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Cash Operation Generalist/Senior/Assistant (Vault Operations 1st Shift)

Federal Reserve Bank of Philadelphia
life insurance, vision insurance, parental leave, sick time, tuition reimbursement, 401(k)
United States, Pennsylvania, Philadelphia
10 South Independence Mall West (Show on map)
Jan 21, 2026
CompanyFederal Reserve Bank of Philadelphia The 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.

The job description below is a multi-grade job posting. Candidates who have a lower level of experience, education, or qualifications may also be considered.

You will work full-time on site in Philadelphia, PA. 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.

We ask that you have comprehensive knowledge of applicable controls and procedures. Cash handling, warehouse, or manufacturing experience is a requirement for this position.

You will communicate daily with team, field engineers, and management daily. We also ask that you have the ability to coach team members and to provide on the job training for less experienced and new employees.

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:

  • Ensure that all daily processing activities are accomplished in an accurate, efficient, and detailed manner.
  • Ensuring team documents are accurate by reviewing and correcting exceptions.
  • Maximizing production of team by ensuring established workflows are followed.
  • Maintain processing area organization before and during processing to ensure daily tasks are completed timely.
  • Assist team members with work responsibilities as needed.
  • Provide guidance to team members on proper procedures and how to address processing challenges that occur.
  • Take on lead role within team in identifying and resolving processing and end of day settlement issues as they occur.
  • Collaborate with management and field engineers to resolve technical issues as needed.
  • 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.
  • Perform as a witness for currency destruction.
  • Enter data into the automated settlement system for all transactions.
  • Provide on the job training for new employees.
  • Opening and closing of vault doors.
  • Verify contaminated currency for authenticity.
  • Destroy contaminated and unfit currency.
  • Performing physical inventory of holdings and preparing financial settlements daily.
  • Perform end of shift area inspections to ensure all valuables are properly secured.
  • Cross train for functions outside of assigned areas.
  • Travel to assist other Federal Reserve districts as needed.
  • Help with ordering of supplies needed for the operations.
  • Perform other related duties as assigned.

What You Have:

Knowledge and Skills:

  • Demonstrated coaching and training abilities.
  • Demonstrated proficiency in mathematics.
  • Possess relevant cash handling experience.
  • Experience with FRS valuable handling procedures.
  • Communication and critical thinking skills.
  • Ability to operate pallet jack and forklift equipment.

Education and Experience:

  • High School diploma preferred and/or equivalent work experience.
  • Minimum five years' work experience in similar capacity.

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 require for specific functions.
  • Required to exceed a minimum production standard in assigned division of Cash.
  • Will work overtime.

Physical Requirements:

  • Ability to lift 5-50 lbs. from ground level up to a height of four feet.
  • Ability to work while standing for extended periods of time.
  • Ability to load/unload containers for extended periods of time.
  • The ability to push/pull containers weighing between five hundred to over 1,000 pounds.
  • Ability to operate the forklift and pallet jacks.

The salary grades for this position are (5, 7, 9). Final salary and offer will be determined by the applicant's background, experience, and skills, and internal equity and alignment with market data.

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
  • Flexible Work Schedule available in most departments
  • 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 "@phil.frb.org" domain or through the Workday system "rb@myworkday.com". 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 TalentAcquisition@phil.frb.org.
  • 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 TalentAcquisition@phil.frb.org.
  • All Federal Reserve Bank of Philadelphia 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 officer if necessary. You should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
  • You will be required to complete a background investigation including drug testing as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be drug screened for the presence of marijuana. Any hiring decision based on a background investigation will be made following an individualized assessment that is job-related and consistent with business necessity and applicable law. 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.
  • All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
  • 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.
  • By applying to this position, you agree you will be available to work on-site in a full-time capacity.
  • Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.

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Full Time / Part TimeFull time Regular / TemporaryRegular Job Exempt (Yes / No)No Job CategoryOperations Family Group Work ShiftFirst (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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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