Currency Operations Specialist — Onsite, Growth Path

Federal Reserve System; Boston (MA); On-site; USD 50,000 - 62,000; Full time

Job summary

The Federal Reserve Bank of Boston is seeking an entry-level Cash Operations employee to handle currency and coin in a highly controlled environment. This role starts the Cash Operations career track and requires strict adherence to procedures and training in counterfeit detection.

Starting salary is $56,000, with eligibility to discuss based on background. The position is full-time, on-site in a production setting, and includes background checks and equal employment opportunity commitments.

Qualifications

• 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

Responsibilities

• Acquires job knowledge to pay and receive currency/coin to depository institutions, and/or operate high-speed currency equipment, while achieving production standards.
• Balances deposits and processes financial accounting transactions/entries to depository institutions using accounting operating systems and Cash Services inventory and processing applications.
• Navigates complex inventory tracking within said systems to record inventory and transfers among internal valuables handling teams and external customers.

Skills

Cash handling

Basic math

Balancing

10-key skills

Microsoft Office

Education

High School Diploma or GED

Tools

Currency verification machines

Material handling equipment

Microsoft Office

Job description

The Federal Reserve Bank of Boston is seeking an entry-level Cash Operations employee to handle currency and coin in a highly controlled environment. This role starts the Cash Operations career track and requires strict adherence to procedures and training in counterfeit detection.

Starting salary is $56,000, with eligibility to discuss based on background. The position is full-time, on-site in a production setting, and includes background checks and equal employment opportunity commitments.