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Federal Reserve Bank of Chicago · 21 hours ago

Cash Operations Specialist I

Chicago, IL

Full-time

Onsite

New Grad, Entry Level

$52K/yr - $61K/yr

Federal Reserve Bank of Chicago is seeking a Cash Operations Specialist I to manage currency operations in a highly controlled and secure environment. The role involves processing, validating, and handling currency while adhering to strict regulations and working effectively as part of a team.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

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

Qualification

Accounting systemsHigh-speed currency equipmentCounterfeit detectionMaterial handling equipmentMS OutlookMS WordMS ExcelTeamworkInterpersonal skills

Required

High school diploma or equivalent

Relevant coursework in business, accounting, and/or computer science

Ability to use MS Outlook, MS Word, MS Excel and automated information technology systems

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

Ability to work 5 days x 8 hours or 4 days x 10 hours

Ability to stand for 80% (or up to 100%) of the workday

Ability to lift and carry up to 50lbs

Ability to push and transport currency containers weighing up to 1500 lbs

Preferred

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

May be 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

Benefits

Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria

A continuous learning environment with opportunities to gain new skills and grow your career.

Company

Federal Reserve Bank of Chicago

Glassdoor3.7

The Federal Reserve Bank of Chicago is a financial institute that provides various financial services.

Founded in 1914

Chicago, Illinois, USA

1001-5000 employees

http://www.chicagofed.org

H1B Sponsorship

Federal Reserve Bank of Chicago has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (3)

2024 (2)

2022 (4)

2021 (4)