Raymond James Financial, Inc

Senior Manager, Payments & Cash Management

Raymond James Financial, Inc$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in payment operations or treasury management
  • Experience with wire and ACH processing
  • Knowledge of cash positioning and bank management
  • Familiarity with broker-dealer regulatory requirements
  • Proven record in process improvement and automation
  • Strong analytical skills and problem-solving capabilities
  • Leadership experience in finance or banking environments

Responsibilities

  • Lead payment execution for various transaction types
  • Oversee fraud verification and approval workflows
  • Manage payment investigations and operational resolutions
  • Coordinate efforts for fraud recovery with banks
  • Ensure adherence to payment controls and compliance
  • Support cash positioning and liquidity management
  • Drive team performance and process enhancements

Benefits

  • Medical, dental, and vision insurance
  • Life and critical illness insurance
  • Disability benefits
  • Retirement savings plans
  • Paid time off and parental leave
Full Job Description
Job Description Summary
The Senior Manager, Payments & Cash Management leads the firm's payment execution activities in close partnership with colleagues in Treasury. The role oversees end-to-end payment operations, including investigations, inquiry management, and fraud controls, while supporting daily cash positioning, intraday liquidity visibility, and funding coordination. This leader maintains a strong control environment, drives process improvement and automation, and develops a high-performing team within a regulated financial services environment.

Job Description

Essential Duties and Responsibilities:
  • Lead end-to-end payment execution for wires, ACH, and internal transfers, ensuring timeliness, accuracy, and control adherence
  • Oversee wire operations, including template governance, fraud verification, and exception management
  • Direct payment investigations, corrections, and resolution of operational breaks
  • Manage payment inquiries and escalations, ensuring timely research, communication, and issue resolution
  • Coordinate fraud recovery efforts, including SWIFT recalls and other return-of-funds processes
  • Maintain strong payment controls, approval workflows, and compliance with internal policies
  • Support daily cash positioning and liquidity allocation across entities and bank accounts
  • Partner within Treasury on intraday liquidity monitoring, funding coordination, and cash visibility
  • Operate within defined escalation protocols, liquidity limits, and control frameworks
  • Lead, coach, and develop a team of Treasury professionals
  • Drive process improvement, automation, and control enhancements
  • Partner with Operations, Technology, and Regulatory teams to resolve issues and improve data integrity
  • Oversee governance of payment systems, treasury platforms, and external banking relationships


Knowledge, Skills, and Abilities:
  • Deep knowledge of payment operations, including wires, ACH, internal transfers, and related workflows
  • Strong understanding of payment controls, fraud prevention, and investigation processes
  • Working knowledge of cash positioning, liquidity drivers, and funding coordination
  • Familiarity with broker-dealer regulatory requirements, including 15c3-1 and 15c3-3
  • Strong analytical and problem-solving skills to resolve payment issues, cash breaks, and variances
  • Experience leading process improvement, automation, and control enhancement initiatives
  • Strong organizational skills and ability to manage competing priorities in a time-sensitive environment
  • Effective leadership, collaboration, and communication skills


Educational/Previous Experience Requirements:
  • 7+ years of experience in payment operations, treasury operations, cash management, or a related field
  • Experience leading wire and ACH processing in a controlled operating environment
  • Experience with cash positioning, bank account management, and external bank relationships
  • Experience with treasury systems, payment platforms, and bank connectivity solutions
  • Experience in a financial services, broker-dealer, or banking environment


Licenses/Certifications:
  • SIE and Series 99, or ability to obtain within 120 days of hire


Education
Bachelor's: Accounting, Bachelor's: Business Administration, Bachelor's: Finance

Work Experience
General Experience - 10 to 15 years, Manager Experience - 6 to 10 years

Certifications
Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Travel
Less than 25%

Workstyle
Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ

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