Coin Supervisor

Posted Yesterday
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Pennsauken, NJ, USA
In-Office
58K-62K Annually
Entry level
Logistics • Transportation • Financial Services
The Role
Supervise daily coin processing operations, including deposit verification, inventory management, wrapping, shipment preparation, balancing, and discrepancy resolution. Schedule and monitor staff, enforce productivity, safety, security, compliance, and operating procedures, and address customer issues. Operate material-handling equipment and maintain accurate records under dual-control requirements. The role requires flexibility for weekend work and successful completion of a physical Human Performance Evaluation.
Summary Generated by Built In
With a network of nearly 200 branches, Loomis armored transportation, cash management centers, and cash inventory vaults keep cash flowing throughout financial institutions and retail businesses across the US. Loomis prides itself on providing employees with opportunities for career advancement and job satisfaction. In fact, many of our company’s managers, vice presidents, and corporate executives started out in the branches as driver/guards and tellers. Our work can be challenging, but the thousands who have stayed with our company for decades will tell you that if you have the desire to learn and the drive to succeed, Loomis is the place to be. Come join our team!

 

 

SALARY: $58,000.00 to $62,000.00 per year depending on experience 

 

SHIFT: AM

 

POSITION SCOPE:

Supervise daily coin operations, which may include deposit verification, change order preparation, coin wrapping, coin inventory management and balancing with customer reporting. Perform supervisory responsibilities for personnel actions and monitor staff performance. Ensure accountability and security of all funds and adhere to compliance, industry standards, audit requirements, and company policies. Assure quality customer service, schedule staffing to meet productivity goals, and approve exception processing. Overall supervision of operational activities as directed by the CMS Manager.

 

DUTIES AND RESPONSIBILITIES:

  • Implement, monitor, and recommend changes to policies and procedures to ensure accountability, safety and security of all currency and coin.
  • Review and enforce operating systems and procedures within the branch and dependent procedures outside the department. Update as needed to ensure process effectiveness and control, accountability, and security of all coin movement and inventory information.
  • Schedule staff, monitor attendance and adjust payroll accordingly. Recommend disciplinary action as necessary based on attendance and performance.
  • Monitor workflows and adjust staffing needs and maintenance schedules as needed to ensure quality levels of service and performance in conjunction with CMS Manager.
  • Communicate with internal and external Loomis Armored US customers to address and resolve problems, special requests, and/or discrepancy situations.
  • Operate forklift and pallet jacks safely and effectively in accordance with company policy.
  • Balance inbound coin by denomination and by total under dual control and maintain accurate records of all exchanges.
  • Identify all discrepancies upon awareness, alert supervisory staff, and conduct immediate search for resolution.
  • Prepare bulk coin shipments and balance to each Route Pull Sheet by denomination and by total.
  • Release outgoing shipments under dual control and maintain accurate records of all exchanges.
  • Monitor boxed coin levels and direct MYNT staff accordingly to ensure sufficient inventory levels.
  • Monitor and enforce productivity and production goals for processing and wrapping operations.
  • Track and document all coin wrap difference according to procedure.
  • Ensure all coin room staff are in uniform and utilize proper safety apparel / equipment as required by policy.
  •  

STANDARDS OF PERFORMANCE

  • Compliance with all Corporate, District, and Branch policies.
  • Responsiveness to events and issues involving operating effectiveness, efficiency, and policies and procedures.
  • Modeling appropriate behaviors; and regular observation/monitoring of staff activities and needs.
  • Willingness to work a flexible schedule including weekends. 

 

REQUIREMENTS

  • Knowledge of coin logistics and balancing.
  • Computer literate.
  • Supervisory experience.
  • Ability to communicate effectively both verbally and written to external customers as well as internal associates.

 

WORKING CONDITIONS

  • Work is performed within an enclosed area with little or no visibility to the outdoors.
  • Work area is air conditioned/heated (68–72)-degree temperature range) with periodic high noise levels. 

 

ESSENTIAL FUNCTIONS/JOB QUALIFICATIONS

As part of the qualification process for the Coin Processor position, a Human Performance Evaluation (HPE) is required. This evaluation requires successful completion of testing in the following areas:

 

Lift:
- 25lbs vertical lift from 10 inches to 66 inches from the floor (1X)


Lift-Carry:
- 18lbs vertical lift from 1 inch to 44 inches from the floor, and horizontally transfer 15ft (4X)
- 18lbs vertical lift from 10 inches to 36 inches from the floor and horizontally transfer 300ft (1X)
- 50lbs vertical lift from 10 inches to 36 inches from the floor and horizontally transfer 2ft (2X)


Push-Pull:
- Horizontally transfer 47lbs of force on a sled (single, non-dominant arm), a distance of 1ft (2X)
  Repetitive Coupling:
- Squeeze Jamar Hand Dynamometer requiring forces up to 30lbs / both right & left hands (4X each) 


Benefits

Loomis offers one of the most comprehensive employees benefit packages in the industry, which includes:

  • Vacation and Sick Time (PTO) as well as Paid Holidays
  • Health & Dental Insurance
  • Vision Insurance
  • 401(k) Plan
  • Basic Life Insurance Plan
  • Voluntary Life Insurance Plan
  • Flexible Spending and Health Savings Account
  • Dependent Care Account
  • Industry leading Training and Development 

 

Loomis is an Equal Opportunity Employer and Drug Free Workplace. Qualified applicants will receive consideration for employment without regard to their race, color, religion, national origin, sex, sexual orientation, gender identity, protected veteran status or disability.

Skills Required

  • Knowledge of coin logistics and balancing
  • Computer literacy
  • Supervisory experience
  • Effective verbal and written communication with customers and associates
  • Ability to work a flexible schedule, including weekends
  • Ability to successfully complete the required Human Performance Evaluation
  • Ability to lift, carry, push, pull, and perform repetitive hand-force tasks as specified
  • Ability to safely operate forklifts and pallet jacks
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The Company
24,000 Employees
Year Founded: 1897

What We Do

Loomis US is an integrated cash distribution network serving financial institutions and commercial and retail businesses nationwide. It provides cash-handling products and services including secure transport and distribution, handling, storage, and recycling of cash and other valuables. Its operations combine nearly 200 US locations with more than 9,000 employees and 3,000+ vehicles, while it functions as the US division of Loomis AB.

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