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*
The Cash Management Associate 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 ban...
*The Opportunity*
The Cash Management Associate 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 ban...