Deputy Branch Manager _ Bank

1 week ago


Navi Mumbai Mumbai City Mumbai, India V Konnect Full time

Job Description Job Summary: The role is responsible for managing cash operations, ensuring compliance with regulatory guidelines, delivering superior customer service, and supporting overall branch administration. This includes handling high-volume cash transactions, remittances, reconciliations, MIS reporting, audit compliance, and team management. Key Responsibilities: Cash Management & Operations: - Manage day-to-day cash transactions including receipts, payments, ATM replenishment, doorstep banking, and CMS cash handling. - Maintain optimal End of Day (EOD) cash balances while minimizing the overall cost of cash. - Ensure compliance with RBI regulations on counterfeit currency, note exchange, and soiled/mutilated note handling. - Manage and issue secured stationery including FCY instruments with proper custody. - Handle clearing settlements, CTS processing, and both domestic and foreign remittances. - Generate and review MIS reports such as BJR, Cash Transaction Report, Suspense Monitoring, and Large Transactions Report. - Maintain awareness of administrative regulations impacting cash and remittance functions. Customer Service: - Deliver exceptional service to customers by processing enquiries and instructions within defined TATs. - Maintain high standards of service quality to meet or exceed customer expectations. Branch Administration: - Ensure there are no write-offs or P&L hits due to operational errors. - Adhere to operational process notes, guidelines for teller functions, and clearing operations. - Provide support for audits by preparing required documents and addressing audit findings promptly. - Act as a backup for other team members within the operations unit. - Responsible for voucher management, storage, and timely offloading to the designated vendor. Team Management & HR Practices: - Assist in recruiting, coaching, and developing team members. - Set clear goals and provide regular feedback to direct reports. - Escalate operational challenges and propose solutions to improve efficiency.



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