Group Vice President (GVP), Cash Services

Company

Federal Reserve Bank of San Francisco

About Us:

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.

The Federal Reserve Bank of San Francisco is one of twelve Reserve Banks that, along with the Board of Governors in Washington D.C., constitute the nation’s central bank and acts as its operating arm in the nine western states and three U.S.

territories.

The mission of the Federal Reserve System is to promote low inflation, full employment, and financial stability; and to provide services to financial institutions and the Treasury.

At the Federal Reserve Bank of San Francisco, our vision is to be among the most admired and highly respected public institutions.

Our values include public service, integrity, performance, ingenuity, and respect.

Mission of Cash Services:

Our mission is to collaborate with our District and System colleagues to ensure that the integrity of U.S.

Banknotes as a system of payment is maintained at the highest possible quality level.

We achieve this objective by receiving deposits, verifying them, and paying out orders to depository institutions that participate in the cash life cycle; all along ensuring that our operation meets or exceeds all controls as outlined by the agencies that govern our roles and monitor our compliance.

Position Overview:

The Group Vice President (GVP), Cash Services leads the 12th District Cash Services group, which includes oversight for the five cash operations in the District (San Francisco, Los Angeles, Seattle, Salt Lake City, Phoenix) and the District Cash Support team.

As the head of Cash Services, the GVP ensures that the cash operations meet their operational goals of accepting deposits of excess and unfit currency from depository financial institutions, preparing currency and coin for distribution, and removing counterfeit and unfit currency from circulation.

The GVP also sets the District’s Cash Services strategy and long-term objectives and directs the cash operations leadership team in achieving these objectives.

Highlights of Responsibilities:


* Sets the District Cash Services strategy and long-term objectives, ensuring alignment with System Cash and Bank strategy and objectives, and directs the Cash operations leadership teams in achieving the long-term objectives.


* Directs and oversees the Cash operations to ensure they meet operational metrics around compliance, productivity, staffing, budget, inventory management, and training.


* Oversee...