Job Description

:

Position: Branch Manager

Responsibilities:

• Oversee the administration, operations, and development of the branch
• Maintain the Credit-Deposit (CD) ratio as prescribed by the Head Office
• Conduct reconciliation of discrepancies and submit Root Cause Analysis (RCA) reports
• Safeguard the keys of the branch safe
• Manage the Safe Deposit Vault and verify the identity of locker owners
• Address various income leakages within the branch
• Conduct pre and post disbursement inspections of loan cases, sanctioned cases, and documentation, and follow up on disbursed accounts
• Submit Trail Balance to the Head Office on a daily basis
• Deduct Income Tax, TDS, Service Tax, and ensure timely remittances and submission of reports
• Monitor and prevent misappropriations, fraudulent transactions, and mischiefs
• Control cheque receipts and their posting in respective accounts
• Manage recurring expenditures such as electricity, stationery, dead stocks, telephones, and conveyance charges
• Maintain all books of accounts and valuable documents as per standard systems and procedures
• Validate and sign vouchers related to expenditures, loan disbursements, and suspense accounts
• Submit statutory reports/information to the Head Office
• Verify details in the account opening forms of Savings Accounts, Recurring Deposits, Fixed Deposits, and Pigmy Accounts in compliance with KYC norms
• Provide updates on Asset Management Companies (AMCs), insurance coverage, and Ceasefire to the Head Office for timely renewal

Team Handling:

• Lead and manage a team of employees within the branch
• Provide guidance, support, and training to team members
• Delegate tasks effectively and ensure smooth workflow within the team
• Conduct regular performance evaluations and provide feedback for team members' development
• Foster a positive work environment and encourage teamwork and collaboration among team members

Job Types: Full-time, Permanent

Pay: ?30,000.00 - ?50,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance

Schedule:

• Day shift
• Monday to Friday

Supplemental pay types:

• Commission pay
• Performance bonus
• Yearly bonus

Experience:

• Cooperative society banking: 6 years (Required)

Work Location: In person

Application Deadline: 29/06/2024