Job Information
City National Bank Cash Management Associate II in Salt Lake City, Utah
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
Accounting principles and transactions
Internet
Microsoft Office
PC for Windows
SAP software
Comply with Bank and Industry Codes of Conduct
Accounting Administration by attending educational workshops ERP platforms
This is the pay range that Magnit reasonably expects to pay for this position: $35.13/hour - $37.66/hour
Benefits: Medical, Dental, Vision, 401K
QUALIFICATION/LICENSURE
Work Authorization : Green Card, US Citizen, Other valid work visa
Preferred years of experience : 3 years
Travel required : No travel required
Shift timings :