Money Officer

Group Company: AU Small Finance Bank Limited
Designation: Money Officer
Office Location:
Position description: #*Position description*#
Primary Responsibilities: #*Primary Responsibilities*#
Additional Responsibilities: #*Additional Responsibilities*#
Reporting Team
Reporting Designation: #*Reporting Designation*#
Reporting Department: #*Reporting Department*#
Educational qualifications preferred
#*Education and Experience*#
Category: #*Category*#
Field specialization: #*Field specialization*#
Degree: #*Degree*#
Academic score: #*Academic score*#
Institution tier: #*Institution tier*#
Required Certification/s: #*Required Certification/s*#
Required Training/s: #*Required Training/s*#
Required work experience
Industry: #*Industry*#
Role: #*Role*#
Years of experience: #*Years of experience*#
Job Brief:- AU Small Finance Bank Limited is seeking a detail-oriented and experienced professional to join our Operations and Services department. The role involves managing cash operations, ensuring compliance with regulatory standards, and optimizing cash flow processes to support the bank's financial services. The ideal candidate will have a strong background in cash management, risk mitigation, and operational efficiency within the financial services industry. This position requires collaboration with multiple teams to maintain accuracy, security, and timely processing of monetary transactions, contributing to the bank's commitment to excellent customer service and operational excellence.
Responsibilities:-
Oversee daily cash operations ensuring accuracy and compliance with banking regulations and internal policies.
Manage cash flow forecasting and reconciliation to maintain optimal liquidity levels across branches and ATMs.
Coordinate with treasury and finance teams to optimize cash allocation and minimize idle cash holdings.
Implement and monitor controls to mitigate risks related to cash handling and fraud prevention.
Lead the cash audit process, ensuring timely identification and resolution of discrepancies.
Collaborate with branch managers and operations teams to streamline cash management processes and improve efficiency.
Ensure adherence to regulatory requirements related to cash transactions and reporting.
Train and supervise cash handling staff to maintain high standards of operational integrity and customer service.
Prepare detailed reports on cash operations performance, highlighting trends, risks, and improvement opportunities.
Support the implementation of technology solutions to automate cash management and reporting functions.
Skill:-
Cash Flow Management
Regulatory Compliance in Banking
Risk Management and Fraud Prevention
Financial Reporting and Reconciliation
Operational Process Optimization
Team Leadership and Training
Audit and Control Procedures
Treasury Coordination
Data Analysis and Forecasting
Banking Software and Automation Tools
Preferred Qualifications:-
Bachelor’s degree in Finance, Commerce, Business Administration, or a related field; a Master’s degree or professional certification (e.g., CA, CFA) is preferred.
Minimum of 5 years of experience in cash management or operations within the financial services sector, preferably in a banking environment.
Key Performance Indicators: #*Key Performance Indicators*#
Required Competencies: #*Required Competencies*#
Required Knowledge: #*Required Knowledge*#
Required Skills: #*Required Skills*#
Required abilities
Physical: #*Physical*#
Other: #*Other*#
Work Environment Details: #*Work Environment Details*#
Specific requirements
Travel: #*Travel*#
Vehicle: #*Vehicle*#
Work Permit: #*Work Permit*#
Other details
Pay Rate: #*Pay Rate*#
Contract Types: #*Contract Types*#
Time Constraints: #*Time Constraints*#
Compliance Related: #*Compliance Related*#
Union Affiliation: #*Union Affiliation*#

Skills
Data Analysis, Risk Management, Regulatory Compliance

Experience
5+ yrs

Employment type
Full Time

Work arrangement
No