Job Details

Overview

Federal Reserve Bank of San Francisco — we are public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. The SF Fed seeks and appreciates new perspectives and provides opportunities to learn and grow. Our values include public service, integrity, performance, ingenuity, and respect.

Mission of Cash Services: Our objective is to collaborate with District and System colleagues to ensure the integrity of U.S. Banknotes as a system of payment is maintained at the highest quality level. We receive deposits, verify them, and pay out orders to depository institutions that participate in the cash life cycle, while complying with governing controls and agency requirements.

Position Overview: The Group Vice President (GVP), Cash Services leads the 12th District Cash Services group, overseeing five cash operations in the District (San Francisco, Los Angeles, Seattle, Salt Lake City, Phoenix) and the District Cash Support team. The GVP ensures cash operations meet goals for accepting deposits of excess and unfit currency, preparing currency and coin for distribution, and removing counterfeit and unfit currency from circulation. The GVP sets the District's Cash Services strategy and directs the cash operations leadership team to achieve these objectives.

Responsibilities

• Sets the District Cash Services strategy and long-term objectives, aligned with System Cash and Bank strategy, and directs the Cash operations leadership teams in achieving those objectives.
• Directs and oversees Cash operations to meet metrics around compliance, productivity, staffing, budget, inventory management, and training.
• Oversee District Cash Support to ensure effective support of Cash Operations through compliance, training, budget oversight, and analytics.
• Ensure cash operations are staffed and managed to assess and mitigate risk and respond to critical business continuity events.
• Support growth and development of Cash Services staff through ongoing training and special programs.
• Oversee expense budgets and long-term capital planning to align with group, Bank, and System strategic needs.
• Lead and/or participate on System workgroups to influence System Cash strategy and share best practices.

Qualifications

• Typically, 15+ years of relevant experience; 12+ years of progressive people and business management experience; 5+ years of leading major projects/initiatives.
• Bachelor's degree required or equivalent work experience; Master's degree preferred.
• Superior people management, interpersonal and organization skills.
• Strong critical thinking and innovative problem-solving skills, with the ability to synthesize data and information.
• Demonstrated ability to multi-task and perform well under pressure.
• Excellent writing, speaking, negotiation, and presentation skills.
• Proven project management skills focused on building high-performance relationships and processes to drive projects forward.
• Proven ability to anticipate and solve complex business issues in a well-informed, accurate, and logical manner.
• Experience collaborating across offices and functions to build relationships and influence key constituents, internally and externally.
• Proven ability to initiate action, adapt to change, make difficult decisions, and accept challenging assignments.
• Ability to assess and adapt new strategies to achieve key objectives in a dynamic environment.
• Must be able to work on site full time at either San Francisco or Los Angeles locations.

Preferred Skills

• Experience in a highly regulated and compliance-oriented environment.
• Senior-level leadership and project management experience.

Compensation and Benefits

Base Salary Range: Min: $255,000; Mid: $330,500; Max: $406,000 (Location: San Francisco or Los Angeles).

Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and alignment with geographic and other market data.

Benefits: Medical, Dental, Vision, Pretax Flexible Spending Account, Paid Family Leave Care, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and a Pension.

The Bank is committed to providing reasonable accommodations to individuals with disabilities to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. The SF Fed is an Equal Opportunity Employer. If you need any assistance or accommodations due to a disability, please let us know at ...@sf.frb.org.

LI-Onsite

Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Operations Family Group Work Shift First (United States of America)

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