Cash Operations Coordinator (Phoenix)

Federal Reserve Bank of New York; Phoenix (AZ); On-site; USD 27,000 - 43,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Paid Holidays

401(k) match

Pension

Job summary

The Federal Reserve Bank of San Francisco, Phoenix Processing Center, seeks an Operations Coordinator to lead and support risk management, training, and process improvements. This 100% on-site role collaborates with Phoenix Cash Management to ensure Operations teams run efficiently and in compliance.

No banking experience is required; candidates with experience in manufacturing, logistics, or distribution are welcome.

Qualifications

• 4 years of related experience in a fast-paced, high-speed processing environment.
• AA Degree or equivalent work experience.
• Strong attention to detail and teamwork.
• Experience using key Fed systems and MS Office.

Responsibilities

• Optimize staff resources, inventory, and machine utilization to meet deadlines.
• Serve as liaison between management and staff and communicate decisions.
• Collaborate in a team environment with strong interpersonal skills.
• Lead in researching and resolving operational challenges across processes.
• Contribute to a strong quality program and audit readiness.
• Monitor risk management requirements via risk assessments.
• Coordinate maintenance and repair activities for equipment.
• Train staff on systems, upgrades, and compliance.
• Identify opportunities for production and process improvements.

Skills

Attention to detail

Teamwork

Customer service orientation

Time management

Cross-functional collaboration

Communication skills

Analytical skills

Microsoft Office Suite

Education

AA Degree or equivalent

Tools

BPS 3000

Control Center

BCAPS

EMS

FedCash Central

Job description

Company

Federal Reserve Bank of San Francisco We are the Federal Reserve Bank of San Francisco — public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the nation’s central bank, we are committed to understanding and serving the vibrant, expansive communities of the Twelfth District, which covers the nine western states of the U.S. That means we seek and appreciate new perspectives and build opportunities to learn and grow. At the SF Fed, we approach our work with integrity and a commitment to service.

Position Overview

The Phoenix office currently has an excellent opportunity for an Operations Coordinator. The successful candidate will be responsible for providing leadership and support in various matters related to risk management and compliance, training, and business process improvements. The operations Coordinator will collaborate with Phoenix Cash Management to ensure operations teams are working efficiently and in compliance with all prescribed departmental guidelines. This is a developmental opportunity for anyone seeking a position of greater responsibility with the Cash operation. Banking experience is not required. Experience in military, manufacturing, automotive, biotech, electronics, energy, machinery, defense/aerospace, medical, cosmetics, production, or distribution environments are also desired.

Location

Federal Reserve Bank – Phoenix Processing Center (PPC) (100% on-site) 1550 North 47th Avenue, Phoenix, AZ 85043

Work Hours

40 hours Monday- Friday 4:30 am-1:30pm. Must have flexibility to work between the hours of 4:30 am to 4:30 pm due to operational needs.

Key Responsibilities

• Assign and direct distribution and processing activities by optimizing staff resources, inventory levels, and machine utilization strategies to meet customer deadlines while achieving internal performance metrics (quality, cost, efficiency, and effectiveness)
• Acts as a liaison between management and staff, communicating management decisions and rationale, and sharing team issues with management
• Works effectively in a team environment by displaying strong collaboration and interpersonal skills
• Communicates and interacts with others effectively and professionally
• Regularly assume a lead role in researching, clarifying, and resolving operational challenges of varying degrees of complexity across multiple work processes that include but is not limited to machine issues, inventory management, customer transactions, and accounting and settlement activity
• Contribute to the achievement of a strong quality program and audit readiness activities by collecting and reviewing documentation for accuracy and completeness
• Monitor adherence to risk management requirements through the completion of risk assessments
• Monitor and optimize equipment performance through evaluating machine utilization statistics, identifying reoccurring machine issues, and coordinating preventative maintenance and repair activities
• Conduct staff training on system equipment, hardware and software upgrades, compliance requirements, and existing/new standard department procedures
• Seeks opportunities for improvements on production, risk management performance, and employee-focused initiatives that drive engagement and growth
• Provide recommendations to management
• Manage historical reports and records according to retention guidelines.
• Maximize inventory management efficiencies through active monitoring of backlog and inventory targets
• Collect, prepare, and validate operational statistics prior to finalization and transmission
• Prepare analytical statistics outlining operational performance for management decision making
• Participate on local and District projects and assignments that focus on operational improvements, compliance, and technological advancements
• Performs other duties as assigned

Requirements

• 4 years of related experience working in a fast-paced, highly productive high-speed processing environment and consistently exceeding expectations in this area
• AA Degree or equivalent work experience
• Solid working knowledge of department policies and procedures, applicable custody, control, security, security, compliance procedures and requirements
• Strong attention to detail, teamwork, and customer service orientation
• Strong time management and organizational skills to effectively manage multiple priorities at one time
• Experience working cross-functionally to meet internal and external client needs
• Experience working independently to complete tasks
• Ability to use critical thinking to assess situations and recommend actions and decisions in a timely manner. Clearly communicate recommendations to management
• Exhibits strong written and oral communication and diplomacy skills when working with staff, management, and customers
• Possess the technical aptitude to learn and effectively operate systems, computer-based applications, equipment, and tools utilized in the daily operating environment (including BPS 3000, Control Center, BCAPS, EMS and FedCash Central)
• Possess analytical skills to evaluate data points to uncover operational anomalies requiring management action
• Experience with Microsoft Office – Word, Excel, Access, and PowerPoint

Hourly Range

Hourly Range: Min: $27.31/hour - Mid: $35.48/hour - Max: $43.61/hour (Location: Phoenix, AZ) Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and alignment with market data.

Benefits

• Medical
• Dental
• Vision
• Pretax Flexible Spending Account
• Paid Family Leave Care
• Backup Child Care Program
• Pretax Day Care Flexible Spending Account
• Vacation Days
• Sick Days
• Paid HolidaysPet Insurance
• Matching 401(k)
• and an unheard-of Retirement / Pension.

Accommodations

The Bank is committed to providing reasonable accommodations to individuals with disabilities to participate in the job application or interview process, perform essential job functions and receive other benefits and privileges of employment.

Equal Employment Opportunity

The SF Fed is an Equal Opportunity Employer. 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. We welcome applications from all backgrounds.

Full Time / Part Time

Full time Regular / Temporary Regular Job Exempt (Yes / No) No Job Category Operations Family Group Work Shift First (United States of America)

Company Culture

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague.