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Axis Bank

Posted 21 Aug 2025

C&S:Currency Chest Operations Staff

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Workplace
Hybrid
Posted
21 Aug 2025

About the role

C&S:Currency Chest Operations StaffINTERNAL USAGE:No. of Vacancies:Reports to:Currency Chest HeadIs a Team leader?NATeam Size:NAGrade:Assistant Manager /Deputy ManagerBusiness:Retail OperationDepartment:�Clearing & SettlementSub-Department:Currency ChestLocation:MumbaiAbout 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.

About the Role


What is its contribution towards the organization?

Currency chest operation is critical job�� & also monitor by the RBI. Currency chest is cash operation job providing services� �to branches as well as ATMs. Currency chest to follow all the 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 5-6 people in the currency chest.

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Key Responsibilities

�         Liaisoning with RBI/ vendors/ Other Banks���

�         Co-ordination with CC Head/Ops Head/ BBO team�������������������������������������������������������������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������������������������������

�         Ensuring with regulatory guidelines.

�         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

�         Excellent problem solving and communication skills�

Qualifications

Optimal qualification for success on the job is:

�         Graduate

�         Additional Certificate course related to Banking sector

Knowledge of Internal Accounts in finacle, MS excel & MS power points

Role Proficiencies:

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

�         Experience in branch banking operations preferably as Branch Teller or cash management as a Teller.

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