Cash Operations Specialist I/II at Federal Reserve Bank (FRB) in new orleans, Louisiana

Job Description:

Company

Federal Reserve Bank of Atlanta

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

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

No

Job Category

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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