Cash Operations Manager (Seattle)

Posted 4 Days Ago
Be an Early Applicant
Seattle, WA
117K-187K Annually
Senior level
Fintech • Payments • Financial Services
The Role
The Cash Operations Manager will lead and develop a team focused on operational excellence in processing US currency. Responsibilities include driving team performance, implementing strategies, managing currency volumes and budgets, and leading projects to improve operations in a regulated environment.
Summary Generated by Built In

CompanyFederal Reserve Bank of San Francisco

We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and are committed to understanding and serving the vibrant, expansive communities of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a diverse team united in its purpose to promote an economy that works for everyone.

The Federal Reserve Bank of San Francisco is seeking a Cash Operations Manager in our Seattle Cash Office location. As the Operations Manager, you will lead a large team focusing on operational excellence in the processing of US currency using complex, authentication, and piece sorting technology. You will be responsible for developing a team that is accountable for driving operational excellence in a fast paced and highly regulated environment.

Our ideal candidate for this role is a proven operations and people leader with experience influencing multiple departments across an organization, is an excellent communicator, sets a high bar for themself, and is adept at developing and coaching talent. If you are someone who thrives in a critical leadership position and gains personal satisfaction by leading a complex business, then this is for you!

Banking experience is not required. Experience in military, manufacturing, automotive, biotech, electronics, energy, machinery, defense/aerospace, medical, cosmetics, production, or distribution environments are also desired.

What you'll do

  • Develop and lead a leadership team that's passionate about people development, operational excellence, and public service.
  • Drive the implementation of the Cash Group and SF Bank strategies by coaching, motivating, and supporting the team; ensure there is a strong adoption and understanding of organizational objectives, vision, and values.
  • Build a learning culture by ensuring operational leaders maximize the Bank’s career framework program (Navigate) to develop top talent through coaching, mentoring, on the job training, and defined learning paths (including education and certifications).
  • Champion an inclusive and diverse culture where every team member has the opportunity to fully realize their potential.
  • Exercise agility by thinking strategically, executing tactically, and collaborating across diverse teams, levels, and situations.
  • Engage team members during their shifts to maintain the highest levels of safety, quality, performance, and engagement.
  • Forecast, monitor, and manage currency volumes, production capacity, labor resources, and budget to actual spend to ensure performance goals are achieved. Use data driven insights to understand trends and inform decisions.
  • Continuously monitor and assess operational activities to address gaps in procedural requirements while also making risk informed decisions that align with performance objectives.
  • Lead large-scope projects within the site, across the 12th District and nationally.

Desired Experience + Traits

  • Bachelor's degree or equivalent work-related experience
  • Typically requires 7+ years of relevant work experience in a fast paced highly regulated operations environment with numerous procedural and compliance requirements.
  • 5+ years of experience in effectively managing/leading teams
  • People focused and service oriented.
  • Strong problem solving and excellent analytical skills.
  • Excellent verbal and written communication skills.
  • Highly energetic and excellent coaching skills.
  • Demonstrated ability to work under pressure and make immediate independent judgment decisions.
  • Experience scoping, leading, and implementing process improvement initiatives

What you'll receive

  • Competitive pay + bonus plan granted based on performance.
  • Generous health, dental + vision insurance coverage as well as self-care and mindfulness resources.
  • Competitive retirement benefits including pension and employee matching 401k like program.
  • Flexible time off for vacation, to care for oneself and family, or pet because we respect the need for work/life harmony.
  • A clear career path with opportunities for development, both personally and professionally which includes tuition reimbursement for college and master’s degree as well as profession certifications.
  • Volunteer time off to give back to your community.

Base Salary Range: Min: $116,800 - Mid: $151,700 - Max: $186,600 (Location: Seattle)

Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and alignment with geographic and other market data.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer.

Must be a U.S Citizen or a Green card holder with intent to become a U.S Citizen.


Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job CategoryOperations Family Group

Work ShiftFirst (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.

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

The Company
Kansas City, MO
2,289 Employees
On-site Workplace

What We Do

This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed.

The Fed - Make a world of difference in the global economy

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.

Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve.

Atlanta https://www.frbatlanta.org/
Boston http://www.bostonfed.org/
Chicago https://www.chicagofed.org/
Cleveland https://www.clevelandfed.org/
Dallas http://dallasfed.org/
Kansas City https://www.kansascityfed.org/
Minneapolis https://www.minneapolisfed.org/
New York http://www.newyorkfed.org/
Philadelphia https://www.philadelphiafed.org/
Richmond https://www.richmondfed.org/
San Francisco http://www.frbsf.org/
St. Louis https://www.stlouisfed.org/
Board http://www.federalreserve.gov/

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