Cash Operations - Vice President

About this role

The Vice President, Cash Operations is a senior operational leadership role responsible for the oversight, control, and integrity of cash processing and reconciliation activities across multiple products, accounts, and entities. The role ensures accurate cash positioning, timely break resolution, strong risk and control frameworks, and effective engagement with business, technology, risk, and finance stakeholders.

This role typically manages teams responsible for daily cash reconciliations (Nostro / internal / client cash), investigations, controls, and reporting, while driving automation, standardisation, and continuous improvement.

Cash Reconciliations & Controls

• Oversee daily, weekly, and monthly cash reconciliations across multiple currencies, accounts, and legal entities.
• Ensure timely identification, investigation, resolution, and escalation of cash breaks and reconciling items.
• Act as senior escalation point for material breaks, aged items, and operational issues.
• Maintain robust control frameworks, ensuring compliance with internal policies, audit requirements, and regulatory expectations. 

Operational Leadership

• Lead and develop cash operations / reconciliation teams, setting clear expectations, performance metrics, and quality standards.
• Review and approve work produced by teams to ensure accuracy, completeness, and appropriate commentary.
• Produce and present management information, KPIs, and risk reporting to senior stakeholders. 

Risk, Audit & Governance

• Partner with Risk, Compliance, Audit, and Finance on control testing, issue management, and remediation plans.
• Support internal and external audits and regulatory reviews, ensuring timely and accurate responses.
• Own and maintain policies, procedures, and documentation for cash operations and reconciliations. 

Process Improvement & Automation

• Drive process standardisation, automation, and system enhancements to improve efficiency, reduce manual intervention, and lower operational risk.
• Work closely with Technology and Product teams on new system implementations, upgrades, and change initiatives.
• Identify root causes of recurring breaks and implement sustainable fixes. 

Stakeholder Management

• Engage with senior stakeholders across Front Office, Treasury, Finance, Technology, Risk, and external banking partners.
• Provide subject‑matter expertise on cash flows, reconciliation processes, and operational risk.
• Represent the function in governance forums and project steering groups.

• Significant experience in Cash Operations, Reconciliations, Payments, or Transaction Banking within financial services.
• Strong understanding of cash flows, Nostro accounts, payment schemes (e.g. CHAPS, SWIFT, FPS, BACS).
• Proven experience leading operational teams and managing senior stakeholders.
• Strong risk and control mindset with experience supporting audit and regulatory interactions.
• Analytical, detail‑oriented, and comfortable working in high‑volume, time‑critical environments.
• Excellent communication skills with the ability to operate at VP / Executive level. 

• Degree in Finance, Accounting, Economics, or related discipline.
• Experience with reconciliation tools, payment platforms, and automation solutions.
• Prior experience in asset management, custody, investment banking, or large corporate banking.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.