Specialist-Currency Management

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: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS)

Post-graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)

Experience: 5 to 10 years of relevant experience.