C&S;:Currency Chest Operations Staff
INTERNAL USAGE:
No. of Vacancies: Reports to: Currency Chest Head
Is a Team leader NA Team Size: NA
Grade: Assistant Manager /Deputy Manager
Business: Retail Operation Department: Clearing & Settlement Sub-Department: Currency Chest
Location: Mumbai
About Name of BU
Executing day to day Currency Chest Operations as per the regulatory guidelines
Monitoring the CRL of the mapped branches in co-ordination with CC Head/Ops Head/ BBO team
Maintaining records of Bi-monthly/Half Yearly/ cash verification/other Audit at the chest.
Handling cash remittance i.e. 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 sorting.
Ensuring checking and proper packing of Soiled Note Remittance boxes
Liaisoning with vendors for upkeep of Note Sorting Machines, Counting Machine etc.
Updating entries in CCMS for inward, outward, sorting, bin management etc
Ensuring vigilance keeping security aspects in mind
Monitoring of sorting operations
Accompanying Soiled Note Remittance sent to RBI and handing over of cash to RBI with acknowledgement
Attending RBI CVPS i.e. processing of Soiled Note remitted by Chest
Processing of vendor Bills in P2P
Liaisoning with COT team for approval
Handling joint custodianship of vault, whenever required
Ensuring Checking and proper maintenance of Safety & Security gadgets
Updating & Maintaining various registers at the Currency Chest
Timely verifying finacle & CCMS transactions
Monitoring of CIT vehicles as per the RBI guidelines
Reconciliation of Chest cash balance at the EOD.
Submission of MIS as per CO Requirements.
About the Role
What 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