Currency Operations Lead

Posted 3 Days Ago
Be an Early Applicant
East Rutherford, NJ, USA
In-Office
95K-120K Annually
Senior level
Fintech • Payments • Financial Services
The Role
Lead and supervise currency processing operations, manage daily scheduling and resources, monitor metrics and controls, drive process improvement and projects, ensure regulatory compliance and business resiliency, coach staff, and collaborate with internal and external stakeholders to maintain high operational performance.
Summary Generated by Built In
CompanyFederal Reserve Bank of New York

Federal Reserve Bank of New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

What we do: 

The Federal Reserve Bank of New York Cash Function has a long history of innovation and leadership as a high-volume processor of U.S. Banknotes. The facility utilizes state-of-the-art automation to support operations and controls. The Cash Function facilitates payments, receipts and processing of currency/coin to and from depository institutions (DIs), central banks and other governmental counterparties.  

The New York Fed is seeking a Currency Operations Lead with capability in operations management, process improvement, project management, and risk/ compliance management. The successful candidate should have strong experience in a supply chain operation within a highly regulated industry. This role is onsite and located in East Rutherford. New Jersey

Your role as Currency Services Operations Lead:

  • Supervise direct reports in the facilitation of payments, receipts and processing of currency/coin to and from depository institutions (DIs), central banks and other governmental counterparties. 

  • Plans, coordinates, schedules, and assists in the oversight of all resources and activities regarding daily operations.

  • Compile reports and monitor metrics to ensure operational performance and control objectives meet high standards.

  • Exercise agility by thinking strategically, executing tactically, and collaborating across diverse teams, levels, and situations.

  • Support a business resiliency model centered on continuity and capacity building.

  • Participate in system workgroups and support projects within the district.

  • Research, clarify, and resolve routine operational problems across multiple work processes

  • Foster a culture of innovation, by encouraging different perspectives and innovative approaches while ensuring team members feel valued and respected.

  • Proactively support operation staff development by providing guidance and coaching

  • Maintain strong controls in a heavily regulated environment to enable adherence to risk management requirements

What we are looking for:

  • Operations management or related discipline and/or significantly demonstrated experience required

  • Operations management skills and ability to maintain business controls

  • Demonstrated leadership skills including the ability to think strategically and lead change

  • Experienced understanding of business line and of specialized discipline and an understanding of the overall Bank.

  • Project management skills with a focus on building high performance relationships and processes to drive projects forward

  • Strong critical thinking skills combined with ability to synthesize data and analysis

  • Excellent written and verbal communication skills and the ability to present analysis in writing and verbally

  • Strong influencing skills and ability to work collaboratively, especially when dealing with outside stakeholders

  • Ability to manage and motivate various levels of staff

  • Ability and willingness to work overtime

  • We recommend including a cover letter, along with your resume, to highlight your experience as it relates to the position requirements

  

Salary Range: $95,000 -120,000 / year

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

How We’ll Support You:   

Our programs and benefits are designed to support you through all your life stages: 

  • Learning & Growing: Educational assistance, career development tools, and stretch opportunities 

  • Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more 

  • Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center 

  • Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program 

Our Culture is deeply grounded in our Touchstone Behaviors— By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more.    

Application Deadline: August 21, 2026

Apply now if you’re ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here to see all our open roles. 

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.  

   

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.   

  

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.  

In addition, candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and during employment.   

Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job CategoryOperations Family Group

Work ShiftFirst (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice

Skills Required

  • Operations management experience or related discipline with demonstrated operational leadership
  • Experience supervising and managing direct reports
  • Ability to maintain strong business controls in a regulated environment
  • Project management skills and ability to drive cross-functional projects
  • Strong critical thinking and ability to synthesize data and analysis
  • Excellent written and verbal communication and presentation skills
  • Strong influencing skills and ability to work collaboratively with external stakeholders
  • Ability to manage and motivate staff at various levels
  • Willingness and ability to work overtime
  • Undergo enhanced background check, comply with information handling rules, and pass controlled substance testing
  • Cover letter to highlight relevant experience
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The Company
Kansas City, MO
2,289 Employees

What We Do

This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed. The Fed - Make a world of difference in the global economy OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague. Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve. Atlanta https://www.frbatlanta.org/ Boston http://www.bostonfed.org/ Chicago https://www.chicagofed.org/ Cleveland https://www.clevelandfed.org/ Dallas http://dallasfed.org/ Kansas City https://www.kansascityfed.org/ Minneapolis https://www.minneapolisfed.org/ New York http://www.newyorkfed.org/ Philadelphia https://www.philadelphiafed.org/ Richmond https://www.richmondfed.org/ San Francisco http://www.frbsf.org/ St. Louis https://www.stlouisfed.org/ Board http://www.federalreserve.gov/

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