Manager, Cash Management

Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

This position shall support the management of the Cash Management daily operations by ensuring accurate and timely processing of cash management related transactions and processes on a daily basis, following and complying to the applicable internal company policies, guidelines and standard operating procedures.

Cash & Liquidity Management and Trade Settlement

• Perform daily reconciliation of payments and receivables, including trade matching and exception handling
• Create and process domestic and cross-border payments daily.

• Manage intercompany financing records and perform monthly interest recalculations using TMS, bank portals, and Excel.

• Execute daily settlement of securities (e.g. commercial paper, reverse repos and other treasury products) and related fund transfer processes

Market Data & Analytics

• Source and validate market data from providers' platform daily.
• Monitor FX and interest rate movements.
• Conduct Independent Price Verification (IPV) for derivatives semi-annually using market data provider platform.
• Generate treasury dashboards and committee reports monthly

Treasury Management System Operations

• Monitor SWIFT/H2H bank statement incoming status. Perform completeness checks and liaise with various counterparties for issue/ query resolution.
• Configure bank statement converter, prepare and submit statement file for bank accounts that are not on SWIFT network.
• Liaise with internal counterparts to resolve connectivity issue to downstream system.
• Upload Investment and FX trades into Treasury Management System (TMS).
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• Run daily counterparty risk monitoring processes for the Region and produce reporting and liaise with our business units across the region as required.
• TMS static data maintenance and system configuration and support TMS implementation for new Local Business Unit onboarding or system enhancement.
• System query resolution from Local Business Units' users.
• Manage the administrative matter related to bank accounts, including accounts opening & closing, authorized signatories update, etc.
• Maintain SOPs and support audit requests related to treasury operations.
• Identify process gaps or improvement opportunities.
• Perform any ad hoc and administrative tasks as and when required by the Management.

Reporting

• Ingest and manage cash and cash equivalent data in Power BI.
• Consolidate and report service KPIs.

• Collect and analyze bank fee data for reporting on semi-annually basis.

• Gather and report securities and bank data for management reporting.

• Run daily counterparty exposure reports, leveraging TMS, bank portals, and Excel
• Contribute to the preparation of monthly interest forecasting model

Treasury Accounting & Compliance

• Maintain audit trails and documentation
• Support quarterly compliance reporting and bond compliance activities

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.