Branch Manager

Job Description

Responsibilities: • Oversee the administration, operations, and development of the branch • Maintain the Credit-Deposit (CD) ratio as prescribed by the Head Office • Conduct reconciliation of discrepancies and submit Root Cause Analysis (RCA) reports • Safeguard the keys of the branch safe • Manage the Safe Deposit Vault and verify the identity of locker owners • Address various income leakages within the branch • Conduct pre and post disbursement inspections of loan cases, sanctioned cases, and documentation, and follow up on disbursed accounts • Submit Trail Balance to the Head Office on a daily basis • Deduct Income Tax, TDS, Service Tax, and ensure timely remittances and submission of reports • Monitor and prevent misappropriations, fraudulent transactions, and mischiefs • Control cheque receipts and their posting in respective accounts • Manage recurring expenditures such as electricity, stationery, dead stocks, telephones, and conveyance charges • Maintain all books of accounts and valuable documents as per standard systems and procedures • Validate and sign vouchers related to expenditures, loan disbursements, and suspense accounts • Submit statutory reports/information to the Head Office • Verify details in the account opening forms of Savings Accounts, Recurring Deposits, Fixed Deposits, and Pigmy Accounts in compliance with KYC norms • Provide updates on Asset Management Companies (AMCs), insurance coverage, and Ceasefire to the Head Office for timely renewal Team Handling: • Lead and manage a team of employees within the branch • Provide guidance, support, and training to team members • Delegate tasks effectively and ensure smooth workflow within the team • Conduct regular performance evaluations and provide feedback for team members' development • Foster a positive work environment and encourage teamwork and collaboration among team members >> Share your details on rajini@magnuminsurance.in or connect /WhatsApp 8550922633 Job Types: Full-time, Permanent Pay: ₹18,000.00 - ₹28,000.00 per month Benefits: Cell phone reimbursement Leave encashment Provident Fund Schedule: Day shift Fixed shift Morning shift Supplemental Pay: Performance bonus Work Location: In person