Mgr- Supply Chain Fin Ops

City National Bank · Silicon Valley CA

Company

City National Bank

Location

Silicon Valley CA

Type

Full Time

Job Description

MANAGER SUPPLY CHAIN FINANCE OPERATIONS

WHAT IS THE OPPORTUNITY?

Supply Chain Financing is a growing segment of the Trade Finance Products. City National Bank in close collaboration with its Parent Company, Royal Bank of Canada, offers four different Supply Chain Financing programs to its clients in order to maximize their working capital. Partnering closely with the Supply Chain Finance Sales Manager, the Supply Chain Operations Manager will lead a team of Supply Chain Operations Specialist in performing operational and control functions. The Operation Manager will be responsible for the oversight of processing of clients' payable and receivable discounting. This responsibility includes activating the buyer and the supplier under the different programs, ensuring that the clients instructions are strictly adhered to in order to minimize any operational risks and meeting the clients' needs. Strong people leadership and influencing skills are required. Additionally, the ability to lead a team in prioritizing and meeting deadlines is essential for success in this exciting and dynamic leadership role. Experience in maximizing efficiency in data capture and process flow will enable the Operations Manager to continue to deliver excellent servicing and operations support in a fast growing area of the business. Strong decision making skills, supported by instrumented data, are required to manage this team, as are problem solving skills and a focus on consistent delivery of excellent support.

Banking and Investment Services Division
Banking and Investment Services plays an integral role in leading the strategic vision and execution of all banking operations. Our servicing and operations professionals partner closely with all of our lines of business to carry out critical functions, including client/deposit servicing, contact center operations, payments processing, and trade and lending operations, while identifying and mitigating risk throughout the organization. Servicing and operations professionals seek to transform and define an integrated support model through automation and cutting-edge digital technologies, to deliver an excellent experience for our clients and businesses.

WHAT WILL YOU DO?

  • Lead a team of Supply Chain Operations Specialists in servicing and operations support of Trade Finance Products.
  • Evaluate and approve suppliers participating in the payable and receivable programs offered by CNB
  • Set up the buyer’s credit Limit under the Supply Chain Finance Program based on the documentation signed by the Relationship Officer
  • Evaluate the “Funding Notice “received from the Participating Bank to ensure terms comply to the Bank's criteria
  • Review new agreements to ensure they meet the needs of the bank, adhere to the bank's criteria standards, approve and make eligible for discount any invoice offered for purchased by supplier
  • Apply experience, industry standards and knowledge of agreement documentation, and City National Bank's policies to address related credit, risk, compliance, legal, operational and business issues
  • Facilitate communications among key stakeholders in sales, implementation, product, operations, compliance, risk, relationship officers, and legal staff to promptly resolve documentation issues
  • Identify, recommend and participate in developing new processes and procedures to improve workflow and efficiency
  • Manage, develop, and play a leadership role for the Supply Chain Operations team including selection, training, performance management, development, and retention.
  • Research, coordinate and recommend process enhancements to the department’s senior management, participate in establishing procedures and complete projects as directed.
  • Understand regulatory and bank policy requirements in delivering strong service and mitigating operational risks
  • Identify, measure, control and monitor the agreement's operational risk for both internal business units and external corporate clients. Limit exposure due to risks such as those resulting from human errors, transaction processing failures and fraudulent activities.

WHAT DO YOU NEED TO SUCCEED

Must-Have*

  • 1 year of Supply Chain Finance experience required
  • 3 years of Trade Finance
  • 1 year of management experience


Skills and Knowledge

  • Bachelors degree preferred
  • Proven Problem solving Skills
  • Intermediate accounting literacy
  • Ability to work with other teams which include members of other Department within the Bank and/or external vendors
  • Most possess superior verbal , written and interpersonal communication skills
Compensation
Starting base salary: $92,114 - $156,880 per year. 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.

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.

Apply Now

Date Posted

10/30/2022

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