Job Requirements
Job Requirements
Role/Job Title: Senior Analyst-Currency Management
Function/ Department: Currency Management
Job Purpose
To ensure Currency operations at Cash Processing Centers. All the Branch & ATMs to be sufficiently stocked of cash and no instances of cash outs.
Roles & Responsibilities
- Ensure cash sorting on daily basis with zero pendency as per TAT and ensuring optimum utilization of NSM & resources.
- Ensure vault is always under dual custody.
- Ensure all the registers are properly updated with dual authentication.
- Training to branches on security features of Indian Banknotes at regular intervals
- Ensure timely opening of vault and availability of cash to CIT custodian.
- Ensure proper cash dispensing branch wise with no errors.
- Supervision of Cash sorting in the processing room and ensure cash is sorted as per internal guidelines.
- Adjudication of mutilated notes as per RBI norms and NRR.
- Managing cash inflows and outflows from chest vault and periodical balancing during the day
- To have knowledge of NRR to adjudicated notes and to get full value during RBI remittances.
- Proper scrutiny and upkeep of key registers and keys.
- Discrepancy accounting and acknowledgement for discrepancies to be shared with branches/vendors.
- Suspect notes to be manually screened for security features missing and impounded with forged note stamp.
- Taking up with Currency Control Unit for process improvements in the vault operations/sorting activities.
- Duplicate set of Vault keys are lodged at offsite location and exchanged at half yearly intervals.
Education Qualification
Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS)
Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)
Experience: 2 to 5 years of relevant experience in Currency Management
