Cash Handler

About the position

As a Cash Handler at the Federal Reserve Bank of Boston, you will play a crucial role in the receipt, processing, validation, destruction, and payout of currency, as well as the receipt and payout of coin. This position operates within a highly controlled, regulated, and secure environment, where strict adherence to defined rules and regulations is paramount. You will be expected to follow guidelines outlined in the Treasury Currency Operations Manual (TCOM), Custody Control Principles and Standards (CCPS), and internal District Cash Procedures. Your contributions will support the mission of promoting sound growth and financial stability in New England and the nation. In this role, you will acquire the necessary job knowledge to effectively pay and receive currency and coin to depository institutions, while also operating high-speed currency equipment. Achieving challenging production standards and complying with stringent procedures, controls, and attendance requirements will be essential. You will balance deposits and process financial accounting transactions/entries to depository institutions using specialized accounting operating systems and unique inventory and processing applications. Navigating complex inventory tracking within these systems will be a key responsibility, as you will need to record inventory and transfers among internal valuables handling teams and external customers, while accounting for differences and other pertinent data elements. Ensuring the accuracy of physical counts, as well as automated accounting and transfer records, is critical to maintaining operational integrity. Additionally, you will comply with stringent documentation requirements and obtain counterfeit certification, which will enable you to detect counterfeits and altered notes through manual inspection. Maintaining this certification will require you to undergo semi-annual testing. You will also be responsible for transferring and storing significant values and quantities of currency and coin using material handling equipment, ensuring custody and accountability throughout these processes. Training and certification to operate material handling equipment as required by OSHA will be provided. This position demands the ability to operate effectively in a confined team environment with a strong results orientation, demonstrating effective interpersonal skills and a commitment to excellence.

Responsibilities
? Receive, process, validate, and destroy currency and coin in a secure environment.
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? Pay and receive currency/coin to depository institutions and operate high-speed currency equipment.
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? Balance deposits and process financial accounting transactions/entries using accounting operating systems.
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? Navigate complex inventory tracking systems to record inventory and transfers among teams and customers.
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? Ensure accuracy of physical counts and automated accounting records.
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? Comply with stringent documentation requirements and obtain counterfeit certification.
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? Detect counterfeits and altered notes through manual inspection.
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? Transfer and store significant values of currency and coin using material handling equipment.
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? Maintain custody and accountability throughout currency handling processes.
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? Receive training and certification to operate material handling equipment as required by OSHA.

Requirements
? Ability to acquire job knowledge related to currency and coin handling.
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? Experience in operating high-speed currency equipment.
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? Familiarity with financial accounting transactions and inventory tracking systems.
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? Strong attention to detail for accuracy in physical counts and documentation.
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? Ability to detect counterfeits and altered notes through inspection.
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? Capability to work in a team-oriented environment with a focus on results.

Nice-to-haves
? Experience in a banking or financial services environment.
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? Knowledge of Treasury Currency Operations Manual (TCOM) and Custody Control Principles and Standards (CCPS).
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? Previous experience with material handling equipment.

Benefits

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