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Cash Services Section Manager

Cash Services Section Manager

CompanyThe Federal Reserve System
LocationJacksonville, FL, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesAssociate’s
Experience LevelMid Level, Senior

Requirements

  • High School Diploma or GED
  • Associate’s Degree or 2 years equivalent experience preferred
  • Two to Five years preferred
  • Production Management knowledge
  • Mechanically Inclined
  • Good written/oral communication
  • PC Skills – Office Suite

Responsibilities

  • Recommends, develops and implements programs to improve quality and enhance productivity
  • Monitors department performance in relation to established productivity and quality standards to achieve maximum operational efficiency
  • Performs and/or directs operational studies and analyses
  • Addresses operational problems by identifying and implementing viable resolutions
  • Provides excellent customer service through effective communication with financial institutions regarding problem issues and subsequent solutions
  • Develops and administers subordinate supervisory and operations personnel
  • Directs and/or conducts training in operation procedures and controls to enhance performance and ensure strict compliance with all applicable regulatory guidelines
  • Prepares and administers in-depth performance evaluations
  • Counsels/coaches staff on performance and personnel related matters
  • Recommends salary actions and recognition for employees
  • Proposes and/or administers disciplinary action as needed
  • Manages one or more functional units within the Cash Services Department and assumes responsibility for the department in the Director or Manager’s absence
  • Ensures the appropriate circulation of a significant value of currency/coin inventory to meet the needs of financial institutions and public citizens during normal operations and periods of contingency events
  • Contributes to the development of department goals, objectives and programs
  • Provides input into the department’s annual operating budget
  • Provides technical assistance to staff and field engineers
  • Performs testing of highly technical processing equipment to ensure conformity with all applicable Treasury, Board of Governors, Federal Reserve System and District regulatory policies and procedures
  • Coordinates equipment maintenance/repair with field engineers and other outside contractors
  • Performs supervisory duties as prescribed in the Treasury Currency Operations Manual
  • Reviews and tests procedures and controls to ensure accurate unit audits
  • Monitors compliance with controls, standards and operational guidelines
  • Performs and/or directs procedural and financial audits of operating units, offsite coin terminals, strategic inventory locations, custodial inventory sites and outsourced depots to ensure deficiencies are corrected in a timely manner
  • Ensures staff members review controls and procedures and receive adequate training and ensures procedure manuals are maintained in current status
  • Compiles and reviews statistical data for the Difference Trend Analysis
  • Monitors and approves department expenses
  • Assists in management oversight responsibilities for off-site Bank assets and operations
  • Represents the department to deposit institutions and other groups
  • Prepares and distributes operations bulletins and procedures

Preferred Qualifications

  • Associate’s Degree or 2 years equivalent experience preferred
  • Two to Five years preferred