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Currency Chest Team-CURRENCY CHEST-Currency Chest

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  • Posted 7 hours ago
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Job Description

Custodian /Team Member -Currency Chest

DepartmentCurrency Chest & Logistics
LocationAhmedabad
Number of Positions1
Reporting RelationshipsUnit Head Currency Chest
Position GradeM3/M4

Job Profile:

Vault functionEnsure timely opening of vault and availability of cash to cash van officers.
To ensure Proper cash dispensing branch wise with no errors. Adjudication of Notes as per RBI norms & Rules
Updation of bin register and card on time and ensuring proper signatures.
Managing cash inflows and out flows from chest vault and periodical balancing during the day.
Ensuring constant supply of ATM / Counter issuable cash. Ensure enough fresh cash availability in all denominations.
To keep the vault clean of any un wanted stuff.
Must have knowledge to evaluate notes as per RBI refund rules and to get full value during RBI inspections.
Proper scrutiny and upkeep of key registers and keys.
Identify potential with other CC banks for offloading excess cash through diversion orders , maintain relationship with other banks & regulators
Security and house keepingTo 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 duty of one person to keep vigil in chest area all the time.
Proper functioning of all security equipment and their regular checking and servicing. Maintaining CCTV Backups and recordings
To ensure proper upkeep and cleaning of all the areas in the chest.
AuditTo ensure absolutely clean audit report with no adverse comments in any area.
Constant review of process and controls to ensure complete controls.
Timely submission of all demanded records to audit for scrutiny.
To ensure timely resolution to the audit queries and observations
To ensure RBI Inspection report to be exceptionally good with no adverse remarks.
Should have knowledge of RBI guidelines , procedure & controls for better cash management in the unit, and achieve good audit rating
To regularly check all areas especially critical ones from process as well as audit point of view.
Floor ManagerTo observe the sorting and counting activities.
To observe the cash movements from the vault and vice versa.
Stationery controlTo keep optimum level of stationary required in chest.
To stop leakage in stationary use and device ways to reduce cost.

Job Requirements:

  • Should have excellent knowledge in MS Excel, Power Point & Word
  • Good communication skills
  • Cash Handling Experience

  • Application:

If you wish to apply for this job position, please fill your details in the pplication Form and mail to

Please mention the following in the subject line as Position Name-Your Name - Your Current Businessgroup

More Info

About Company

Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management.

Job ID: 137171917