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Operations Officer

City National Bank
Newark, DE Full Time
POSTED ON 11/19/2024 CLOSED ON 3/19/2025

What are the responsibilities and job description for the Operations Officer position at City National Bank?

OPERATIONS OFFICER

 

WHAT IS THE OPPORTUNITY?
Reconciliation performance and support for lines of business across Banking and Investment Services including Payment Operations, Capital Market Operations, Card Operations, Investment Operations, and others as assigned.

 

What you will do
  • Monitor assigned accounts and platforms to identify potential breaks and/or material exposures
  • Perform daily reconciliations and matching for assigned accounts
  • Ensure all policies and procedures are followed accurately and any variation is escalated to the appropriate managers and stakeholders
  • Serve as reconciliation SME to colleagues in the lines of business by sharing knowledge, policy, and procedure guidance as needed
  • Partner with Finance and Controller groups to ensure account reconciliations and balances are reported properly
  • Reporting to stakeholders and management to inform of daily, weekly, and monthly balances, aged breaks, and/or material exposures
  • Provide support to junior colleagues and leadership on complex reconciliation issues, ensuring resolution in timely and effective manner
  • Other duties as assigned

Must-Have*

  • Bachelor's Degree or equivalent (preferred)
  • At least three years experience in similar role

Skills and Knowledge

  • Strong operations and risk management background
  • Strong problem solving capabilities
  • Understanding of escalation matrices and reporting requirements
  • Intermediate or better proficiency in MS Excel
  • Ability to work independently and serve as functional expert to junior colleagues
Compensation
Starting base salary: $24.46 - $36.69 per hour. 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 be at the heart of our company today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
 

Salary : $24 - $37

Class A Maintenance
Maintenance & Operations -
Aston, PA

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