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Cash Operations Specialist
- Federal Reserve Bank (Minneapolis, MN)
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Company
Federal Reserve Bank of Minneapolis
Job Description Summary
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.
Qualifications:
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.
Additional Information:
_*_ _Onsite work is an essential function of this position, and you are expected to be in the office 5 days per week for meetings and team collaboration and along with occasional weekends and/or temporary shifts outside regular work schedules._ _Individuals may also provide on call coverage as needed._
* _Salary range is_ _$41,000-$50,000-$60,000 (For Level II: $45,200- $56,493- $67,800)._ _(_ **_Targeted Range: $45,000-$55,000)_** _Salary offer will be based on_ _qualifications/experience_ _of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity. _
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...
_*The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons_ _and we work together to pursue an economy that works for all of us._
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
No
Job Category
Operations Family Group
Work Shift
First (United States of America)
_The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences._
Always verify and apply to jobs on Federal Reserve System Careers ( https://rb.wd5.myworkdayjobs.com/FRS ) or through verified Federal Reserve Bank social media channels.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday\_Privacy\_Notice.pdf)
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