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Cash Services Supervisor

Role overview

Qualifications

  • Bachelor's degree in business management or a related field, or equivalent combination of education and experience
  • Experience demonstrating leadership skills informally required
  • Strong compliance focus to lead adherence to all controls and procedures
  • Strong relationship management and communication skills

Responsibilities

  • Manage workflow and staffing of a complex currency processing operation
  • Ensure adherence to controls, regulations and procedures
  • Resolve routine to moderately complex problems and assist staff in resolving issues
  • Monitor important unit metrics and adjust resources accordingly

Key facts

Hard skills

Other skills

  • Supervision
  • Team Leadership
  • Problem Solving
  • Communication
  • Relationship Management
  • Detail Oriented

About the company

Federal Reserve Board logo

Federal Reserve Board

Banking

The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. Today the Federal Reserve's duties fall into four general areas: Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates. Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers. Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets. Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.

Company details

IndustryBanking
Company size1001 - 5000

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Job description

Company

Federal Reserve Bank of Kansas CityThe Cash Services vault Supervisor manages currency. The ideal candidate is someone looking to provide long-term leadership and stability to operations, while supervising a team of 4 cash operating clerks that process and reconcile currency deposits, as well as a cash operations specialist who assists in all processes.

Key Activities 

  • Manage workflow and staffing of a complex currency processing operation to ensure efficient use of staff and processing of currency.
  • Ensure adherence to controls, regulations and procedures, including the Federal Reserve Currency Operations Manual, Federal Reserve System Custody Control Principals and Standards and local operating procedures.
  • Resolve routine to moderately complex problems/out of balance conditions. Escalate more complex issues and concerns. 
  • Assist staff in resolving issues associated with daily operations, including balancing issues.
  • Identify and analyze new procedures to improve efficiency of operations.
  • Make recommendations and implement changes. Report exceptions or variances and escalate.
  • Supervise, coach, and develop staff members by communicating performance expectations and providing on-going feedback.
  • Make recommendations about employee recognition, hiring, salary, promotions and disciplinary actions.
  • Communicate with staff and others about decisions affecting teamwork, process, resources, and other responsibilities. 
  • Monitor important unit metrics, such as quality measures, productivity, and volumes, against targets, and adjust resources.
  • This position is considered onsite essential and located in Kansas City, work from home flexibility is minimal.

Qualifications  

  • Bachelor's degree in business management or a related field, or equivalent combination of education and experience.
  • Typically does not require any previous formal leadership role, experience demonstrating leadership skills informally required.  Working in an operation or compliance-focused environment is strongly preferred.
  • Strong compliance focus to lead adherence to all controls and procedures, while identifying process improvements.
  • Production operation mindset with expert attention to detail and strong judgement.
  • Strong people leadership and ability to work with others to accomplish tasks.
  • Strong relationship management and communication skills to work in fast-paced team environment.

Additional Information 

How We Work:  

  • Onsite, full-time
  • Location(s): Denver, CO
  • Remote Only Eligible: No 
  • Work Shift: Second Shift: 10 hours shift from 4:30PM - 3:30AM Monday - Thursday

Pay Range: The starting pay range for this position is $82,800 - $107,100 for the job level(s) required for this position. Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location.


Screening Requirements: Certain eligibility requirements apply. 


Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. 


About Us 


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Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work Shift

Second (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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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Marcus Rivera

Chief Revenue Officer

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