Cash Operations Specialist II/III at Federal Reserve Bank (FRB) in Miami, Florida

Job Description:

Company

Federal 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.

We are a dynamic environment that requires days in the office. In office requirements, as amended from time to time, are an essential function of the position.

Processes and balances millions of dollars daily in support of the national economy and the Federal Reserve’s central bank mission to meet the cash inventory needs of financial institutions and the public. Receive, verify and payout high volumes of coin and currency and destroy unfit currency in a highly regulated, physically demanding valuables handling area. Complies with Treasury 
regulations and internal governance/audit requirements to ensure a well-controlled cash operation. Possesses effective time management skills with the ability to multitask and balance competing priorities.

Key Responsibilities:

• Exhibits thorough knowledge of operational procedures, controls, and complex technical systems. Demonstrates proficiency in operating high speed currency equipment and/or in completing duties related to paying and receiving currency/coin. Achieve established production standards and timelines. Comply with all applicable procedures and controls. Resolves basic equipment and processing issues
• Applies knowledge to perform same day difference reconciliation and deposit quality monitoring and provides recommendations for operational enhancements to help mitigate risk or increase efficiency. 
• May train, delegate and review the work of less senior employees.
• 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.
• Demonstrates ability to comply with specific documentation requirements
• Transfers and stores significant values and quantities of currency and coin 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: 3 – 5 years of relevant 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

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

Work Shift

First (United States of America)

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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