Unit Manager - Cash Processing Center

5 - 10 years

0 Lacs

Posted:4 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Specialist-Currency Management in the Currency Management department, your role will involve ensuring smooth currency operations at Cash Processing Centers, branches, and ATMs. Your primary goal will be to maintain adequate cash stock levels and prevent any instances of cash outs. **Key Responsibilities:** - Ensure zero operational risk and losses by strictly adhering to standard operating procedures (SOP). - Maintain highest audit ratings for both internal and external audits with no adverse remarks. Ensure timely closure of all action points to meet compliance targets. - Conduct regular checks on all critical areas from both process and audit perspectives. - Provide accurate and timely reports to regulators to avoid penalties or financial losses for the Bank. - Continuously review and enhance processes and controls to maintain a high level of security. - Monitor costs to ensure expenses are within budget limits. - Supervise cash sorting in the processing room according to internal guidelines. - Conduct training sessions for branches on the security features of Indian Banknotes at regular intervals. - Ensure proper checks and frisking by guards during movement in the Cash Processing Center (CPC) area. - Maintain and ensure the proper functioning of all security gadgets through regular checks and servicing. Keep CCTV backups and recordings as per regulatory requirements. - Complete cash sorting daily with zero pendency within the turnaround time (TAT) and optimize the utilization of resources. - Mentor and coach team members to help them progress within the function. - Ensure all security gadgets are operational every day. **Qualification Required:** - Graduation in Bachelor of Commerce (B.Com), Bachelor of Science (B.Sc), Bachelor of Arts (BA), Bachelor of Business & Insurance (BBI), or Bachelor of Management Studies (BMS). - Post-graduation in Master of Business Administration (MBA), Master of Commerce (M.Com), or Master of Arts (MA). - 5 to 10 years of relevant experience in the field.,

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IDFC FIRST Bank logo
IDFC FIRST Bank

Banking and Financial Services

Chennai

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