C&S:Currency Chest Operations Staff

3 weeks ago

Varanasi India Axis Bank Full time

Job Description C&S:Currency Chest Operations Staff INTERNAL USAGE: No. of Vacancies: Reports to: Currency Chest Head Is a Team leader NA Team Size: NA Grade: Assistant Manager /Deputy Manager Business: Retail Operation Department: Clearing & Settlement Sub-Department: Currency Chest Location: Mumbai About Name of BU Executing day to day Currency Chest Operations as per the regulatory guidelines Monitoring the CRL of the mapped branches in co-ordination with CC Head/Ops Head/ BBO team Maintaining records of Bi-monthly/Half Yearly/ cash verification/other Audit at the chest. Handling cash remittance i.e. cash payment to branches and CRAs (ATMs) and cash receipt from branches or CRAs recyclers) Ensuring proper sorting of notes as per RBI guidelines and monitoring the Sorters at the chest. Handling and managing discrepancies found during sorting. Ensuring checking and proper packing of Soiled Note Remittance boxes Liaisoning with vendors for upkeep of Note Sorting Machines, Counting Machine etc. Updating entries in CCMS for inward, outward, sorting, bin management etc Ensuring vigilance keeping security aspects in mind Monitoring of sorting operations Accompanying Soiled Note Remittance sent to RBI and handing over of cash to RBI with acknowledgement Attending RBI CVPS i.e. processing of Soiled Note remitted by Chest Processing of vendor Bills in P2P Liaisoning with COT team for approval Handling joint custodianship of vault, whenever required Ensuring Checking and proper maintenance of Safety & Security gadgets Updating & Maintaining various registers at the Currency Chest Timely verifying finacle & CCMS transactions Monitoring of CIT vehicles as per the RBI guidelines Reconciliation of Chest cash balance at the EOD. Submission of MIS as per CO Requirements. About the Role 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 Liaisoning with RBI/ vendors/ Other Banks Co-ordination with CC Head/Ops Head/ BBO team Ensuring with regulatory guidelines. Handling cash remittance i.e. cash payment to branches and CRAs (ATMs) and cash receipt from branches or CRAs recyclers) Ensuring proper sorting of notes as per RBI guidelines and monitoring the Sorters at the chest. Handling and managing Excellent problem solving and communication skills Qualifications Optimal qualification for success on the job is: Graduate Additional Certificate course related to Banking sector Knowledge of Internal Accounts in finacle, MS excel & MS power points Role Proficiencies: For successful execution of the job, the candidate should possess the following: Experience in branch banking operations preferably as Branch Teller or cash management as a Teller.

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