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Cash Handler

2 months ago

Boston, Massachusetts, United States Federal Reserve Bank Full time
Job Summary

This position involves the receipt, processing, and payout of currency and coin in a highly controlled and secure environment. The successful candidate will be responsible for adhering to strict procedures and regulations, including those outlined in the Treasury Currency Operations Manual and internal District Cash Procedures.

Key Responsibilities
  • Acquire job knowledge to pay and receive currency/coin to depository institutions, and/or operate high-speed currency equipment, while achieving challenging production standards and complying with stringent procedures, controls, and attendance requirements.
  • Balance deposits and process financial accounting transactions/entries to depository institutions using accounting operating systems and Cash Services unique inventory and processing applications.
  • Navigate complex inventory tracking within said systems to record inventory and transfers among internal valuables handling teams and external customers, account for differences, and other pertinent data elements.
  • Ensure the accuracy of physical counts as well as automated accounting and transfer records.
  • Comply with stringent documentation requirements and obtain counterfeit certification to detect counterfeits and altered notes through manual inspection.
  • Transfer and store significant values and quantities of currency and coin using material handling equipment, and maintain custody and accountability throughout completion of these processes.
  • Receive training and certification to operate material handling equipment as required by OSHA.
  • Demonstrate ability to operate in a confined team environment with high results orientation, display effective interpersonal skills, and identify and alert management team to control and procedure exceptions and equipment problems.
  • Demonstrate the ability to correct routine mechanical issues with currency verification machines.
Requirements
  • Knowledge normally acquired through the completion of an associate degree and/or a minimum of 1-3 related work experience.
  • Ability to push equipment weighing 800 pounds and stand for extended periods of time.
  • Math, balancing, accounting, and MS Office proficiency.
  • Basic 10-key skills preferred.
Work Environment

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to providing equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

All employees assigned to this position will be subject to FBI fingerprint/criminal background and Patriot Act/Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.