Job Summary

This is an entry-level position which includes the receipt, processing, validation, destruction and payout of currency, and receipt and payout of coin, in a highly controlled, regulated, and secure environment.

Strict adherence to a set of defined rules and regulations, including those outlined in the Federal Reserve Currency Operations Manual (FRCOM), Custody Control Principles and Standards (CCPS), and internal District Cash Procedures, is required.

This position is the first in the Cash Operations role career track.

Principal Accountabilities

• Acquires job knowledge to pay and receive currency/coin to depository institutions, and/or operate high-speed currency equipment, while achieving challenging production standards and complying with stringent procedures, controls and attendance requirements
• 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 said systems to record inventory and transfers among internal valuables handling teams and external customers, account for differences and other pertinent data elements
• Responsible for ensuring the accuracy of the physical counts as well as automated accounting and transfer records
• Complies with stringent documentation requirements
• Obtains counterfeit certification to successfully detect counterfeits and altered notes through manual inspection
• Required to maintain counterfeit certification through semi-annual, or more frequent, testing
• 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
• Receives training and certification to operate material handling equipment (pallet jacks, lifts, stackers, etc.)
• Demonstrates ability to operate in a confined team environment with high results orientation; displays effective interpersonal skills
• Identifies and alerts management team to control and procedure exceptions and equipment problems
• Demonstrates the ability to correct routine mechanical issues with currency verification machines after receiving training

Knowledge and Experience

• Knowledge normally acquired through the completion of a High School Diploma or GED
• At least one year of related work experience to include banking, cash handling, warehousing, customer service, manufacturing, or work in a production environment
• Must be able to push equipment weighing 800 pounds, and up to 40 - 60 pounds repeatedly
• Ability to stand for extended periods of time
• Basic math, accounting, and balancing skills
• Familiarity with Microsoft Office proficiency preferred
• Basic 10-key skills preferred