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Custody Operations Associate Jobs in Texas (NOW HIRING)

We are looking for a versatile Operations Associate with experience in cash processing. You are ... Show strong adherence to the Custody Control principles and operating procedures. You will be based ...

Warehouse Associate

Houston, TX · On-site

$15.25 - $18.25/hr

Your role will support the overall flow of operations, ensuring accurate and timely handling of ... Process warehouse deliveries, check in-bound shipments, provide validation on chain of custody and ...

Warehouse Associate

Schertz, TX · On-site

$14.50 - $17.25/hr

Your role will support the overall flow of operations, ensuring accurate and timely handling of ... Process warehouse deliveries, check in-bound shipments, provide validation on chain of custody and ...

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Custody Operations Associate information

What is the difference between Custody Operations Associate vs Fund Operations Associate?

AspectCustody Operations AssociateFund Operations Associate
Required CredentialsTypically a bachelor's degree; certifications like CFA or CPA are a plusSimilar credentials; often the same certifications are valued
Work EnvironmentFinancial institutions, custodians, banksAsset management firms, investment companies
Employer & Industry UsageUsed in custody banks and custodial servicesCommon in fund management and investment firms
Comparison Search IntentUnderstanding roles in custody servicesUnderstanding fund processing and administration

The Custody Operations Associate primarily handles the safekeeping of assets and related operational tasks within custody banks or custodial services. In contrast, the Fund Operations Associate focuses on processing fund transactions, investor records, and fund administration within asset management firms. While both roles require similar credentials and work in related financial environments, their core responsibilities differ, catering to distinct aspects of investment operations.

What cities in Texas are hiring for Custody Operations Associate jobs? Cities in Texas with the most Custody Operations Associate job openings:

Operations Associate-Dallas

Federal Reserve System

Dallas, TX • On-site

Other

Medical, Dental, Vision, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Job description

Operations Associate

Federal Reserve Bank of Dallas is dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we're creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: Dallas, TX.

About the Role:

We are looking for a versatile Operations Associate with experience in cash processing. You are required to have competence in basic cash handling and accounting skills, including balancing to expected totals. Show strong adherence to the Custody Control principles and operating procedures.

You Will:

  • Maintain strict compliance with established control protocols while processing, validating, securely destroying, and distributing currency.
  • Demonstrate ability to independently solve problems when balancing operations and resolving discrepancies.
  • When assigned to High Speed, demonstrate ability to operate advanced high-speed currency counting and shredding equipment, requiring technical proficiency in handling power resets, clearing shredder jams, and performing smooth operator transitions.
  • When assigned to Shipping/Receiving, demonstrate ability to accurately count and verify deposits (including contaminated currency), fulfill orders from financial institutions for currency/coin, and prepare secure shipments for armored car pickup.
  • Display intermediate-level expertise in cash handling fundamentals, mathematical skills and the ability to operate and demonstrate aptitude with automated cash systems to balance work and generate reports.
  • Exhibit intermediate-level understanding of all room functions, cash automated systems and complete required paperwork for routing.
  • Develop effective interpersonal relationships with co-workers and management. Support team members with daily workloads and assist in other areas as needed.
  • Demonstrates ability to resolve balancing errors and correct their own and other's errors with little assistance.
  • May be asked to assist in developing/writing desk/operating procedures as needed.
  • Display basic PC skills (10-key by touch) and perform basic administrative duties and post volume data for Operations. Assist in process improvement projects through individual and group contact and execute various ad hoc responsibilities as required.

You Have:

  • Above average skills may be demonstrated by a high school diploma or GED
  • 1-2 years of work experience involving cash handling, currency processing equipment operation, or cash vault operations and ability to become forklift and power lift certified. Equivalent education and/or experience may be substituted for any of the above.
  • Physical requirements include ability to push/pull/store containers weighing up to 1200lbs.
  • Must be able to stand and perform work duties for up to 90% of the workday.
  • Positive peer relationships and team player mentality.
  • Composure under pressure and ability to handle stress.

Our Benefits:

  • Comprehensive healthcare options (Medical, Dental, and Vision)
  • 401K match, and a fully funded pension plan
  • Paid vacation, holidays, and volunteer hours; flexible work environment
  • Generously subsidized public transportation and free parking
  • Annual tuition reimbursement
  • Professional development programs, training and conferences
  • And more

Notes:

This position may be filled at various levels based on candidate's qualifications as determined by the department.

Applicants must be eligible to work in the U.S and the role is not available for sponsorship.

Work schedule varies by functional unit assigned to.

Some overtime and travel may be required.

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer and is committed to ensuring equal employment opportunity to all applicants.

If you need assistance or an accommodation due to a disability, please notify your Talent Acquisition Consultant.