Federal Reserve Bank Of Chicago Jobs

Job Details

Hiring Organization Federal Reserve Bank of Chicago
Post Name Cash Manager
Qualification Bachelor’s Degree or equivalent experience as noted below
Industry Private
Employment Type Full Time
Work Hours 8 Hours
Salary USD 7000 To USD 8000 Per Month
Location Chicago, Illinois, United States 60604


Federal Reserve Bank of Chicago

Manage the activities and personnel in a support area of the Cash department. Develop and organize all resources to meet department goals. Ensure strict compliance to all applicable procedures within a controlled working environment and/or valuables handling area.

Ensure that all personnel is trained with skills required to support department needs. Coordinate employment decisions including selecting qualified personnel, evaluating, and reviewing employee performance, promotions, and employee development. The level of work required is considered advanced and staff can work under a minimum. This job has direct reports. You will report to the Assistant Vice President.

You will:

  • Ensure compliance with performance and control standards and procedures.
  • Manage daily department and unit activities.
  • Provide support to operations areas as needed.
  • Plan operational improvements, resolve operational problems, and take corrective action to ensure department operations and adherence to controls.
  • Serve as the department liaison with Internal Audit, Accounting (SOX), External Auditors, System Compliance, and the Office of Compliance.
  • Select, develop, and oversee department staff to maximize operational effectiveness.
  • Develop staff to ensure operational depth and maximum use of strengths and abilities.
  • Counsel subordinate staff on performance expectations and progress.
  • Participate in the creation of department staff development opportunities.  
  • Remain knowledgeable of cash services industry issues and trends to assess needs and opportunities for service enhancements.
  • Maintain managerial effectiveness through training, reading professional literature, special assignments, and other developmental activities.

Your background:

  • Bachelor’s Degree or equivalent experience as noted below
  • 5+ years of professional work experience
  • Relevant coursework in operations, business, leadership, or accounting
  • Talent management leadership competencies

Other Requirements:

  • All Federal Reserve Bank of Chicago employees must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so unless the Bank grants an accommodation based on a medical condition or sincerely held religious belief.
  • As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s 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 official if necessary.
  • This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee’s responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

What We Offer:

  • Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, and transit benefit.
  • A continuous learning environment with opportunities to gain new skills and grow your career.
  • Onsite gym and subsidized cafeteria

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.

Work Shift

First (United States of America) The Federal Reserve Bank believes that diversity and inclusion among our employees are 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 opportunities for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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