LIQUIDITY ANALYST II

WHAT IS THE OPPORTUNITY?

Supports growing liquidity needs at the bank, including validation and gap mitigation for enterprise wide data sourcing and automation projects. Supports reporting needs for the bank, including company reporting and submission of the 2052a and as applicable, the Liquidity Coverage Ratio/Net Stable Funding Ratio ("LCR/NSFR") and intraday/short term/long term 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 the support for production and annual requirements including the testing of the contingency funding plan.

Finance Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Finance team. This group records, analyzes, reports and optimizes to maintain the bank’s financial health, while following principles and legislation to ensure we're doing what's right.

WHAT WILL YOU DO?

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  Provide research and analytical support for the 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 post automation.
• Liquidity Reporting and Validation: Includes monthly production runs and validation of results for liquidity stress scenarios and standalone reporting needs when City National Bank (“CNB”) surpasses regulatory compliance thresholds. Also encompasses emergent needs in intraday reporting and support for deposit runs and the LCR/NSFR calculation for CNB.
• 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, and ongoing monitoring and refinement of early warning indicators, assistance in monthly ALCO package compilation.
• Perform other duties as assigned.
  

WHAT DO YOU NEED TO SUCCEED

Must-Have*

• Bachelor's Degree Finance or Accounting
• Minimum of 2 – 3 years of experience in a banking environment.
• Minimum of 2 – 3 years of financial analysis experience.
  

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.
• Excellent oral, written and interpersonal communication skills with the ability to convey complex concepts in a clear and concise manner and provide clear guidance to all levels of staff, adapting the communications to the experience and knowledge level of the target audience.

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.

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  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.