C&S:Currency Chest Operations

C&S:Currency Chest Operations INTERNAL USAGE: No. of Vacancies: Reports to:Currency Chest Head Is a Team leader?NATeam Size:NA

Grade:Assistant Manager /Deputy Manager Business:Retail OperationDepartment:�Clearing & SettlementSub-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.