Currency Support Associate

Posted 21 Days Ago
Be an Early Applicant
East Rutherford, NJ
75K-85K Annually
1-3 Years Experience
Fintech • Payments • Financial Services
The Role
Experienced team member providing operational and administrative support for front line Cash Operations at the Federal Reserve Bank of New York. Responsible for influencing policies and procedures, compliance activities, and conducting due diligence reviews of operations source documentation. Salary range: $75,000 - $85,000 per year.
Summary Generated by Built In

CompanyFederal 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:

 Responsible for receiving, processing, and distributing new and previously circulated currency and coin to depository institutions to meet public demand for legal tender. Activities also include accepting unfit and excess cash from depository institutions, government agencies and others, destroying unfit currency, and distributing new or fit currency both domestically and internationally.

Your role as Currency Support Associate:

  • Experienced team member providing operational and administrative support for front line Cash Operations. Functions as an SME to support training, compile metrics, conducts reviews of source documentation, and participates in internal and system initiatives.
  • Acted as seasoned individual contributor. Works independently with limited supervision and may manage projects/processes. Coaches and reviews the work of other professionals.
  • Influences others regarding policies, practices, and procedures. Tactical - focused on the plans to achieve goals and objectives the "how", Transactional - carries out defined steps or processes.
  • Supports the processing floor to deliver strong compliance and productivity results.

What we are looking for:

  • Highly effective at influencing without independent authority when managing assignments requiring staff interactions.
  • Support the Compliance team's activities for the Difference Analysis System and large difference reviews.
  • Coordinates Bank and System training for staff.
  • Conducts Treasury required counterfeit certifications for the operations staff.
  • Assigned as a management designee to perform select Operations Lead tasks.
  • Complies and shares daily/monthly reports for area metrics.
  • Participates in internal and System workgroups/initiatives.
  • Performs due diligence review of operations source documentation.

Salary Range: $75000 - $85000 / 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. 

 

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more. 

 

Benefits:

Our organization offers benefits that are the best fit for you at every stage of your career: 

  • Fully paid Pension plan and 401k with Generous Match 
  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA) 
  • Subsidized Public Transportation Program 
  • Tuition Assistance Program  
  • Onsite Fitness & Wellness Center 
  • And more 

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. 

 

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service. 

 

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. 

 

 

 

 


Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job Category

Work ShiftSecond (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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

The Company
Kansas City, MO
2,289 Employees
On-site Workplace

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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