C&S:Currency Chest Head

�         Monitoring overall �Currency Chest Operations as per the regulatory guidelines

�         Liasoning with the RBI-Department of Currency Management-Central office for support required at local issue office.

�         Coordination with the� Internal -Department for support.

�         Establishment of Forged note vigilance cell at CO and adhering to its functions across the Currency Chest

�         Setting up the quarterly CBL within the assigned limit by RBI, also ensure each chest maintain the balance within the limit

�         Reviewing of Branch CRL on Half yearly basis in coordination with BIU & communicating to Branches.

�         Dissenting the RBI instruction to the Currency Chest for conducting the chest operations within the compliance

�         Visit to Currency chest- Annual & FNVC visit on periodic intervals

�         Running through Governance template for checking real time status of various parameters as mentioned in the checklist

�         Tracking conduct of the audits on timely basis as defined by regulator and checking availability of closure report

�         Set-up/ Relocation of Currency chest- Coordinating with Circle BBO and CRES right from site selection to inauguration and operationalization of chest

�         Expense management- Setting up a yearly budged and ensure that the expenses are within the allocated budget.

�         Hiring and SLA execution with Sorting and CIT agencies

�         Automation of Currency Chest processes

�         Ensure that updation of �Currency Chest manual on regular interval

�         Ensure that all Currency Chests are within Chest balance Limit( CBL)

�         Ensure that all Currency Chests unsorted cash

�         Representing bank in SLSC/SCCM meetings of RBI issue offices across bank and submission of the reply on the banks actionable

�         Take appropriate measures to mitigate the risk identified in RCSA to improve the EGRC rank.

�         Conducting RCA if any lapses found

�         Yearly assessment (PMS) of the Currency Chest staff

�         Provide necessary inputs and material to Training Team for effective training for Branch teller/ CC staff and avoiding any regulatory penalty.

�         Mentor and coach team members to progress within system by following the Banks Core Values and professionalism.

�         Support and guidance to Currency Chest team

What is its contribution towards the organization?

All the Currency Chest should followed the Internal & regulatory guidelines & this would help to perform better for the organization.

What is the size of the operation the position manages and supports?

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Total size of the operation is 4-5 people in the currency chest.

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�         Liasoning with RBI / Circle office /Other Bank/ Branches /Central office

�         Monitoring of Currency Chest Operations as per the regulatory guidelines���

�         Follow the regulatory guidelines ( RBI/ Safety security/Internal)��

�         Automation of Currency Chest Process��������������������

�         Monitoring of Currency Chest CBL & Branch CRL

�         Dissenting the RBI instruction to the Currency Chest

�         Execution of SLA

�         Support & Guidance to Currency Chest.

Optimal qualification for success on the job is:

�         Post Graduation

For successful execution of the job, the candidate should possess the following:

�         Total� 10-12 year Work experience in Branch Banking operations. Past experience related to the job role will be preferred