
Description
If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.
The Opportunity
Middle Office is a position that will develop and lead all aspect of strategic planning, maintain adequate operations procedures and systems for the Capital Market Operations within Business & Investment Services (B&IS).
This function covers incumbent's responsibilities for operations relating to all line of business within Capital Market, which include FX, Interest Rate Derivatives & Trade Finance. Specific cross-training to be conducted in due time.
The primary immediate function for this role, will be to support the daily Global Trade and Supply Chain Finance (GTS) activities. The overall objective is to help ensure all SCF programs are onboarded correctly and in a timely manner.
This is hybrid schedule at the DTLA office.
The Responsibilities
- Providing support to Front Office GTS Sales
- Providing support to GTS Credit
- Providing support to GTS Compliance
- Providing support to GTS Operations
- Maintain and manage daily tasks including but not limited to GTS Requests and management control reports
- Compile, Review, and Store GTS Program Documents
The Qualifications
- Bachelor's Degree in business, international, or marketing preferred
- Prior experience working in an Interest Rate Middle Office team or other adjacent operations team relating to Interest rates
- Individuals who have Middle office experience in other products may be considered
- Sees the big picture and keeps current with emerging business, economic and market trends
- Strong team player who collaborates readily with others within and across teams
- This opportunity would suit an individual who has strong interpersonal skills, is responsive and has a commitment to serving their client group
- Experience reading and translating Credit Memos/Approvals into unexecuted Document Packages and Boarding Checklists
- Knowledge of UCC search, position, and filing
- Ability to interpret legal agreements from inside and outside counsel, their execution, and retention standards
- Minimum 1 year of experience in financial services/ banking industry
- Minimum 1 year of operations management, client service management, documentation, or client training experience required
- Minimum 2 years of experience providing customer service
This is the pay range that Magnit reasonably expects to pay for this position: $30.53/hour - $32.73/hour
Benefits: Medical, Dental, Vision, 401K
QUALIFICATION/LICENSURE
Work Authorization : Green Card, US Citizen, Other valid work visa
Preferred years of experience : 2 years
Travel required : No travel required
Shift timings :
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