor's degree in Finance, Business Administration, or a related field.
- Advanced degree or professional certifications (e.g., CFA, CPA) is preferred.
- Strong leadership and team management capabilities.
- Expertise in transaction processing and cash management.
- Excellent analytical and problem-solving skills.
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Vice President, Cash Management Manager in Manchester employer: BNY Mellon
At BNY, we pride ourselves on fostering a culture of innovation and collaboration, making us an exceptional employer for those seeking to thrive in the financial services sector. Located in Manchester, our team enjoys access to cutting-edge technology and a commitment to employee growth through mentorship and professional development opportunities. With competitive compensation, generous benefits, and a focus on work-life balance, BNY is dedicated to empowering its employees to make a meaningful impact in the world of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Cash Management Manager in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BNY Mellon. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Vice President, Cash Management Manager in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BNY Mellon.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BNY Mellon's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BNY Mellon
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BNY Mellon.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BNY Mellon will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BNY Mellon employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
