C&s:currency Chest Joint Custodian

AXISCO-46-L C S Currency Chest Joint Custodian INTERNAL USAGE No of Vacancies Reports to Currency Chest Head Is a Team leader NA Team Size NA Grade Senior Manager 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 Vault operation as Joint custodian Tallying of Vault cash on daily basis Processing of Unsorting cash received from branches within T 2 basis Adjudication of Notes received from branches 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 Handling CCMS updating for inward outward sorting etc Ensuring vigilance keeping security aspects in mind Accompanying Soiled Note Remittance sent to RBI and handing over of cash to RBI with acknowledgement Attending RBI CVPS i e reprocessing of Soiled Note remitted by Chest Ensuring Checking and proper maintenance of Safety Security gadgets Updating Maintaining various registers at the Currency Chest Reconciliation of Chest cash balance at the EOD Timely RBI reporting in E-Kuber About the Role Why does the role exist There is shortage of currency chest Joint custodian staff to perform the day to day activity 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 7 people in the currency chest Key Responsibilities Handling of vault as Joint Currency chest Processing of Unsorting Cash within T 2 basis Accuracy of payment to ATM Branches etc Tallying of cash in vault by EOD Co-ordination with CC Head Ops Head BBO team Follow 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 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