Assistant Vice President (Currency Department)

Requirement 

• Bachelor’s degree in Banking & Finance, Business Administration, Accounting, Economics, or a related field.
• Minimum 8 years of banking experience, including at least 3 years in cash management, treasury operations, or branch operations.
• Strong knowledge of cash management, banking operations, and regulatory requirements.
• Excellent leadership, communication and problem-solving skills.
• Proficient in Microsoft Office and banking systems.

Duties and Responsibilities 

• Lead and oversee cash examination, verification, and vault operations by ensure timely deposit of branches and customers.
• Oversee daily cash counting, re-counting, sorting, and reconciliation to ensure 100% accuracy of cash balances.
• Ensure proper vault management, including custody control, dual control procedures, and cash accountability.
• Ensure effective coordination with branches, cash movement teams, and other departments.
• Establish, review, and enforce SOPs for cash verification, remittance processing, and vault operations with internal policies, audit requirements, and Central Bank regulations.
• Monitor cash discrepancies, investigate variances, and ensure timely resolution and reporting by implementing strong internal controls and preventive measures to mitigate risks of fraud, loss, or operational errors.
• Prepare and review management reports on cash positions, discrepancies, and operational performance.