Funds Transfer Pricing Analyst
Role description
From the employerFUNDS TRANSFER PRICING ANALYST WHAT IS THE OPPORTUNITY? Responsible for providing research, analytical and compliance support for Funds Transfer Pricing (FTP) assumptions, modeling, and analysis. Key
###responsibilities### include processing monthly/weekly FTP production for CNB and communicating the results to Senior Management, Lines of Business, and Risk Management. developing and maintaining QRM model, preparing and updating annual assessments and model documentation. This role will perform analysis and create reports that support the tactical and strategic balance sheet objectives of the company.
WHAT WILL YOU DO? Updates and improves FTP modeling, statistical and economic analysis. Perform weekly/monthly runs in QRM for FTP.
Documents procedures, model white papers to promote transparency and facilitate modeling and methodology reviews. Produces reports for the Senior Management, Lines of Business, and Risk Management. Interacts with vendors regarding FTP model maintenance and development.
Maintains inventory of controls for all FTP related processes. Automates FTP production. Support CUSO FTP team.
Assists and coordinates timely and effective resolution of open issues. Runs complex financial forecasting models and analyzes results against historical data and projected business activity. Monitors results against internal guidelines, identifies source of discrepancies and proposes solutions.
Interacts with LOBs on FTP related questions WHAT DO YOU NEED TO SUCCEED?
###experience### working in the banking or financial industry 2+ years of
###experience### with Microsoft Excel, SQL, ETL/ELT, Snowflake, Altryx, Additional
Qualifications
###Experience### in a financial institution or similar environment preferred. Hand on
###experience### with QRM is preferred. Understanding of programing languages such as Python, and R, etc., is preferred. Broad understanding of financial risk management, commercial banking, Treasury management and banks’ balance sheet. Ability to use complex financial forecasting models is critical for success. Proficient in Microsoft Office Suite including PowerPoint and Excel Strong analytical and research
skills
Should possess effective time management skills, as well as strong verbal and written communication skills. Must be able to work well in a fast paced, detail-oriented environment coordinating multiple projects. WHAT'S IN IT FOR YOU? Compensation Starting base salary: $60,500 - $104,500 per year. Exact compensation may vary based on skills, experience, and location.
###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.
###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.
###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.