City National Bank
If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.
Overview The Cash Management Associate performs day-to-day cash disbursement functions according to Firm standards.
Responsibilities
Maintain close communication with agent banks and business units to ensure smooth payment execution
Handle cash disbursement inquiries 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
Qualifications
Accounting principles and transactions experience
Microsoft Office experience
PC for Windows experience
SAP software experience
Knowledge of Bank and Industry Codes of Conduct
Accounting experience
Treasury experience
This is the pay range that Magnit reasonably expects to pay for this position: $18.68/hour - $20.03/hour
Benefits: Medical, Dental, Vision, 401K
Additional Information QUALIFICATION/LICENSURE
Work Authorization :
Green Card, US Citizen, Other valid work visa
Preferred years of experience :
1 years
Travel required :
No travel required
Shift timings :
#J-18808-Ljbffr
Overview The Cash Management Associate performs day-to-day cash disbursement functions according to Firm standards.
Responsibilities
Maintain close communication with agent banks and business units to ensure smooth payment execution
Handle cash disbursement inquiries 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
Qualifications
Accounting principles and transactions experience
Microsoft Office experience
PC for Windows experience
SAP software experience
Knowledge of Bank and Industry Codes of Conduct
Accounting experience
Treasury experience
This is the pay range that Magnit reasonably expects to pay for this position: $18.68/hour - $20.03/hour
Benefits: Medical, Dental, Vision, 401K
Additional Information QUALIFICATION/LICENSURE
Work Authorization :
Green Card, US Citizen, Other valid work visa
Preferred years of experience :
1 years
Travel required :
No travel required
Shift timings :
#J-18808-Ljbffr