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