Job Position: Manager – Cash Management Center
Job Description: Commercial Bank of Kuwait – Kuwait City – – To assist the Sr. Manager – Cash Management Center, CLR & Service Quality in the day-to-day Cash processing & services administration through ongoing performance monitoring. – Prepare and analyze reports for Management. – Liaising with Sr. Manager – Cash Management Center, CLR & Service Quality to ensure swift corrective actions with regards to operational problems or errors. Key Accountabilities: – Plan, direct and administer day to day overall management of Cash processing center. – Plan and collect bulk cash required for ATM operations on a daily basis. – Transportation of cash, store in vault, and distribution in a highly secured manner as per Bank’s standards and requirements. – Completion of ATM cassette packing, count back, balancing & reconciliation on time as per region wise Bank’s ATM demand and requirements. – Collection of cash from CDMs on timely manner, count back, balancing, reconciliation. – Posting & balancing General Ledgers. – Timely accomplishment of cash deliveries and collections and further counting and packing of the daily cash movement from Bank’s branches. – Monitor and ensure that cash is stored and secured in Vault as per Bank’s standards and compliance with strict confirmation. – Conduct surprise audits to maintain standards. – Provide adequate cash security and escort in transportation of bulk cash for deposits and deliveries within the Bank’s Head Office, Branches, etc. – Handling cash discrepancies and its timely resolution with timely reporting as per Bank’s compliance procedures. – Periodic evaluation of security risk of Cash services operations. – Execute security surveillance for ATM, cash collections, premises, etc. – Investigation of cash losses if any and follow Bank’s guidelines in handling any such situation. – Handling all such cash loss insurance claims with third party agents (Insurance companies). – Manage & control cash service surveillance activities and staff in Control Room. – Assign, supervise…see more details
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