29 Sep
|
AceStack
|
Toronto
Job Role : Business System Analyst - LMS / VAM Specialist
Location : Toronto ON
Experience: 8 – 10 years of experience
Job Type : Full time Permanent
Salary range : CAD $85 K Base +Benifts.
Total Experience: 8-10 years
Role Description
- In corporate and transaction banking, LMS (Liquidity Management System) and VAM (Virtual Account Management) are core technology platforms and product suites.
- They enable large corporate clients to consolidate physical bank accounts, manage complex cash positioning, and automate real-time payment reconciliation.
- A (JD) containing these terms typically targets roles like Business Analyst, Product Manager, Solution Architect, Technical Lead, or Implementation Specialist within a bank’s Transaction Banking or Cash Management Technology division.
Standard Template: LMS & VAM Banking Specialist
Position Overview
- We are seeking an experienced LMS / VAM Specialist to drive the delivery, implementation, and optimization of our Liquidity Management Systems (LMS) and Virtual Account Management (VAM) corporate platforms.
- In this role,
you will bridge the gap between corporate treasury client requirements and our underlying transaction banking core technology.
- You will build scalable, next-generation liquidity sweeping, pooling, and virtual sub-ledgering solutions.
Key Responsibilities
- Solution Design & Implementation: Lead the end-to-end deployment and configuration of VAM and LMS platforms for enterprise-level corporate clients.
- Cash & Liquidity Architecture: Design complex multi-entity, multi-currency, and cross-border sweeping, physical cash concentration, and notional pooling structures.
- Virtual Account Structure Setup: Help clients replace hundreds of physical demand deposit accounts (DDAs) with automated, hierarchical virtual sub-ledgers tied to a single master physical account.
- Reconciliation Automation: Configure virtual accounts to support automatic remitter identification, Payments on Behalf Of (POBO), and Collections on Behalf Of (COBO) to streamline client accounts receivable (AR) and accounts payable (AP).
- System Integration: Oversee system integrations via open APIs and SWIFT messaging (e.g., ISO 20022 formats like CAMT.053, MT940)
📌 Business System Analyst - LMS / VAM Specialist : Toronto ON (Hybrid) : Full time
🏢 AceStack
📍 Toronto