Business Analyst I/II, Cash Services at Federal Reserve Bank (FRB) in Minneapolis, Minnesota

Job Description:

Company

Federal Reserve Bank of Minneapolis

Are you interested in leveraging your attention to detail as well as your analytical and problem solving skills to become part of a dynamic operation that is an important part of the Central Bank function? Our Cash Services department is seeking a Business Analyst to perform the daily verification and balancing of the Cash operation transactions.

Responsibilities

• Perform independent verification of daily transactions utilizing source documents to ensure transactions involving valuables have been accurately recorded. 


• Provide internal and external customer support, including responding to and resolving general and specific inquiries. Communicate by telephone or in writing in a timely and accurate manner.


• Ability to perform specialized or confidential administrative duties, including research, computation, and review of intermediately complex data for use in preparing reports and completing projects.


• Create manifests for next day processing of currency/coin orders.


• Maintain a strong knowledge of department procedures and controls. Perform verification of compliance with department procedures and controls through daily, independent reviews of department documentation. Assists in the departments self audit reviews.


• Monitor coin inventories and coordinate transfers to ensure that coin is optimally distributed between coin depot facilities throughout the region.


• Assists in the analysis and review of business functions and operational process improvements and/or enhancements. Assists with testing, training, and implementation and may support the coordination of activities, as assigned.


• Assists in preparing and/or revising communications, including proposals, reports, and presentations. Assists with developing and revising procedures, defining processes, and delivering training to users.


• Assists in coin terminal audits.


• Performs other duties or responsibilities as needed or assigned, such as but not limited to:


• Providing back-up general administrative support, to include, scheduling, meeting planning, travel arrangements, data entry etc.


• Participates in Department, Bank or FRS project teams & work groups; complete special assignments as needed.

Qualifications

• For Level I: High School diploma or equivalent. (For Level II: Bachelor's degree with coursework in business or a related field preferred.)


• 1 year experience or equivalent combination of higher education and experience. (For Level II: 3 years of direct work-related experience or equivalent combination of related higher education and experience)


• Experience in a business operations or financial environment preferred.


• Ability to work both independently and as a team member with minimal supervision, as well as working effectively as a part of a team. 


• Strong attention to detail coupled with highly developed problem-solving skills related to solving out of balance/reconciliation issues.


• Good interpersonal skills with strong collaboration and team building skills.


• Good written and verbal communication skills.


• Proficient in MS Excel and Word.

Physical Capabilities Required:

Ability to carry/lift a weight of 10lbs

*A requirement of this position is that you must be on site 5 days a week.

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, we work together to represent you in our economy.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

No

Job Category

Accounting/Finance

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.

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.

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