Job Description: We are seeking a dedicated and experienced Clerk to join Magnum Society, with a strong background in urban credit cooperative societies. The ideal candidate will have 4 to 8 years of hands-on experience in managing day-to-day banking operations, member transactions, and administrative responsibilities within a cooperative financial institution. Key Responsibilities: Handling member transactions including deposits, withdrawals, and loan payments Maintaining accurate records of financial transactions and member accounts Ensuring compliance with cooperative society rules and regulations Preparing financial reports, ledgers, and daily cash/credit summaries Assisting in loan processing and documentation Managing member queries and providing excellent customer service Supporting internal audits and compliance checks Maintaining organized document files and records Qualifications and Experience: 4-8 years of experience working in urban credit cooperative societies or similar financial institutions Knowledge of cooperative society rules, banking procedures, and financial regulations Proficiency in basic accounting and computer skills (MS Office, accounting software) Strong organizational and communication skills Ability to work independently and as part of a team Preferred Skills: Experience with loan processing and recovery Familiarity with Nagpur's local cooperative financial environment Educational Qualification: Graduate degree in Commerce, Banking, Finance, or a related field preferred Job Types: Full-time, Permanent Pay: ₹12,000.00 - ₹18,000.00 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

Job Description: We are seeking a dedicated and experienced Clerk to join Magnum Society, with a strong background in urban credit cooperative societies. The ideal candidate will have 4 to 8 years of hands-on experience in managing day-to-day banking operations, member transactions, and administrative responsibilities within a cooperative financial institution. Key Responsibilities: Handling member transactions including deposits, withdrawals, and loan payments Maintaining accurate records of financial transactions and member accounts Ensuring compliance with cooperative society rules and regulations Preparing financial reports, ledgers, and daily cash/credit summaries Assisting in loan processing and documentation Managing member queries and providing excellent customer service Supporting internal audits and compliance checks Maintaining organized document files and records Qualifications and Experience: 4-8 years of experience working in urban credit cooperative societies or similar financial institutions Knowledge of cooperative society rules, banking procedures, and financial regulations Proficiency in basic accounting and computer skills (MS Office, accounting software) Strong organizational and communication skills Ability to work independently and as part of a team Preferred Skills: Experience with loan processing and recovery Familiarity with Nagpur's local cooperative financial environment Educational Qualification: Graduate degree in Commerce, Banking, Finance, or a related field preferred Job Types: Full-time, Permanent Pay: ₹12,000.00 - ₹18,000.00 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

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