Cash Operations Specialist I

Company

Federal Reserve Bank of Chicago

As Cash Specialist I you will receive, process, pay out, destroy and validate currency in a highly controlled, monitored, regulated and secure environment for a single function in Cash.

Strict adherence to a set of defined rules and regulations, including those outlined in the Federal Reserve Currency Operations Manual (FRCOM), Custody Control Principles and Standards (CCPS), and internal District Cash Procedures, is required.

The level of work required is considered entry and staff must be able to work as part of a custody team and under general supervision.

Your Responsibilities:


* Receive, process, pay out, destroy and validate currency in a highly controlled, monitored, regulated and secure environment for a single function in Cash


* The level of work required is considered entry and staff must be able to work as part of a custody team and under general supervision


* Read, understand and consistently apply educational materials and manuals to perform operational roles in Cash Services


* Acquires job knowledge to operate high-speed currency equipment and/or pay and receive currency/coin to depository institutions, achieving challenging production standards and complying with all applicable procedures and controls


* Balances deposits and processes entries to depository institutions using accounting operating systems and Cash Services unique inventory and processing applications


* Navigates complex inventory tracking within relevant accounting systems to record batch statistics/inventory, transfers among internal valuables handling teams and external customers, and other pertinent data elements


* Responsible for ensuring the accuracy of automated accounting and transfer records.


* Transfers and stores significant values and quantities of currency and coin manually or using material handling equipment and maintains custody and accountability throughout completion of these processes


* Identifies and alerts management/team to control and procedural exceptions


* Demonstrates ability to operate in a team environment with high results orientation; displays effective interpersonal skills


* Be adept to a production environment

Your Background:


* High school diploma or equivalent


* Ability to use Microsoft Office Suite and automated information technology systems


* required to obtain counterfeit certification and be able to physically detect counterfeits and altered notes through manual inspection


* Required to maintain certification through semi-annual testing


* May be required to receive training and certification to operate material handling equipment as required by OSHA


* Ability to work as a team member in a highly sensitive and rigorously controlled and monitored environment


* Ability to work 5 days, M-F, shift is from 5:40am to 2:50pm or 6:00am to 3:15pm


* Ability to stand for 80% (or up to 100%) of the wor...