Role/Job Title: Specialist-Currency Management
Function/ Department: Currency Management
Job Purpose
To ensure Currency operations at Cash Processing Centers. All the Branch & ATMs to be sufficiently stocked of cash and no instances of cash outs.
Roles & Responsibilities
- To ensure Nil Ops risk and loss.
- To ensure process to be always complied as per SOP.
- To ensure highest audit ratings for all internal and external audits with no adverse remarks. All action points to be closed within target date to ensure compliance.
- To regularly check all areas especially critical ones from process as well as audit point of view
- Accurate and timely reporting to Regulators to ensure no penalty of financial loss to the Bank.
- Constant review of process and controls to ensure complete controls.
- Monitoring of Cost to ensure expenditures within budget.
- Supervision of Cash sorting in the processing room and ensure cash is sorted as per internal guidelines.
- Training to branches on security features of Indian Banknotes at regular intervals
- Ensure proper checks and frisking by guard during movement in CPC area.
- To ensure proper functioning of all security gadgets and their regular checking and servicing. Maintaining CCTV backups and recordings as per Regulatory requirements.
- Ensure cash sorting on daily basis with zero pendency as per TAT and ensuring optimum utilization of NSM & resources.
- Mentor and coach team members to progress within the function.
- To ensure all the security gadgets are in working condition on all the days.
Education Details
Graduation: Any Graduate
Experience: 5 to 10 Years of relevant experience.