Cash Services Assistant (Vault Operations 1st Shift)
Cash Services Assistant (Vault Operations 1st Shift)
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Job Description
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Federal Reserve Bank of PhiladelphiaJob Description SummaryThe Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that together with the Board of Governors in Washington D.C. make up the Federal Reserve System. It helps formulate and implement monetary policy supervises banks and bank and savings and loan holding companies and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania southern New Jersey and Delaware.
Reporting to the Cash Supervisor you will follow a strict set of defined rules and regulations to receive payout and process currency in a high-volume production environment under general supervision.
While Cash handling experience is a plus it is not a requirement for this position. Consideration will also be given to individuals who have warehouse or manufacturing experience. You will support the destruction and distribution of currency according to established guidelines.
This position is for the 1st shift:
Monday- Friday 7:00 AM approximately 4:00 PM flexibility is needed for potential overtime and end of shift settlement.
What You Will Do:
Responsibilities may include:
- Accept and verify deposits of currency and coin from armored carriers.
- Store currency and coin to vaults to await processing.
- Operate high-speed processing equipment.
- Perform internal transfers as needed.
- Fill currency orders for pay-out to designated carriers.
- Enter data into the automated settlement system for all transactions.
- Performing physical inventory of holdings and preparing financial settlements daily.
- Perform end of shift area inspections to ensure all valuables are properly secured.
- Opening and closing of vault doors.
- Performs other related duties as assigned.
Knowledge:
- Have relevant cash handling manufacturing or clerical experience.
- Effective communication and critical thinking skills.
- Operate pallet jack and forklift equipment.
What You Have:
Education and Experience:
- High School diploma preferred or equivalent work experience.
- Entry level math test (administered by recruiter) may be required prior to interview by department.
- Minimum one year work experience.
Other Requirements:
- Employee is confined to a specific secured work area.
- Employee is accountable for large amounts of currency and coin.
- Extensive periods of standing lifting and bending on hard floor surface and walking long distances.
- Wear uniform smock when in secured areas.
- Safety shoes required for specific functions.
- Required to meet a minimum production standard in assigned division of Cash.
- Will work overtime.
Physical Requirements:
- Lift 5-50 lbs. from ground level up to a height of four feet.
- Work while standing for extended periods of time.
- Load/unload containers for extended periods of time.
- Push/pull containers weighing between 500 to over 1000 pounds.
- Operate the forklift and pallet jacks.
We offer a great benefits package that features:
- Medical (4 options) Prescription Dental (3 options) and Vision Insurance with no waiting period
- 401k/Thrift Plan with generous employer match
- Employer-funded Pension Plan
- Paid Vacation/Sick Time & Holidays
- Monthly $200 Commuter Allowance
- Flexible Spending Accounts and Healthcare Spending Accounts
- Life Insurance and Long Term Disability Insurance
- Tuition Reimbursement (undergraduate and graduate)
- Parental Leave
- Free onsite 24/7 Fitness Center including training classes Peloton bikes and locker room / shower facilities
- Onsite Cafeteria & Coffee Shop
- Additional Convenience Benefits Discounts and More
Additional Information:
- The Federal Reserve Bank of Philadelphia takes your information privacy seriously. Federal Reserve Bank of Philadelphia staff will only email you from the @ domain or through the Workday system . If you are initially contacted by phone feel free to request that the caller provide you with their email address to validate their identity. If you have any questions about the validity of someone who contacts you regarding this position please email the Talent Acquisition team at .
- We are an equal opportunity employer committed to hiring the best candidates and to providing equal employment opportunity to all persons without regard to race color religion sex pregnancy national origin age genetic information disability military service or any other basis protected by law.
- We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process to perform essential job responsibilities and to receive other benefits and privileges of employment. If you need assistance or an accommodation due to a disability please email us at
- All Federal Reserve Bank of Philadelphia employees must comply with the Banks ethics rules which generally prohibit employees their spouses/domestic partners and minor children from owning securities such as stock of banks or savings associations or their affiliates such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment you should raise this issue with the Recruiter for this posting who can provide you contact information for our ethics officer if necessary. You should review the Banks Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
- Background investigations and drug testing are required for all new hires as a condition of employment after the job offer is made. Candidates for positions deemed as safety sensitive will also be screened for the presence of marijuana. Employment may not begin until the Bank accepts the results of the background investigation.
- Because this job is considered a safety sensitive position following a conditional offer of employment a drug screen for all controlled substances prohibited by federal law including marijuana will be required.
- Certain eligibility rules apply. You will provide work authorization to prove your eligibility to work in the United States.
- The above statements are intended to describe the general nature level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position management reserves the right to revise this or any job description at its discretion at any time.
- Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.
#LI-Onsite
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
NoJob Category
Operations Family GroupWork Shift
First (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 ( or through verified Federal Reserve Bank social media channels.
Employment Type
Full-Time
