Cash Specialist I

Company

Federal Reserve Bank of Chicago

Receive, process, payout, 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 Treasury Currency Operations Manual (TCOM), 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.

This role has two available shifts : 5 : 40AM-2 : 50-PM and 6AM-3 : 15PM

COMPANY

Federal Reserve Bank of Chicago-Detroit Branch

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 Treasury Currency Operations Manual (TCOM), 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

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

YOUR BACKGROUND

High school diploma or equivalent

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

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

Will 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

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

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

Ability to lift and carry up to 50 lbs

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

ADDITIONAL REQUIREMENTS

As a condition of employment, Federal Reserve Bank of Chicago-Detroit Branch employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses / domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse / domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you with contact information for our ethics official if necessary.

This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

WHAT WE OFFER

Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off and transit benefit.

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

Onsite gym and subsidized cafeteria

The expected starting salary range for this position is between $51,600 and $61,100 annually. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.

The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here :

Always verify and apply to jobs on Federal Reserve System Careers () or through verified Federal Reserve Bank social media channels.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

No

Job Category

Operations Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers ( ) or through verified Federal Reserve Bank social media channels.

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