Ro:c&s - Chest Operations Manager

RO C S-Chest Operations Manager INTERNAL USAGE No of Vacancies Reports to Head- Currency Chest Is a Team leader NO Team Size NA Grade Manager Senior Manager Business Retail Operation Department Clearing Settlement Sub-Department Currency Chest Location Clearing Settlement Monitoring of Currency Chest Operations as per the regulatory guidelines Monitoring CBL for the Currency Chests in the Region Mapping of the Branches to the respective Currency Chest as per the distance proximity Monitoring the CRL of the mapped branches in co-ordination with Circle BBO team for onward submission to CO-CC Co-ordination with Circle BBO and mapped branches for conducting periodic teller training Fortnightly Physical Cash verification Monitoring ensuring unsorted cash should be processing within the T 2 Monitoring of office accounts ensuring timely reversal of outstanding entries Ensure Bi-monthly Half Yearly cash verification will be done as per schedule Liasoning with the CIT Sorting agencies for continuous support Liasoning with RBI for SNR Diversions Fresh Remittance Linkage with other Banks etc Attending RBI meetings Liasoning with the peer banks for inward outward remittance Placement of Fixed deposit in Cash Liasoning with Circle Office Central office functionaries Liasoning with NSM vendors for procurement of machine Checking following reports of all the Currency Chest RBI Internal Audit Bi Monthly cash verification Half yearly cash verification Security Audit Penalties BCP of Currency Chest Monitoring of all security gadgets i e CCTV Alarm Smoke detector etc Monitoring of CIT Operations i e Police verification of CIT vendors obtained KYC documents etc Ensuring timely renewal of AMC of vendors Ensure timely closure of audit reports Visit Report and all other Reports Ensure timely reporting of daily transaction in E-Kuber Ensure timely processing of vendor payment Monitoring of daily transaction reconciliation of CCMS Ekuber Finacle Handling queries received from branches Controlling saving on Currency Chest operational expenses Yearly assessment PMS of the Currency Chest staff Provide necessary training to Branch teller Currency Chest staff to improve operational efficiency avoid penalty from regulator Mentor and coach team members to progress within system by following the Banks Core Values and professionalism C S-Currency Chest What is its contribution towards the organization Currency chest operation is critical job also monitor by the RBI Currency chest is cash operation job providing services to branches as well as ATMs Currency chest to follow all the regulatory guidelines this would help to perform better for the organization What is the size of the operation the position manages and supports Total size of the operation is 5-6 people in the currency chest Key Responsibilities Liasoning with RBI Other Bank Branches Central office Monitoring of Currency Chest Operations as per the regulatory guidelines Follow the regulatory guidelines RBI Safety security Internal Co-ordination with Vendor Monitoring Maintaining of Cash within Currency Chest CBL Branch CRL Execution of SLA processing Vendor payment Ensuring timely regulatory reporting Controlling saving on operational cost Qualifications Optimal qualification for success on the job is Post Graduation Role Proficiencies For successful execution of the job the candidate should possess the following Total 8-10 year Work experience in Branch Banking operations or Currency Chest Operations Past experience related to the job role will be preferred Skills Refer to the About Company Axis Bank is the third largest private sector bank in India The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates MSME Agriculture and Retail Businesses The Bank has a large footprint of 4 594 domestic branches including extension counters with 11 333 ATMs 5 710 cash recyclers spread across the country as on 31st March 2021 The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021 The Overseas operations of the Bank are spread over eight international offices with branches at Singapore Dubai at DIFC and Gift City-IBU representative offices at Dhaka Dubai Abu Dhabi Sharjah and an Overseas subsidiary at London UK The international offices focus on Corporate Lending Trade Finance Syndication Investment Banking and Liability Businesses