Conduct surprise physical cash verification at the branch, ATM, and agency vault, ensuring proper custody and safekeeping.
Verify cash replenishment agency operations and account reconciliation.
Scrutinize daily cash transactions for anomalies, particularly large receipts or payments.
Confirm that cash verification is done by an officer independent of the joint custodian.
Ensure all cash transactions of 10 lakh or more are reported in CTR.
Verify PAN/Form 60 compliance for cash transactions of 50,000 or more.
Check insurance cover for inward and outward cash remittances.
Review currency chest transactions and timely reporting to RBI.
Report and verify counterfeit currency.
Deposits - Verification
Verify adherence to KYC/AML guidelines and FATCA/CRS compliance for all customer accounts.
Ensure proper handling of large term deposits, particularly repayments in cash exceeding limits.
Examine high-mortality accounts and dormant account revival processes.
Ensure accurate reporting of Suspicious Transaction Reports (STR).
Confirm the transfer of unclaimed deposits (10+ years) to RBI.
Ensure senior citizen benefits are applied correctly.
Verify changes to customer account details (address, PAN, etc.) per bank guidelines.
Loans & Advances - Verification
Confirm loans and advances are sanctioned per delegated authority and documented correctly.
Verify securities and their proper registration, and ensure correct entry in the system.
Monitor compliance with prudential norms (income recognition, asset classification, provisioning).
Validate follow-up actions for overdue loans, including physical verification of securities.
Confirm all loan transactions are processed via the LLPS system.
LC/BG - Verification
Ensure Letters of Credit and Bank Guarantees are issued as per standard formats.
Verify margin, security, and terms of payment for compliance with sanction guidelines.
Confirm government guarantees for state SPVs and verify the project's financial feasibility.
Foreign Exchange Transactions - Verification
Ensure compliance with ECGC and exchange control regulations for export bills.
Verify operations in foreign currency accounts (NRE, FCNR, etc.) follow applicable rules.
Monitor SWIFT operations and ensure proper logging and entry in the system.
Confirm compliance with export finance terms and conditions.
Compliance & Miscellaneous - Verification
Ensure compliance with tax regulations (TDS, GST, etc.) for all payments and bills.
Monitor fraud reporting and confirm corrective actions.
Verify the proper custody and movement of keys and sensitive documents.
Ensure adherence to RBI and other regulatory guidelines across operations.
Job Type: Full-time
Pay: ₹9,000.00 - ₹38,056.26 per month
Ability to commute/relocate:
Muvattupuzha, Kerala: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
Are you from or willing to work at srimoolanagaram/Aluva/Kalady?
Do you have any prior experience in bank audits or any CA firm?
What is your expected salary ?
How many years will you able to work with us in case selected ?
Experience:
total work: 1 year (Preferred)
Location:
Muvattupuzha, Kerala (Preferred)
Work Location: In person
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