The St Louis Fed is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas with branches in Little Rock, Louisville and Memphis. The St. Louis Fed's most critical functions include: promoting stable prices and economic growth, fostering a sound financial system, providing payment services to financial institutions, supporting the U.S. Treasury's financial operations, and advancing economic education, community development and fair access to credit.
The Cash Specialist will:
Receive, process, payout, destroy and validate currency in a highly controlled, regulated and secure environment. Adhere to a strict set of defined rules and regulations, including those outlined in the Treasury Currency Operations Manual (TCOM), Custody Control Principles and Standards (CCPS), and internal District Cash Procedures, is required.
Access educational materials and manuals and become familiar with operational procedures and controls to obtain knowledge of basic skills to function in operational roles in Cash Services.
Acquire job knowledge to operate high-speed currency equipment and/or pay and receive currency/coin to depository institutions, achieve challenging production standards and comply with stringent procedures and controls.
Balance deposits and process financial accounting transactions/entries to depository institutions using accounting operating systems and Cash Services' unique inventory and processing applications.
Navigate complex inventory tracking within relevant accounting systems among internal valuable handling teams and external customers to: record batch statistics, inventory and transfers, differences and other pertinent data elements.
Be responsible for ensuring the accuracy of automated accounting and transfer records.
Demonstrate ability to comply with specific documentation requirements.
Obtain counterfeit certification and physically detect counterfeits and altered notes through manual inspection.
Maintain certification through semi-annual testing.
Transfer and store significant values and quantities of currency and coin using material handling equipment; and, maintain custody and accountability throughout completion of these processes.
Receive training and certification to operate material handling equipment as required by OSHA.
Demonstrate ability to operate in a team environment with high results orientation; and, display effective interpersonal skills.