Federal Reserve Bank - New Orleans, LA

posted 4 months ago

Part-time,Full-time - Entry Level
New Orleans, LA
Monetary Authorities-Central Bank

About the position

As a Cash Operations Specialist I/II at the Federal Reserve Bank of Atlanta, you will play a crucial role in supporting the stability and efficiency of the U.S. economy and financial system. This position is based in New Orleans, Louisiana, and is specifically for the night shift, with working hours from 5:15 AM to 5 PM, Monday through Thursday. Your responsibilities will include receiving, processing, paying out, destroying, and validating currency in a highly controlled, regulated, and secure environment. Adherence to a strict set of defined rules and regulations is paramount, including those outlined in the Treasury Currency Operations Manual (TCOM), Custody Control Principles and Standards (CCPS), and internal District Cash Procedures. In this role, you will access educational materials and manuals to familiarize yourself with operational procedures and controls, acquiring the necessary job knowledge to operate high-speed currency equipment. You will be responsible for balancing deposits and processing financial accounting transactions/entries to depository institutions using specialized accounting operating systems. This includes navigating complex inventory tracking within relevant accounting systems to record batch statistics, inventory, transfers among internal valuables handling teams, and external customers, ensuring the accuracy of automated accounting and transfer records. Additionally, you will obtain counterfeit certification and be trained to physically detect counterfeits and altered notes through manual inspection, maintaining certification through semi-annual testing. You will also be responsible for transferring and storing significant values and quantities of currency and coin using material handling equipment, maintaining custody and accountability throughout these processes. The role requires effective teamwork and interpersonal skills, as you will be working in a results-oriented environment.

Responsibilities

  • Receive, process, payout, destroy, and validate currency in a secure environment.
  • Access educational materials to understand operational procedures and controls.
  • Operate high-speed currency equipment and achieve production standards.
  • Balance deposits and process financial accounting transactions using accounting systems.
  • Navigate inventory tracking within accounting systems to record batch statistics and transfers.
  • Ensure accuracy of automated accounting and transfer records.
  • Obtain counterfeit certification and detect counterfeits through manual inspection.
  • Transfer and store currency and coin using material handling equipment, maintaining custody and accountability.
  • Demonstrate effective interpersonal skills and work in a team environment.

Requirements

  • High School Diploma or GED required.
  • Less than two years of experience for Cash I position; 2-5 years for Cash II position.
  • Proficiency in math, balancing, accounting, and MS Office.
  • Ability to lift up to 50 lbs.
  • Ability to stand for extended periods of time.

Benefits

  • Comprehensive healthcare options (Medical, Dental, and Vision)
  • 401K match and a fully funded pension plan
  • Paid vacation and holidays
  • Flexible work environment
  • Generously subsidized public transportation
  • Annual tuition reimbursement
  • Professional development programs, training, and conferences
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