C&S:Currency Chest Head

�        Monitoring overall �Currency Chest Operations as per the regulatory guidelines

�        Liasoning with the RBI-Department of Currency Management-Central office for support required at local issue office.

�        Coordination with the� Internal -Department for support.

�        Establishment of Forged note vigilance cell at CO and adhering to its functions across the Currency Chest

�        Setting up the quarterly CBL within the assigned limit by RBI, also ensure each chest maintain the balance within the limit

�        Reviewing of Branch CRL on Half yearly basis in coordination with BIU & communicating to Branches.

�        Dissenting the RBI instruction to the Currency Chest for conducting the chest operations within the compliance

�        Visit to Currency chest- Annual & FNVC visit on periodic intervals

�        Running through Governance template for checking real time status of various parameters as mentioned in the checklist

�        Tracking conduct of the audits on timely basis as defined by regulator and checking availability of closure report

�        Set-up/ Relocation of Currency chest- Coordinating with Circle BBO and CRES right from site selection to inauguration and operationalization of chest

�        Expense management- Setting up a yearly budged and ensure that the expenses are within the allocated budget.

�        Hiring and SLA execution with Sorting and CIT agencies

�        Automation of Currency Chest processes

�        Ensure that updation of �Currency Chest manual on regular interval

�        Ensure that all Currency Chests are within Chest balance Limit( CBL)

�        Ensure that all Currency Chests unsorted cash

�        Representing bank in SLSC/SCCM meetings of RBI issue offices across bank and submission of the reply on the banks actionable

�        Take appropriate measures to mitigate the risk identified in RCSA to improve the EGRC rank.

�        Conducting RCA if any lapses found

�        Yearly assessment (PMS) of the Currency Chest staff

�        Provide necessary inputs and material to Training Team for effective training for Branch teller/ CC staff and avoiding any regulatory penalty.

�        Mentor and coach team members to progress within system by following the Banks Core Values and professionalism.

�        Support and guidance to Currency Chest team

What is its contribution towards the organization?

All the Currency Chest should followed the Internal & regulatory guidelines & this would help to perform better for the organization.

What is the size of the operation the position manages and supports?

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Total size of the operation is 4-5 people in the currency chest.

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�        Liasoning with RBI / Circle office /Other Bank/ Branches /Central office

�        Monitoring of Currency Chest Operations as per the regulatory guidelines���

�        Follow the regulatory guidelines ( RBI/ Safety security/Internal)��

�        Automation of Currency Chest Process��������������������

�        Monitoring of Currency Chest CBL & Branch CRL

�        Dissenting the RBI instruction to the Currency Chest

�        Execution of SLA

�        Support & Guidance to Currency Chest.

Optimal qualification for success on the job is:

�        Post Graduation

For successful execution of the job, the candidate should possess the following:

�        Total� 10-12 year Work experience in Branch Banking operations. Past experience related to the job role will be preferred