Description
SENIOR LIQUIDITY ANALYST WHAT IS THE OPPORTUNITY? As part of Corporate Treasury at CNB, the Senior Liquidity Analyst will be responsible for supporting the liquidity reporting needs and analytics at the bank, including Liquidity Coverage Ratio, Internal Liquidity Stress Testing, Net Stable Funding Ratio, and 2052a. Also supports data needs and analysis stemming from business needs, 2nd line and audits requests. Maintains and documents the bank's liquidity assumptions and the support for production and annual requirements including the testing of the contingency funding plan. What you will do
Provide research and analytical support on liquidity risks relating to the bank's business activities, regulatory requirements and enterprise governance framework.
Liquidity Reporting and Validation: Includes monthly production runs and validation of results for liquidity stress scenarios and standalone reporting needs when City National Bank ("CNB") surpasses regulatory compliance thresholds. Also encompasses emergent needs in intraday reporting and support for deposit runs and the LCR/NSFR calculation for CNB.
Updates department policies and procedures, including enhancement of documentation and implementation of updates and recommendations to liquidity stress scenario assumptions.
Maintains support for internal/external liquidity audits and compliance to the Federal Reserve Board/Office of the Comptroller of the Currency ("FRB/OCC") liquidity recommendations. Research and implement changes to address recommendations provided by internal/external liquidity audits.
Support for annual policy reviews, annual CFP desktop test, and ongoing monitoring and refinement of early warning indicators, assistance in monthly ALCO package compilation.
Support for broad Treasury operations and ad-hoc projects.
Perform other duties as assigned.
Must-Have*
- Bachelor's Degree or equivalent
- Minimum of 5 years of experience in a banking environment.
- Minimum of 5 years of financial analysis experience.
Skills and Knowledge
- Experience in Liquidity Risk preferred.
- Understanding of Treasury Operations with an emphasis on liquidity management.
- Knowledge of balance sheet, income statement, and accounting fundamentals.
- Experience with Regulatory and/or Risk-related financial reporting and modeling.
- Strong quantitative skills, including the knowledge of Microsoft Excel VBA, SQL and Python/R.
- Ability to perform deep analysis of large volumes of data and streamline results to reporting formats.
- Excellent analytical thinking and problem-solving skills.
- Excellent oral, written and interpersonal communication skills with the ability to convey complex concepts in a clear and concise manner and provide clear guidance to all levels of staff, adapting the communications to the experience and knowledge level of the target audience.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.
*City National Bank does business in Miami and the state of Florida as CN Bank.
For more information about City National, visit cnb.com. EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.
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