Federal Reserve Bank

Assistant Manager of Cash Operations (Los Angeles)

Federal Reserve Bank$97K — $154K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • 5+ years in cash/business operations
  • 3+ years leading teams
  • Strong leadership and communication skills
  • Analytical and problem-solving abilities
  • Microsoft Office proficiency
  • Ability to work onsite Monday-Friday, 7 AM-4 PM
  • Adapt to different shifts based on business needs

Responsibilities

  • Supervise currency processing activities and optimize staff resources
  • Set team goals and monitor progress to improve production
  • Create and maintain quality control policies and conduct risk assessments
  • Mentor and coach team members for career advancement
  • Resolve operational issues across machine performance and transactions
  • Manage customer and vendor relationships to ensure service quality

Benefits

  • Competitive pay + bonus plan granted based on performance
  • Generous medical, dental + vision insurance coverage
  • Competitive retirement benefits including pension and employee matching 401k program
  • Flexible time off for vacation and personal care
  • Clear career path opportunities, including tuition reimbursement for education
  • Volunteer time off to give back to your community
Full Job Description
Assistant Manager of Cash Operations (Los Angeles)

Lead our Los Angeles Cash Operations team in processing U.S. currency using advanced authentication and sorting technology. This is a critical leadership role overseeing a large team in a fast-paced, highly regulated environment where your work directly impacts the nation's financial stability.

Location: 950 Grand Avenue, Los Angeles, CA
Schedule: Monday-Friday, 7:00 AM-4:00 PM (Onsite)
Reports to: Cash Operations Manager


What You'll Do:
  • Lead Operations: Supervise currency processing activities, optimize staff resources and machine utilization, and meet customer deadlines while achieving quality, cost, and efficiency metrics
  • Drive Performance: Set team goals, monitor progress, and implement solutions to improve production and operational effectiveness
  • Manage Risk: Create and maintain quality control policies, conduct risk assessments, and ensure compliance with Federal Reserve regulations
  • Build & Develop a High-Performing Team: Mentor, coach, and train team members for career advancement and high performance
  • Solve Problems: Resolve operational issues ranging from routine to complex across machine performance, inventory, customer transactions, and accounting
  • Build Relationships: Manage customer and vendor relationships to ensure service level adherence


Qualifications:
  • Bachelor's degree or equivalent work experience
  • 5+ years in cash/business operations
  • 3+ years leading teams
  • Strong leadership and communication skills
  • Analytical and problem-solving abilities
  • Microsoft Office proficiency
  • Ability to work onsite Monday-Friday, 7 AM-4 PM
  • Adapt to different shifts based on business needs


Key Success Factors:
  • Demonstrated accountability, collaboration, and influence
  • Emotional intelligence and interpersonal effectiveness
  • Ability to make data-driven decisions
  • Experience in regulated or high-security environments (preferred)


Compensation & Benefits:

Base Salary Range: Min: $97,100 Mid: $126,000 Max: $154,900 (Location: Los Angeles)

Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and alignment with geographic and other market data.

Benefits:
  • Competitive pay + bonus plan granted based on performance.
  • Generous medical, dental + vision insurance coverage
  • Competitive retirement benefits including pension and employee matching 401k program
  • Flexible time off for vacation, to care for oneself and family, or pet because we respect the need for work/life harmony
  • A clear career path with opportunities for development, both personally and professionally, which includes tuition reimbursement for college and master's degree as well as profession certifications
  • Volunteer time off to give back to your community


Full Time / Part Time
Full time

Regular / Temporary
Regular

Job Exempt (Yes / No)
Yes

Job Category
Operations Family Group

Work Shift
First (United States of America)

About Federal Reserve Bank

Industry
Founded
1913

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