Cash Management Associate II Job at City National Bank, Los Angeles, CA

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  • City National Bank
  • Los Angeles, CA

Job 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* Perform day-to-day cash disbursement functions according to Firm standards *The Responsibilities* * 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 * SAP software * Comply with Bank and Industry Codes of Conduct 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 :*

Job Tags

Bank staff, Work visa, Shift work,

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