Company

Federal Reserve Bank of MinneapolisAre you looking for an opportunity to work for an organization where your contributions truly matter? As a Cash Operations Specialist, you'll process coin and currency while strictly adhering to procedures and internal controls.

Our Cash department is a highly regulated operations area where you'll be required to comply with all regulations, procedures and controls, including the Federal Reserve Currency Operations Manual (FRCOM), Federal Reserve System Custody Principles and Standards (CCPS).

*This position is a temporary, non-benefits eligible position with a potential yearlong contract.

Responsibilities include:

• Prepare currency and coin shipments for depository institutions efficiently and accurately to meet all quality standards.

• Verify all in-coming currency and coin shipments from depository institutions.

• Verify all supporting documentation with the currency and coin to ensure integrity and accuracy of the deposit.

• Prepare currency for processing, operates high-speed currency equipment, verify currency deposits from financial institutions, initiate adjustments, identify counterfeit currency and balances team inventory while monitoring production and maintaining internal and Treasury procedures and controls.

• Count and manage a large quantity of currency or coin on a 1–4-member team.

• Maintain custody control standards and ensure supporting documentation for all transactions is completed accurately.

• Balance the team inventory on a daily basis through the cash application system.

• Function well in team-oriented environment while working in close proximity with other employees.

• Perform job responsibilities while maintaining quality and productivity goals and contributing to team performance.

• Communicate effectively with co-workers, supervisor, and other Bank employees.

• Strictly adhere to work schedule. Mandatory overtime is required to address out-of-balance situations or heavy volume periods.

• Required to pass, as a requirement of the position, a counterfeit certification test.

Qualifications:

• High school diploma or equivalent. College education is preferred.

• Proficiency with basic mathematics. Proficiency in accounting skills is preferred.

• Entry level position. Some experience in currency handling, financial services or operations environment preferred.

• Must be able to lift/carry up to 50 pounds.

Additional Information:

* Salary range is $38,500-$48,064-$57,700. Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.

*Onsite work is an essential function of this position, and you are expected to be in the office 5 days per week. This position does not allow for remote or hybrid work.

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Operations Family Group

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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