Cash Manager - Night Shift

Company

Federal Reserve Bank of Chicago

The Federal Reserve is 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.

The Cash Manager leads the activities and personnel of one or more assigned areas within the Cash department, ensuring the secure and efficient circulation of currency and coin to meet the needs of financial institutions and the public both during routine operations and periods of crisis.

This role is responsible for developing, planning, and organizing resources to achieve department goals, objectives, and budget targets, while maintaining strict compliance with all applicable policies and procedures in a controlled environment.

The level of work required is considered advanced and staff must be able to work under minimal to no supervision.

This job has direct reports.

Your Responsibilities


* Primary responsibility for the night shift operation, with accountability for coordinating departmental processes and initiatives across both shifts.


* Manage the operations of the Cash Services Department under the direction of the Cash Services Officer.


* Oversee one or more functional units, ensuring adequate staffing and training to support business needs.


* Develop, plan, and organize resources to meet department goals, objectives, and budget targets.


* Ensure strict compliance with all policies and procedures within controlled environments and valuables handling areas.


* Coordinate employment decisions, including selecting qualified personnel, evaluating performance, recommending salary adjustments, promotions, terminations, and employee training and development.


* Provide support for developing plans and recommend department quality, productivity, and service level goals based on Branch, District, and System standards.


* Monitor and manage daily department/unit activities, including receipt, processing, shipping, and destruction of currency and coin.


* Resolve operational problems and take corrective action to ensure effective operations and adherence to controls.


* Maintain effective communication and coordination between the Cash Services Department and external entities, other Bank departments, Branches, Reserve Banks, and financial institutions.


* Ensure proper application of all governing procedures, including Custody Control Standards, Federal Reserve Currency Operational Manual, District Procedure Manual, and other documents.


* Plan for staffing needs and select qualified staff to meet current and futu...