Cash Flow Analyst

City National Bank • Los Angeles, CA

3d • Onsite

About The Position

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, intraday and other 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. Produce analytics to support deposit growing strategies in alignment with internal liquidity valuation and profitability objectives. Supports data sourcing needs, automation projects and analysis stemming from business needs, as well as 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.

Requirements

• Bachelor's Degree or equivalent
• 3+ years of experience in a banking environment, financial analysis or applicable related experience.
• 3+ years of experience with Microsoft Windows applications, SQL, and Python, R or similar.
• 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, with exceptional ability to perform deep analysis of large volumes of data and streamline results to reporting formats.
• Excellent analytical thinking and problem-solving skills.

Responsibilities

• 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 on deposits and other products to influence funding and balance sheet strategies, liquidity metrics methodologies and regulatory initiatives.
• Contribute to enterprise-wide data automation projects and initiatives on digital currencies, among other new products.
• 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 needs for intraday reporting.
• Updates department policies and procedures, including contingency funding plan, 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, including annual CFP desktop test and ongoing monitoring and refinement of early warning indicators.
• Perform other duties as assigned.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level