Cash Flow Analyst

CASH FLOW ANALYST
WHAT IS THE OPPORTUNITY?
Responsible for managing the Bank's account at the Federal Reserve. Able to make decisions and exercise independent judgment during periods of high stress. Produce accurate and timely cash-flow and liquidity reports and maintain detailed desk and emergency procedures. Work with Treasury managers to fund the Bank and/or utilize excess funding as efficiently as possible. Supports increasing regulatory liquidity requirements at the bank, including validation and gap mitigation for enterprise-wide data sourcing and automation projects. Supports liquidity/cash-flow reporting needs, including intraday, and submission of short/long-term cashflow stress testing. Also supports data needs and analysis stemming from internal/external audits and 2nd line requests. Maintains and documents the bank's liquidity assumptions and supports production of policies and procedures, including the testing of the contingency funding plan.
What you will do

• Monitor the funds transfer system and the Bank's Fed account in real time, accurately report the Bank's liquidity position, and track large wire activity.
• Estimate future cash-flows and maintain sufficient liquidity for daily operations as well as short and long-term funding needs.
• 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.
• Independently produce short and long-term cash flow forecasts.
• Provide research and analytical support for enterprise-wide data automation projects, including validation of automated feeds for 2052a, the Federal Reserve LCR/NSFR calculations, research on open gaps, and submission/support for manual inputs. Support monthly/daily submissions.
• Liquidity Reporting and Validation: Includes monthly production runs and daily validation of results for liquidity stress scenarios and standalone reporting needs when City National Bank ("CNB") surpasses regulatory compliance thresholds. Also encompasses emergent needs for intraday reporting.
• Updates department policies and procedures, including enhancement of documentation and implementation of updates and recommendations to liquidity stress scenario assumptions.
• Maintains support for internal/external liquidity audits and compliance to the Federal Reserve Board/Office of the Comptroller of the Currency ("FRB/OCC") liquidity recommendations. Research and implement changes to address recommendations provided by internal/external liquidity audits.
• Support for broad Treasury operations and projects.
• Support for annual policy reviews, annual CFP desktop test, business continuity plan, and ongoing monitoring and refinement of early warning indicators.
• Perform other duties as assigned.

Must-Have*

• Bachelor's Degree
• 3+ years of experience in a banking environment.
• 3+ years of financial analysis experience.
• 3+ years of experience with funds transfer systems, FedLine, and/or banking funds management regulations.
• 3+ years of experience with Microsoft Windows applications, particularly Excel and Word.

Skills and Knowledge

• Understanding of Treasury Operations with an emphasis on liquidity management.
• Knowledge of balance sheet, income statement, and accounting fundamentals.
• Experience with Regulatory and/or Risk-related financial reporting and modeling.
• Strong quantitative skills, including the knowledge of Microsoft Excel VBA, Access, and SQL.
• Ability to perform deep analysis of large volumes of data and streamline results to reporting formats.
• Excellent analytical thinking and problem-solving skills.

Compensation
Starting base salary: $65,296 - $104,304 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
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. Get an inside look at our 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
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.
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