Federal Reserve Bank

Cash Services Supervisor

Federal Reserve Bank$82K — $107K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business management or a related field, or equivalent experience.
  • Experience in an operation or compliance-focused environment preferred, but prior formal leadership experience is not required.
  • Strong compliance focus to ensure adherence to controls and procedures.
  • Detail-oriented with sound judgment in production operations.
  • Demonstrated people leadership skills and ability to collaborate effectively.
  • Excellent relationship management and communication skills for a dynamic team environment.

Responsibilities

  • Manage workflow and staffing of currency processing operations for efficiency.
  • Ensure compliance with controls, regulations, and procedural standards.
  • Resolve routine to moderately complex problems, escalating when necessary.
  • Assist staff with daily operations and balancing issues.
  • Identify and analyze new procedures to enhance operational efficiency.
  • Supervise and develop team members with performance feedback and coaching.
  • Oversee customer service interactions with financial institutions and armored carriers.

Benefits

  • Onsite, full-time position located in Denver, CO.
  • Reduced remote work flexibility, ensuring in-person team collaboration.
  • Opportunity to lead and develop a team in a critical operations role.
  • Gain experience in a complex compliance-focused environment with structured processes.
  • Professional growth through involvement in process improvement and team leadership initiatives.
Full Job Description
The 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 6 cash operating clerks that process and reconcile currency deposits, as well as a cash operations specialist who assists in paying and receiving of 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.
  • Oversee customer service processes with financial institutions and armored carriers.
  • 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


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.

Full Time / Part Time
Full time

Regular / Temporary
Regular

Job Exempt (Yes / No)
Yes

Job Category

Work Shift
First (United States of America)

About Federal Reserve Bank

Industry
Founded
1913

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