1 Supply Chain Operations Specialist II Job in Dover, DE
City National Bank is Hiring a Supply Chain Operations Specialist II Near Dover, DE
WHAT IS THE OPPORTUNITY?
Banking and Investment Services Division
Banking and Investment Services plays an integral role in leading the strategic vision and execution of all banking operations. Our servicing and operations professionals partner closely with all of our lines of business to carry out critical functions, including client/deposit servicing, contact center operations, payments processing, and trade and lending operations, while identifying and mitigating risk throughout the organization. Servicing and operations professionals seek to transform and define an integrated support model through automation and cutting-edge digital technologies, to deliver an excellent experience for our clients and businesses.
What you will do
- Determine the eligibility of all invoices submitted by the Client/Supplier based on the Bank Criteria.
- Process all discount request received from the Clients/Suppliers thru the CNB Portal in accordance with Bank Policies.
- Remit the net proceed to the Client/Suppliers as per their standing instructions and update the status of the invoices in the CNB Portal accordingly.
- Accept all Buy Offer submitted in the Prime Revenue Platform in accordance with established Procedures.
- Process the Buyer Offers received thru the Prime Revenue Platform in the Trade System and remit funds to the Suppliers as per their standing instructions.
- Obtain funds for any matured Obligations form the Client/ Buyer and process the settlement in the Trade Finance System accordingly.
- Process CNB Participation of Payment Obligations processed by other Bank and remit the net proceed in accordance with the Agent Bank instruction and settle such Participation on Due date
- Reconcile the Bank Control Account to ensure that all funds due to CNB were duly received. Address any discrepancy.
- Monitor all incoming messages to ensure they automatically uploaded properly in the Trade System. Manually update the message if necessary.
- Maintain Trade System and update for daily performance and connectivity to other platforms such as client facing application and/or SWIFT interfaces. Set up Client profile and settlement instructions in the Trade System upon request.
- Set up any Document template or update existing template based on the Client’s need.
- Set up and maintain Department limit for Selected Banks in the Trade Finance System, monitor the CNB exposure to those selected banks to avoid any overdrawn in their Line Of Credit.
- Manual Loan application update to transactions as system limitation prohibits.
- UAT testing of upgrade to all department owned applications plus SWIFT.
- Setting up CIS set record via CNB1 for any approved Suppliers under the Prime Revenue Program
- Updating daily the LIBOR and CIDOR rate in the Prime Revenue site to be used on the transaction to be processed on the following business day.
- Run the End of Days in the Trade Finance Systems on a daily basis to close the accounting record for the day.
- On a monthly basis, compare the cost center in the Trade System to the cost Center listing in City Data and update the Trade System accordingly to ensure that the Non-Renewal notice for all Standby Letters of Credit with automatic renewal clause is sent to the correct cost center. The failure of the non- renewal notice to reach the proper Relationship Officer will cause an undue exposure for the Bank.
- Other duties as assigned.
- Bachelor's Degree or equivalent
- 1 year Banking experience
- Intermediary Computer literacy
- Intermediary understanding of accounting principles
- Certificate for Documentary Credit Specialist (CDCS) a plus
- Previous Trade Finance or Supply Chain experience preferred
- Proficiency in Microsoft Windows and Office program specially Excel and Access
- Excellent organizational Skills
- Good time Management skills
- Ability to work on a team environment
- Excellent attention to detail and accuracy
- Good interpersonal skills
- Work Activity requires repetitive and constant key data entry activity.
- To be considered for this position you must meet at least these basic qualifications
Benefits and Perks
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'
ABOUT CITY NATIONAL
Job Summary
Full Time
Banking
$68k-86k (estimate)
03/09/2024
07/04/2024
cnb.com
LOS ANGELES, CA
3,000 - 7,500
1968
KELLY COFFEY
$1B - $3B
Banking
Related Companies
About City National Bank
With $70.3 billion in assets, City National Bank provides banking, investment and trust services through locations in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis, Washington, D.C. and Miami*. In addition, the company and its investment affiliates manage or administer $81.3 billion in client investment assets. City National is a subsidiary of Royal Bank of Canada (RBC), one of North Americas leading diversified financial services companies. RBC serves more than 17 million personal, business, public sector and institutional clients thro...ugh offices in Canada, the United States and 34 other countries. For more information about City National, visit the companys website at cnb.com. *City National Bank does business in Miami and the state of Florida as CN Bank. Copyright 2021 City National Bank, CNB Member FDIC | All Rights Reserved Equal Housing Lender | NMLSR ID# 536994
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The job skills required for Supply Chain Operations Specialist II include Supply Chain, Attention to Detail, Time Management, Accounting, Integrity, Organizational Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Supply Chain Operations Specialist II. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Supply Chain Operations Specialist II. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Supply Chain Operations Specialist II positions, which can be used as a reference in future career path planning. As a Supply Chain Operations Specialist II, it can be promoted into senior positions as a Supply Chain Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Supply Chain Operations Specialist II. You can explore the career advancement for a Supply Chain Operations Specialist II below and select your interested title to get hiring information.
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