Currency Chest Manager
Kotak Mahindra Bank Limited
Work from Office
Full Time
Min. 5 yearsJob Description
Currency Chest Manager-CURRENCY CHEST-Currency Chest
Unit Head – Mumbai Currency Chest
| Department | Currency Chest & Logistics |
| Location | Mumbai |
| Number of Positions | 1 |
| Reporting Relationships | National Manager /SVP-CC HO |
| Position Grade | M5-M6 |
|
| Compliance | Should have knowledge of Cash Management and RBI guidelines, procedure & controls. To ensure all regulatory guidelines are followed without miss outs & deviations |
| To ensure zero complaints regarding quality of currency circulated | |
| To ensure Nil Ops risk and loss. | |
| To ensure process to be complied as per MOPP at all times. | |
| To ensure highest audit rating for all internal and regulatory audits with no adverse remarks. All actionable to be completed within timelines to ensure nil penalty. | |
| To regularly check all areas especially critical ones from process as well as audit point of view. | |
| Accurate and timely RBI reporting to ensure no penalty or financial loss to Bank | |
| Constant review of process and controls to ensure complete controls. | |
| Managing cash inflows and out flows from chest vault and periodical balancing during the day. | |
| Financial | Monitoring of P&L to ensure expenses within budget. |
| Monitoring of P&L to ensure target is achieved for Fee Income | |
| Identify potential with other CC banks for offloading excess cash through diversion orders , maintain relationship with other banks & regulators | |
| Channel Support | Ensure support provided to channel (BB, ATM). |
| Support channel to manage excess cash, provide fresh currency, and manage adjudication. | |
| Security and house keeping | To ensure 24 hours vigil in chest area by attentive guards. |
| Ensure proper checks and frisking by guard during movement in chest area. | |
| To conduct surprise checks specially on holidays and nights to see guards on duty. | |
| To ensure proper upkeep and cleaning of all the areas in the chest. | |
| To ensure proper functioning of all security equipment and their regular checking and servicing. Maintaining CCTV Backups and recordings |
|
- Should have knowledge of regulatory guidelines regarding currency management.
- Should have excellent knowledge in MS Excel, Power Point & Word
- Should have good leadership and communication skills
|
If you wish to apply for this job position, please fill your details in the Kotak Fast Track Application Form and mail to
Please mention the following in the subject line as ‘”Position Name” –“Your Name” – “Your Current Business group”
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The candidate should have completed the required education and people who have 5 to 31 years are eligible to apply for this job. You can apply for more jobs in Bengaluru/Bangalore to get hired quickly.
The candidate should have sound communication skills and sound communication skills for this job.
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