Director, Cash Operations

Federal Reserve Bank of Philadelphia•Houston, TX

2d•Onsite

About The Position

We are seeking an experienced candidate to lead the operational functions of a growing Cash department through direct and indirect supervision. This role is accountable for ensuring compliance with Custody Controls, Standard Operating Procedures, Board guidelines, and Bank accounting policies while being mindful of budget and expense monitoring. The Director will lead multiple related teams, develop departmental plans aligned with business priorities, guide and coach staff to improve performance, and lead projects that may include District and System-wide assignments.

Requirements

Bachelor’s degree in business or related field; equivalent education and/or experience may be substituted.
Minimum of five years of managerial experience required; 7 years preferred.
A track record of effective leadership.
Knowledge of audit and control practices and processes.
Strong project management and organizational skills.
Excellent written and oral communications skills.

Nice To Haves

Experience in operational environments preferred.
Understanding of accounting principles and prior experience of budgeting practices helpful.

Responsibilities

Lead and develop teams across multiple Cash functions, setting performance expectations, coaching managers and professional staff, and ensuring accountability for results aligned with organizational priorities
Oversee various other aspects of operations including accounting reconciliations, vendor interactions, and customer support while maintaining expertise in regulations, controls, and operating procedures
Define priorities aligned with organizational objectives and oversee execution of action plans
Control resources and policy formation within area of responsibility
Develop and implement strategies to improve effectiveness, efficiency, and cost management