Cash Management Associate II at City National Bank Los Angeles, CA

Cash Management Associate II – City National Bank, Los Angeles, CA (employed through Magnit Global)

• 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 inquiries and internal investigations
• 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 confirm real‑time positions including intraday liquidity
• Analyze cash positions, general ledger and balance sheets of trader portfolios to ensure appropriate funding
• Ensure correct cost of carry allocation is applied to respective business lines
• Communicate with various bank departments regarding positions, specific transactions and related cash movements
• Interface with multiple front‑office areas regarding daily cash requirements and balances
• Assist traders regarding late trades/position management for all in‑scope currencies and support the Global FX initiative

• Knowledge of accounting principles
• Proficiency with Microsoft Office
• Experience using SAP software
• Compliance with bank and industry codes of conduct
• Bilingual in Spanish and English

• Work authorization:
  Green Card, US Citizen, Other valid work visa
• Preferred years of experience: 3 years
• Travel required:
  
  No

• Medical
• Dental
• Vision
• 401K

Pay range: $35.13–$37.66 per hour