Cash Services Supervisor

Federal Reserve Bank of Minneapolis; United States; On-site; USD 83,000 - 107,000; Full time

Job summary

The Federal Reserve Bank of Kansas City seeks an onsite Vault Supervisor to lead a team of four cash operating clerks and a currency operations specialist. The role focuses on currency processing, quality control, and regulatory adherence, with opportunities to drive improvements and develop staff.

The position is full-time, second shift, located in Kansas City, MO, with limited work-from-home flexibility. A strong compliance mindset and leadership skills are essential for success.

Qualifications

• Bachelor's degree in business management or a related field, or equivalent combination of education and experience.
• Typically does not require any previous formal leadership role, experience demonstrating leadership skills informally required. Working in an operation or compliance-focused environment is strongly preferred.
• Strong compliance focus to lead adherence to all controls and procedures, while identifying process improvements.
• Production operation mindset with expert attention to detail and strong judgement.
• Strong people leadership and ability to work with others to accomplish tasks.
• Strong relationship management and communication skills to work in fast-paced team environment.

Responsibilities

• Manage workflow and staffing of a complex currency processing operation to ensure efficient use of staff and processing of currency.
• Ensure adherence to controls, regulations and procedures, including the Federal Reserve Currency Operations Manual, Federal Reserve System Custody Control Principles and Standards and local operating procedures.
• Resolve routine to moderately complex problems/out of balance conditions. Escalate more complex issues and concerns.
• Assist staff in resolving issues associated with daily operations, including balancing issues.
• Identify and analyze new procedures to improve efficiency of operations.
• Make recommendations and implement changes. Report exceptions or variances and elevate.
• Supervise, coach, and develop staff members by communicating performance expectations and providing ongoing feedback.
• Make recommendations about employee recognition, hiring, salary, promotions and disciplinary actions.
• Communicate with staff and others about decisions affecting teamwork, process, resources, and other responsibilities.
• Monitor important unit metrics, such as quality measures, productivity, and volumes, against targets, and adjust resources.

Education

Bachelor's degree in business management or related field

Job description

Federal Reserve Bank of Kansas City

The Cash Services vault Supervisor manages currency. The ideal candidate is someone looking to provide long-term leadership and stability to operations, while supervising a team of 4 cash operating clerks that process and reconcile currency deposits, as well as a cash operations specialist who assists in all processes.

This position is considered onsite essential and located in Kansas City, work from home flexibility is minimal.

Key Activities

• Manage workflow and staffing of a complex currency processing operation to ensure efficient use of staff and processing of currency.
• Ensure adherence to controls, regulations and procedures, including the Federal Reserve Currency Operations Manual, Federal Reserve System Custody Control Principles and Standards and local operating procedures.
• Resolve routine to moderately complex problems/out of balance conditions. Escalate more complex issues and concerns.
• Assist staff in resolving issues associated with daily operations, including balancing issues.
• Identify and analyze new procedures to improve efficiency of operations.
• Make recommendations and implement changes. Report exceptions or variances and elevate.
• Supervise, coach, and develop staff members by communicating performance expectations and providing ongoing feedback.
• Make recommendations about employee recognition, hiring, salary, promotions and disciplinary actions.
• Communicate with staff and others about decisions affecting teamwork, process, resources, and other responsibilities.
• Monitor important unit metrics, such as quality measures, productivity, and volumes, against targets, and adjust resources.

Qualifications

• Bachelor's degree in business management or a related field, or equivalent combination of education and experience.
• Typically does not require any previous formal leadership role, experience demonstrating leadership skills informally required. Working in an operation or compliance-focused environment is strongly preferred.
• Strong compliance focus to lead adherence to all controls and procedures, while identifying process improvements.
• Production operation mindset with expert attention to detail and strong judgement.
• Strong people leadership and ability to work with others to accomplish tasks.
• Strong relationship management and communication skills to work in fast-paced team environment.

Additional Information

How We Work: Onsite, full-time

Location(s): Denver, CO

Remote Only Eligible: No

Work Shift: Second Shift: 10 hours shift from 4:30PM - 3:30AM Monday - Thursday

Pay Range: The starting pay range for this position is $82,800 - $107,100 for the job level(s) required for this position. Final offers are determined by factors including the candidate's qualifications, internal alignment considerations, district assignment, and geographic location.

Screening Requirements: Certain eligibility requirements apply.

Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Job Exempt: Yes

Full Time / Part Time: Full time

Regular / Temporary: Regular

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.