Federal Reserve Bank of Philadelphia · 22 hours ago
Cash Operation Generalist/Senior/Assistant (Vault Operations 1st Shift)
Philadelphia, PA
Full-time
Onsite
Mid, Senior Level
5+ years expThe Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that make up the Federal Reserve System. They are seeking a Cash Operation Generalist/Senior/Assistant to manage currency processing in a high-volume production environment, ensuring accuracy and efficiency in daily operations while providing guidance and training to team members.
Financial Services
No H1B
Responsibilities
Ensure that all daily processing activities are accomplished in an accurate, efficient, and detailed manner
Ensuring team documents are accurate by reviewing and correcting exceptions
Maximizing production of team by ensuring established workflows are followed
Maintain processing area organization before and during processing to ensure daily tasks are completed timely
Assist team members with work responsibilities as needed
Provide guidance to team members on proper procedures and how to address processing challenges that occur
Take on lead role within team in identifying and resolving processing and end of day settlement issues as they occur
Collaborate with management and field engineers to resolve technical issues as needed
Accept and verify deposits of currency and coin from armored carriers
Store currency and coin to vaults to await processing
Operate high-speed processing equipment
Perform internal transfers as needed
Fill currency orders for pay-out to designated carriers
Perform as a witness for currency destruction
Enter data into the automated settlement system for all transactions
Provide on the job training for new employees
Opening and closing of vault doors
Verify contaminated currency for authenticity
Destroy contaminated and unfit currency
Performing physical inventory of holdings and preparing financial settlements daily
Perform end of shift area inspections to ensure all valuables are properly secured
Cross train for functions outside of assigned areas
Travel to assist other Federal Reserve districts as needed
Help with ordering of supplies needed for the operations
Perform other related duties as assigned
Qualification
Required
Comprehensive knowledge of applicable controls and procedures
Cash handling, warehouse, or manufacturing experience
Demonstrated coaching and training abilities
Demonstrated proficiency in mathematics
Possess relevant cash handling experience
Experience with FRS valuable handling procedures
Communication and critical thinking skills
Ability to operate pallet jack and forklift equipment
Minimum five years' work experience in similar capacity
Employee is confined to a specific secured work area
Employee is accountable for large amounts of currency and coin
Extensive periods of standing, lifting, and bending on hard floor surface and walking long distances
Wear uniform smock when in secured areas
Safety shoes required for specific functions
Required to exceed a minimum production standard in assigned division of Cash
Will work overtime
Ability to lift 5-50 lbs. from ground level up to a height of four feet
Ability to work while standing for extended periods of time
Ability to load/unload containers for extended periods of time
The ability to push/pull containers weighing between five hundred to over 1,000 pounds
Ability to operate the forklift and pallet jacks
Preferred
High School diploma preferred and/or equivalent work experience
Benefits
Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
401k/Thrift Plan with generous employer match
Employer-funded Pension Plan
Paid Vacation/Sick Time & Holidays
Monthly $200 Commuter Allowance
Flexible Spending Accounts and Healthcare Spending Accounts
Flexible Work Schedule available in most departments
Life Insurance and Long-Term Disability Insurance
Tuition Reimbursement (undergraduate and graduate)
Parental Leave
Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities
Onsite Cafeteria & Coffee Shop
Additional Convenience Benefits, Discounts and More…
Company
Federal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Jeanne Rentezelas
First Vice President & COO
Gail Baker, PHR
Talent Acquisition Partner
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