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Cash Operations Specialist I/II/III

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Operations
Atlanta, GA, USA
Posted on Sunday, October 22, 2023

Company

Federal Reserve Bank of AtlantaAs an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

Receive, process, payout, destroy and validate currency in a highly controlled, regulated and secure environment. Strict adherence to a set of defined rules and regulations, including those outlined in the Treasury Currency Operations Manual (TCOM), Custody Control Principles and Standards (CCPS), and internal District Cash Procedures, is required.

Key Responsibilities:

  • Accesses educational materials and manuals to become familiar with operational procedures and controls to obtain knowledge of the basic skill set to function in operational roles in Cash Services. Acquires job knowledge to operate highspeed currency equipment and/or pay and receive currency/coin to depository institutions, achieving challenging production standards and complying with stringent procedures and controls.

  • Balances deposits and processes financial accounting transactions/entries to depository institutions using accounting operating systems and Cash Services unique inventory and processing applications. Navigates complex inventory tracking within relevant accounting systems to record batch statistics/inventory, transfers among internal valuables handling teams and external customers, and differences and other pertinent data elements. Responsible for ensuring the accuracy of automated accounting and transfer records. Demonstrates ability to comply with specific documentation requirements.

  • Obtains counterfeit certification and is able to physically detect counterfeits and altered notes through manual inspection. Required to maintain certification through semi-annual testing.

  • Transfers and stores significant values and quantities of currency and coin using material handling equipment, and maintains custody and accountability throughout completion of these processes. Receives training and certification to operate material handling equipment as required by OSHA.

  • Demonstrates ability to operate in a team environment with high results orientation; displays effective interpersonal skills.

Education:

  • High School Diploma or GED

Experience:

  • Less than two years

  • 2-5 yrs experience for Cash II/III position

Knowledge Areas:

  • Math, Balancing, Accounting and MS Office proficiency

  • Ability to lift up to 50 lbs.

  • Ability to stand for extended periods of time

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)

  • 401K match, and a fully funded pension plan

  • Paid vacation and holidays; flexible work environment

  • Generously subsidized public transportation

  • Annual tuition reimbursement

  • Professional development programs, training and conferences

  • And more…

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).

The Federal Reserve Bank of Atlanta is an equal opportunity employer.

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.

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