- Industry: #Industry#
- Role: #Role#
- Years of experience: #Years of experience#
Job Brief:- AU Small Finance Bank Limited is seeking a detail-oriented and experienced professional to join our Operations and Services department. The role involves managing cash operations, ensuring compliance with regulatory standards, and optimizing cash flow processes to support the bank's financial services. The ideal candidate will have a robust background in cash management, risk mitigation, and operational efficiency within the financial services industry. This position requires collaboration with multiple teams to maintain accuracy, security, and timely processing of monetary transactions, contributing to the bank's commitment to excellent customer service and operational excellence.Responsibilities:-
- Oversee daily cash operations ensuring accuracy and compliance with internal policies and regulatory requirements.
- Manage cash flow forecasting and reconciliation to maintain optimal liquidity levels across branches and ATMs.
- Coordinate with treasury and finance teams to monitor cash positions and implement effective cash management strategies.
- Conduct regular audits and risk assessments to identify and mitigate potential discrepancies or fraud in cash handling.
- Develop and implement process improvements to enhance operational efficiency and reduce cash handling errors.
- Ensure timely and accurate reporting of cash transactions and discrepancies to senior management.
- Collaborate with branch managers and operations teams to resolve cash-related issues and improve service delivery.
- Train and supervise cash handling staff to maintain high standards of accuracy, security, and compliance.
- Stay updated with industry regulations and best practices related to cash management and financial operations.
- Support the implementation of technology solutions to automate cash management processes and improve controls.
Skill:-
- Cash Flow Management
- Regulatory Compliance
- Risk Assessment and Mitigation
- Financial Reporting
- Operational Process Improvement
- Audit and Reconciliation
- Team Leadership and Training
- Treasury Coordination
- Fraud Detection and Prevention
- Financial Software Proficiency
Preferred Qualifications:-
- Bachelor’s degree in Finance, Business Administration, or a related field; MBA or relevant postgraduate qualification preferred.
- Minimum 5 years of experience in cash management or operations within the banking or financial services sector.