What are the responsibilities and job description for the Treasury Analyst Senior position at City National Bank and Careers?
TREASURY ANALYST SENIOR
WHAT IS THE OPPORTUNITY?
Reporting to the Portfolio Manager, will provide research, analytical, and compliance reports to the Treasury Portfolio Managers, the Director - Portfolio & Funding, and the Treasurer. Key responsibilities include processing of transaction activity, collateral management, producing portfolio risk reports, assisting portfolio managers in security analysis, responding to transfer pricing and prepayment inquiries from line colleagues. This colleague will also perform analysis and create reports that support the tactical and strategic objectives for the Bank's fixed income portfolio and overall balance sheet.
WHAT WILL YOU DO?
- Conducts research and analysis under the guidance of, and as required by, the Portfolio Manager, Director - Portfolio & Funding and the Treasurer.
- Processes transaction activity for the Bank’s investment portfolio and funding transactions, including trade entry, allocation, resolution of settlements and accounting issues.
- Post daily Funds Transfer Pricing (FTP) rates and other market information for use Bank-wide by relationship managers and loan officers for deposit and loan pricing.
- Manage relationships with money-market brokers as well as other institutional deposit and short-term lending affiliations.
- As part of the Pricing Desk team, promptly and professionally respond to FTP and prepayment inquiries from the line.
- Help maintain accurate records of all rate-locks and follow-up as necessary.
- Collaborate with fellow team members to proactively address and mitigate potential risks inherent in our processes as part of CNB’s overall risk management strategy.
- Diligently complete daily, weekly, and monthly reporting duties to conduct a thorough analysis of portfolio performance in relation to risk profile and performance targets.
- Creates ad-hoc reports in consideration of heightened regulatory requirements and oversight.
- Assists portfolio managers with research on specific securities, portfolios or economic statistics.
- Provides analytics and market insight for use in the Pricing Desk and Funds Transfer Pricing functions.
- Work closely with other Treasury Department colleagues to address ad-hoc situations that may arise, ensuring the department functions in cohesion. This includes working on initiatives related to Asset Liability Management, Fund Transfer Pricing and Liquidity.
- Support the collateral management processes in compliance with regulations, including monitoring and reconciling derivative portfolios and proactively issuing margin calls to manage counterparty credit risk.
- Maintain detailed and up-to-date desk procedures.
- Assist in the management of the disaster recovery process and policies for the Funding Desk and all of Treasury.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
- Bachelor's Degree or equivalent
- Minimum 3 years working in a financial institution or financial analysis experience
- Minimum 2 years advanced Excel experience including understanding Formulas and Functions, Pivot Tables, and Charts and Graphs.
Additional Qualifications
- CFA or CFA Candidate preferred
- MBA or advanced degree in a related field preferred
- Excellent interpersonal, verbal and written communication skills to effectively communicate with all levels of bank colleagues and clients.
- Ability to organize analyzed data into simple, complete and concise presentation formats. Envision the global issue, separate symptoms from causes, research thoroughly; weigh cost/benefits and derive sound conclusions.
- Excellent project management skills, including the ability to prioritize tasks and handle multiple projects at the same time while working under tight deadlines.
- Demonstrate strong analytical and problem-solving skills to effectively resolve routine and complex issues, with the ability to escalate more challenging problems to higher levels as needed.
- Possess the desire to learn and develop a passion in finance, as well as a keen interest in understanding how our bank navigates the dynamic economic landscape.
- Ability to follow standards and procedures to accomplish assigned tasks.
- MS Office (Outlook, Word, Excel, PowerPoint and Access)
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $77,000 - $143,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
- Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
Salary : $77,000 - $143,000