Currency Operations Lead

Federal Reserve SystemEast Rutherford, NJ
$95,000 - $120,000Onsite

About The Position

The Federal Reserve Bank of New York Cash Function has a long history of innovation and leadership as a high-volume processor of U.S. Banknotes. The facility utilizes state-of-the-art automation to support operations and controls. The Cash Function facilitates payments, receipts and processing of currency/coin to and from depository institutions (DIs), central banks and other governmental counterparties. The New York Fed is seeking a Currency Operations Lead with capability in operations management, process improvement, project management, and risk/ compliance management. The successful candidate should have strong experience in a supply chain operation within a highly regulated industry. This role is onsite and located in East Rutherford. New Jersey

Requirements

  • Operations management or related discipline and/or significantly demonstrated experience required
  • Operations management skills and ability to maintain business controls
  • Demonstrated leadership skills including the ability to think strategically and lead change
  • Experienced understanding of business line and of specialized discipline and an understanding of the overall Bank.
  • Project management skills with a focus on building high performance relationships and processes to drive projects forward
  • Strong critical thinking skills combined with ability to synthesize data and analysis
  • Excellent written and verbal communication skills and the ability to present analysis in writing and verbally
  • Strong influencing skills and ability to work collaboratively, especially when dealing with outside stakeholders
  • Ability to manage and motivate various levels of staff
  • Ability and willingness to work overtime

Responsibilities

  • Supervise direct reports in the facilitation of payments, receipts and processing of currency/coin to and from depository institutions (DIs), central banks and other governmental counterparties.
  • Plans, coordinates, schedules, and assists in the oversight of all resources and activities regarding daily operations.
  • Compile reports and monitor metrics to ensure operational performance and control objectives meet high standards.
  • Exercise agility by thinking strategically, executing tactically, and collaborating across diverse teams, levels, and situations.
  • Support a business resiliency model centered on continuity and capacity building.
  • Participate in system workgroups and support projects within the district.
  • Research, clarify, and resolve routine operational problems across multiple work processes
  • Foster a culture of innovation, by encouraging different perspectives and innovative approaches while ensuring team members feel valued and respected.
  • Proactively support operation staff development by providing guidance and coaching
  • Maintain strong controls in a heavily regulated environment to enable adherence to risk management requirements

Benefits

  • Educational assistance
  • career development tools
  • stretch opportunities
  • Parental leave
  • adoption assistance
  • back-up dependent and elder care
  • college planning resources
  • Comprehensive insurance plans
  • leave policies
  • onsite Health & Wellness Center
  • onsite Fitness Center
  • Pension plan
  • 401(k) with generous match
  • financial planning resources
  • subsidized public transportation program
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