30 Sep
|
Ku0026K Global Talent Solutions
|
Toronto
30 Sep
Ku0026K Global Talent Solutions
Toronto
Position: Liquidity Management Systems (LMS) and Virtual Account Management (VAM) BSA
Location: Toronto, ON (Hybrid)
Employment Type: Full time
Total Experience: 8-10 years
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)
📌 Liquidity Management Systems (LMS) and Virtual Account Management (VAM) BSA
🏢 Ku0026K Global Talent Solutions
📍 Toronto