Cash Management Associate I Job Listing at City National Bank in Los Angeles, CA (Job ID 99938)

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 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

• Call center experience minimum 1year
• Treasury management minimum 1year
• Accounting principles
• Microsoft Office
• PC for Windows
• SAP software
• Comply with Bank and Industry Codes of Conduct
• ERP platforms

This is the pay range that Magnit reasonably expects to pay for this position: $15.00/hour - $19.00/hour

Benefits: Medical, Dental, Vision, 401K