Cash Management Associate Ii

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 Provide Funding Support to Treasury across all product lines including Fixed Income, Money Market, Derivative, Structured Product, Broker dealer, Loans and other trading groups Validate projected balances and confirming real time positions including intraday liquidity Analyze cash positions, general ledger and balance sheets of trader's portfolios to ensure appropriate funding Ensure correct cost of carry allocation applied to respective business lines Communicate 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 Provide assistance to traders regarding late trades/position management for all in scope currencies, supporting the Global FX initiative The Qualifications Accounting principles Internet Microsoft Office PC for Windows SAP software Comply with Bank and Industry Codes of Conduct Accounting Accounting principles and transactions Administration by attending educational workshops ERP platforms This is the pay range that Magnit reasonably expects to pay for this position: $24.27/hour-$26.00/hour *******Benefits: Medical, Dental, Vision, 401K