Currency Operations Lead

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.

The Cash Function at the Federal Reserve Bank of New York 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.

About the role

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.

Responsibilities

• 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.
• Plan, coordinate, schedule, and assist 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.

Requirements

• 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 the 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.

Pay

Salary Range: $95,000 - $120,000 per year. This 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.

Benefits

• 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: Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership.