Cash Operations Specialist I/II

Posted 2 Days Ago
Be an Early Applicant
New Orleans, LA
Junior
Fintech • Payments • Financial Services
The Role
The Cash Operations Specialist I/II processes and manages high volumes of currency and coin, ensuring compliance with Treasury regulations. The role involves balancing and reconciling cash transactions, operating specialized equipment, and maintaining accurate records. Attention to detail and effective multitasking are essential in this physically demanding position.
Summary Generated by Built In

CompanyFederal Reserve Bank of Atlanta

As 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.

Job Description:

Processes and balances millions of dollars daily in a team environment to support the national economy and the Federal Reserve’s central bank mission to meet the cash inventory needs of financial institutions and the public. Receives, verifies and pays out high volumes of coin and currency and destroy unfit currency in a highly regulated, physically demanding valuables handling area. Complies with strict Treasury regulations and internal governance/audit requirements to ensure a well controlled cash operation. Effective time management skills with the ability to multitask.

Key Responsibilities:

• Exhibits thorough knowledge of operational procedures, controls, and complex technical systems. Demonstrate proficiency in operating high speed currency equipment and/or in completing duties related to paying and receiving currency/coin. Achieves established production standards and timelines. Complies with all applicable procedures and
controls.
• Responsible for ensuring the accuracy of automated accounting and transfer records.
• Operates processing equipment and troubleshoots issues to accurately support achievement of production goals, service levels, and contractual obligations.
• Complete customer transactions and inventory management through balancing, reconciling, and settlement of currency and coin holdings on a daily basis.
• 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.
• Ability to identify and resolve exceptions through research and reconcilement of data.
• May train and review the work of less senior employees.
• Demonstrates ability to comply with specific documentation requirements.
• 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.
• Demonstrates ability to operate in a team environment with high results orientation.
• Communicates information that requires explanation or interpretation.

Education:

High School Diploma or GED

Experience:

At least 1 – 2 years of cash handling experience.

Knowledge Areas:

• Strong attention to detail.
• Math, Balancing and
Accounting/Reconcilement skills.
• Ability to lift 35-50lbs.
• Ability to stand for extended periods of time
• Ability to perform independent research
• Ability to work in a team environment.
• Ability to follow established policies and procedures and interpret in-depth procedural information
• May require extended work hours

Technical Skills:

  • Basic MS Office 365 proficiency along with various proprietary applications as needed.

Individual Competencies:

• Demonstrates Self-Awareness
• Problem Solving
• Action-Oriented
• Collaborates
• Communicates Effectively

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 TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)No

Job Category

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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