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Cash Operations Specialist I (Detroit Branch)
Cash Operations Specialist I (Detroit Branch)-May 2024
Detroit
May 27, 2026
About Cash Operations Specialist I (Detroit Branch)

  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.

  YOU WILL

  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

  YOU BACKGROUND

  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

  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

  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 1,500 lbs

  OTHER REQUIREMENTS

  As a condition of employment, Federal Reserve Bank of Chicago 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 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

  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

  Work Shift

  First (United States of America)

  The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

  Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

  OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

  OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

  Why Our People Choose Us:

  Our reputation precedes us

  There will always be room for personal growth

  Our people are first

  You’ll find the right balance

  Your responsibilities will be meaningful

  We hope that you will be our future colleague.

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