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Cash Supervisor - Night Shift

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Federal Reserve Bank of Chicago
Full Time position
Listed on 2026-09-15
Job specializations:
  • Management
    Operations Management, General Management
Salary/Wage Range or Industry Benchmark: 119200 - 141000 USD Yearly USD 119200.00 141000.00 YEAR
Job Description & How to Apply Below

Company

Federal Reserve Bank of Chicago

Supervises a staff of direct report operations personnel engaged in one or more valuables handling units of the Cash Services Department. Schedules and assigns daily work assignments and monitors operations to ensure duties are performed accurately, in accordance with established procedures and deadlines. Ensures the appropriate circulation of a significant value of currency/coin inventory to meet the needs of financial institutions during normal operations and contingency events.

Develops and recommends work methods to maximize operational efficiency. Maintains working knowledge and ensures proper application of all Cash governing procedures including Custody Control Standards, Federal Reserve Currency Operational Manual, District Procedure Manual, and other Cash governing documents. The level of work is considered advanced and staff must be able to work under minimal supervision. This job has direct reports.

Your

Responsibilities
  • Supervises a staff of direct reports, coordinators and operations personnel engaged in one or more units of the Cash Services Department.
  • Schedules and assigns daily work assignments and monitors operations to ensure duties are performed accurately, in accordance with established procedures and deadlines.
  • Coordinates workflow, solves operational problems and delegates work assignments.
  • Coordinates staff meetings.
  • Monitors quality and production standards.
  • Recommends, develops and implements programs to improve quality and enhance productivity.
  • Consults with department management, other departments and financial institutions to discuss and resolve operational problems.
  • Demonstrates effective leadership skills by acting in a manner that demonstrates the Bank's vision, values and desired culture; demonstrates respect for everyone, fosters an environment that provides an opportunity for staff to grow and excel; builds and sustains productive relationships; addresses conflict respectively and constructively; and works in partnership within and across work groups; provides both peer and staff level coaching and mentoring.
  • Assists in the development and administration of staff.
  • Trains and/or directs employee training in operational procedures and controls.
  • Prepares and administers performance evaluations and other personnel related matters.
  • Monitors staff time and attendance.
  • Counsels employees on performance, recommends promotions and placements.
  • Coordinates and/or conducts staff training.
  • Participates in employment decisions by interviewing and selecting qualified candidates.
  • Participates in internal initiatives and acts as a representative of the Seventh District when applicable.
  • Responsible for the daily opening and closing of vault doors and associated positioning of supporting structures.
Unit

Specific Duties :
High Speed Unit:
  • Ensures currency is processed timely and efficiently and maintains, tests, and tracks sensors.
  • Provides technical assistance to staff and field engineers.
  • Performs testing of highly technical processing equipment.
  • Coordinates equipment maintenance/repair with field engineers and other outside contractors.
Paying and Receiving Unit:
  • Ensures the efficient flow of currency to and from High Speed.
  • Coordinates external shipments with other Federal Reserve Banks.
  • Plan new currency shipments to ensure appropriate payable inventory is maintained.
Coin Unit:
  • Monitors daily activities of all terminals.
  • Performs periodic audits of terminals.
  • Orders coin from the Mints.
Administration Unit:
  • Ensures daily balancing of all Cash Department's entries to the Bank's accounting system and accurate reporting of statistical data
  • Leads the department in testing, training and implementation of various Cash automated systems.
Your Background
  • Bachelor's Degree or equivalent experience as noted below
  • 3 to 5 years of related work experience
  • Prior experience in Operations/Production management
  • Relevant coursework in operations, business, computers and/or accounting
  • Demonstrated independent thinking and decision-making abilities
  • Demonstrated people leadership skills
  • Strong analytical skills
  • Solid communication skills, both oral and written
  • Ability to use MS Outlook, MS Word, MS Excel and automated information technology systems
  • Ability to work extended hours
What We Offer
  • Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
  • A learning environment with…
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