Job Description

:Role/Job Title: Specialist-Currency ManagementFunction/ Department: Currency ManagementJob purpose:As part of the Central Processing team, individuals must be aware of vendor development and rating, rate negotiation, service level monitoring. Candidate must also Define testing Strategies, including test cases, test plans and simulation of test scenarios for UAT.Roles & Responsibilities:

• Extensive Liaoning with Other Banks for surplus cash disposal at zero cost
• Good co-ordination with RBI for availing multiple linkage arrangements with other banks currency chest towards surplus cash disposal at subsidized cost
• Ensure high score in Balance score card for the unit through process adherence and controls
• Responsible for mandatory job rotation of team members as per policy
• Building relationship with other banks for generating revenue for the bank through cash handling charges.
• Manage Currency Management Collections process end to end.
• Evaluate Software requirement specification.
• Define testing Strategies, including test cases, test plans and simulation of test scenarios for UAT.
• Carry out User Acceptance Testing (UAT) resulting in efficient and compliant systems.
• Adept at Interfacing with the end user regarding requirement gathering, service issues and suggestions for improvement.
• Building, training, and leading team in improving performance and productivity; and appraising and mentoring staffs.
• Motivating team to its fullest potential.
• Identifying areas for automation & implementing solutions for the same.

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: 5 to 10 years of relevant experience in Currency Management.

IDFC FIRST Bank