Cash Management Associate

If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.

• 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

• 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

Work Authorization: US Citizen, Other valid work visa, Green Card

Preferred years of experience: 1 years

Travel required:

No travel required