Treasury Management Associate II Job Listing at City National Bank in Los Angeles, CA (Job ID 66280)

Description

If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.

The Opportunity

As a member of City National's Treasury Management Solutions group, you will make a difference by delivering integrated technology solutions to help clients more efficiently manage their businesses and working capital. This group drives and supports the bank's cash management products and services that won City National four of its 11 Greenwich Excellence Awards in 2018.

The Responsibilities

• Perform day-to-day cash disbursement functions according to Firm standards
• Maintain close communication with agent banks and business units to ensure smooth payment execution
• Handle cash disbursement enquires and internal investigation
• Providing Funding Support to Treasury across all product lines including Fixed Income, Money Market, Derivative, Structured Product, Broker dealer, Loans and other trading groups
• Validating projected balances and confirming real time positions including intraday liquidity
• Analyzing cash positions, general ledger and balance sheets of trader's portfolios to ensure appropriate funding
• Ensuring correct cost of carry allocation applied to respective business lines
• Communicating with various departments of the bank regarding positions, specific transactions and related cash movements Interfacing with multiple front office areas regarding daily cash requirements and balances
• Providing assistance to traders regarding late trades/position management for all in scope currencies, supporting the Global FX initiative

The Qualifications

• Accounting principles
• Microsoft Office
• PC for Windows SAP software
• Comply with Bank and Industry Codes of Conduct
• Accounting principles and transactions
• Administration by attending educational workshops ERP platforms

This is the pay range that Magnit reasonably expects to pay for this position: $24.27/hour - $26.00/hour

Benefits: Medical, Dental, Vision, 401K