Unit Manager - Cash Processing Center

IDFC FIRST Bank


Date: 2 weeks ago
City: Indore, Madhya Pradesh
Contract type: Full time
Job Requirements

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.

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