Currency Processing & Cash Operations Specialist

Federal Reserve Bank of New York; Minneapolis (MN); On-site; USD 43,000 - 70,000; Full time

Benefits offered by this job

Healthcare options

Pension plan

Paid time off and holidays

Free public transportation passes

Annual educational assistance

On-site fitness facility

Professional development programs

Job summary

Federal Reserve Bank of Minneapolis is seeking a Cash Operations Specialist to join the Ninth District currency processing team. You will work in a regulated environment handling currency, coin, and documentation with a focus on accuracy and security.

The role requires basic math skills, ability to lift up to 50 pounds, and willingness to work overtime during high-volume periods. On-site presence five days a week is expected.

Qualifications

• High school diploma or equivalent is required.
• College education is preferred.
• Proficiency with basic mathematics is required.
• Proficiency in accounting skills is preferred.
• Entry level position.
• Some experience in currency handling, financial services or operations environment preferred.
• Ability to lift/carry up to 50 pounds.

Responsibilities

• Perform job functions in a regulated and compliance-focused, operational environment.
• Follow local procedures and controls to ensure compliance with the U.S. Treasury and Federal Reserve Board of Governors guidelines.
• Maintain quality and productivity standards.
• Prepare currency and coin shipments for depository institutions to meet all quality standards.
• Verify all in-coming currency and coin shipments from depository institutions.
• Verify supporting documentation with the currency to ensure integrity and accuracy of the deposit.
• Operate and monitor high-speed currency processing machines in a production and processing operation.
• Verify all currency and ensure accountability for all notes.
• 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.
• Balance the team inventory daily through the cash application system.
• Participate in team-oriented environment while working in close proximity with other employees.
• Mandatory overtime is required to address out-of-balance situations or heavy volume periods.
• Required to complete and pass, as a requirement of the position, counterfeit detection training and testing, and forklift certification training and testing.

Skills

Basic mathematics

Accounting skills

Currency handling

Education

High school diploma or equivalent

College education preferred

Job description

Federal Reserve Bank of Minneapolis is seeking a Cash Operations Specialist to join the Ninth District currency processing team. You will work in a regulated environment handling currency, coin, and documentation with a focus on accuracy and security.

The role requires basic math skills, ability to lift up to 50 pounds, and willingness to work overtime during high-volume periods. On-site presence five days a week is expected.