C&S:Currency Chest Joint Custodian

No of VacanciesReports toCurrency Chest HeadIs a Team leader?NATeam SizeNAGradeSenior Manager/ManagerBusinessRetail OperationDepartmentClearing & SettlementSub-DepartmentCurrency ChestLocationMumbaiAbout Name of BUExecuting day to day Currency Chest Operations as per the regulatory guidelinesMonitoring the Vault operation as Joint custodianTallying of Vault cash on daily basisProcessing of Unsorting cash received from branches within ( T+2) basisAdjudication of Notes received from branchesMaintaining records of Bi-monthly/Half Yearly/ cash verification/other Audit at the chestHandling cash remittance ie 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 sortingEnsuring checking and proper packing of Soiled Note Remittance boxesHandling CCMS updating for inward, outward, sorting etcEnsuring vigilance keeping security aspects in mindAccompanying Soiled Note Remittance sent to RBI and handing over of cash to RBI with acknowledgementAttending RBI CVPS ie reprocessing of Soiled Note remitted by ChestEnsuring Checking and proper maintenance of Safety & Security gadgetsUpdating & Maintaining various registers at the Currency ChestReconciliation of Chest cash balance at the EODTimely RBI reporting in E-KuberAbout the RoleWhy does the role exist?There is shortage of currency chest Joint custodian staff to perform the day to day activityWhat 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 organizationWhat is the size of the operation the position manages and supports?-Total size of the operation is 7 people in the currency chest-----------Handling of vault as Joint Currency chestProcessing of Unsorting Cash within T+2 basisAccuracy of payment to ATM , Branches etcTallying of cash in vault by EODCo-ordination with CC Head/Ops Head/ BBO team----------- -------Follow with regulatory guidelinesHandling cash remittance ie 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 managingExcellent problem solving and communication skillsQualificationsGraduateAdditional Certificate course related to Banking sectorKnowledge of Internal Accounts in finacle, MS excel & MS power pointsRole ProficienciesExperience in branch banking operations preferably as Branch Teller or cash management as a Teller