Job description
Company
Federal Reserve Bank of New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
What we do:
The Federal Reserve Bank of New York Cash Function has a long history of innovation and leadership as a high volume processor of U.S. Banknotes. The facility utilizes state-of-the-art automation to support operations and controls. The Cash Function pays out and receives deposits of currency from depository institutions (DIs), central banks and other governmental counterparties. Incoming deposits are processed to cull out unfit and suspected counterfeit notes and
remaining currency is repackaged for recirculation back to the depository institutions.
This position is located in East Rutherford, New Jersey and there may be some limited travel (both domestic and international).
Your role as a Currency Services Manager:
As a Currency Services Manager, you will provide oversight for the distribution of U.S. dollar banknotes and ensure depository institutions (DIs) with account holders are within compliance.
Provide management oversight for the daily cash operation including payments, receipts and processing of high value cash shipments from both domestic and international depository institutions.
Assure high performance, high productivity, efficiency and strong governance. Oversee a heavily regulated business environment, maintain strong controls and seek improvements to the control environment to manage operational, financial and compliance risk. You will:
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Provide leadership and direction related to cash.
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Assure high performance, high productivity, efficiency and strong governance.
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Maintain successful relationships with internal and external lines of businesses to maximize efficiency and operational effectiveness.
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Demonstrate leadership skills including the ability to think strategically, lead change, and manage and motivate various levels of staff.
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Manage experienced professionals who exercise latitude and independence in assignments.
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Focuse on policy and strategy implementation for short-term results.
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Participate on Federal Reserve System workgroups to promote best practices at other cash offices and engage in policy and product development related to cash and retail payments.
What we are looking for:
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Relevant experience, primarily in an operations environment with some experience managing a
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multi-shift operation preferred;
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Proven operations management skills and ability to meet production parameters, review business controls, and meet cost controls.-Think strategically, lead change, and manage and motivate various levels of staff.
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Proven project management skills with a focus on building high performance relationships and processes to drive projects forward.
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Strong critical thinking skills combined with ability to synthesize data and analysis.\ Technological savvy.
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Ability to present analysis in writing and verbally.
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Strong influencing skills and ability to work collaboratively, especially when dealing with outside stakeholders.
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Background in engineering, manufacturing or supply chain, preferred.
Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
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Fully paid Pension plan and 401k with Generous Match
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Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
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Subsidized Public Transportation Program
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Tuition Assistance Program
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Onsite Fitness & Wellness Center
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Andmore
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
The successful candidate must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an exemption based on a medical condition or sincerely held religious belief.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Banking Services
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.
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