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AB

C&S:Currency Chest Operations Staff

Axis Bank
🇮🇳 India
On-site
Staff / Principal
1 week ago
  • Vault
  • Excel

Not enough detail in this posting to match

C&S:Currency Chest Operations Staff
INTERNAL USAGE:
No. of Vacancies: Reports to:Currency Chest Head
Is a Team leader?NATeam Size:NA
  
Grade:Assistant Manager /Deputy Manager
Business:Retail OperationDepartment:�Clearing & SettlementSub-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.

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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.

 

 

C&S:Currency Chest Operations Staff · Axis Bank

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