Job Information
Federal Reserve System Cash Operations Specialist I in Minneapolis, Minnesota
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.
Federal Reserve Cash Operations have implemented Social Distancing requirements for staff in light of the current pandemic situation. Your health and safety is a priority to us.
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.
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
Generously subsidized public transportation
Annual educational assistance
On-site fitness facility
Professional development programs, training and conferences
And more…
The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists (https://www.minneapolisfed.org/about-us/careers/job-profiles) , we work together to represent you in our economy.
*This position requires someone to be onsite 100% of the time within the Federal Reserve Bank and is not eligible for remote or hybrid work.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
No
Job Category
Operations
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.