Cash Operations Specialist at The Federal Reserve System in Minneapolis, MN

Job description

• 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.

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.

Requirements

• High school diploma or equivalent. College education is preferred.
• Proficiency with basic mathematics is required.
• Proficiency in accounting skills is preferred.
• Entry level position.
• Some experience in currency handling, financial services or operations environment preferred
• Ability to lift/carry up to 50 pounds.

Skills

Required

• Attention to detail
• Problem-solving skills
• Proficiency with basic mathematics
• Ability to lift/carry up to 50 pounds

Preferred

• Operations experience
• Proficiency in accounting skills

Benefits

• Our total rewards program offers benefits that are the best fit for you at every stage of your career:
• · Comprehensive healthcare options (Medical, Dental, and Vision)
• · 401(k) match, and a fully-funded pension plan
• · Paid time off and holidays
• · Free public transportation passes
• · Annual educational assistance
• · On-site fitness facility
• · Professional development programs, training and conferences
• · And more...