Cash Operations Specialist

Federal Reserve Bank of Philadelphia•Minneapolis, MN

17h•Onsite

About The Position

Are you interested in applying your attention to detail, operations experience, and problem-solving skills to become part of a dynamic operation that is an important part of the Central Bank function? Reporting to the Cash Operations Supervisor, our Cash Services department is looking for a Cash Operations Specialist to join the Ninth District Federal Reserve Bank currency processing operations in our Minneapolis location.

Requirements

High school diploma or equivalent.
Proficiency with basic mathematics is required.
Ability to lift/carry up to 50 pounds.

Nice To Haves

College education is preferred.
Proficiency in accounting skills is preferred.
Some experience in currency handling, financial services or operations environment preferred

Responsibilities

Perform job functions in a regulated and compliance-focused, operational environment.
Follow local procedures and controls to ensure compliance with the U.S. Treasury and Federal Reserve Board of Governors guidelines.
Maintain quality and productivity standards.
Prepare currency and coin shipments for depository institutions to meet all quality standards.
Verify all in-coming currency and coin shipments from depository institutions.
Verify supporting documentation with the currency to ensure integrity and accuracy of the deposit.
Operate and monitor high-speed currency processing machines in a production and processing operation.
Verify all currency and ensure accountability for all notes.
Count and manage a large quantity of currency or coin on a 1-4 member team.
Maintain custody control standards and ensure supporting documentation for all transactions is completed.
Balance the team inventory daily through the cash application system.
Participate in team-oriented environment while working in close proximity with other employees.
Mandatory overtime is required to address out-of-balance situations or heavy volume periods.
Required to complete and pass, as a requirement of the position, counterfeit detection training and testing, and forklift certification training and testing.