C&S:Currency Chest Operations Staff

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.

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.

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

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

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.