Job Description
Exercise joint custodianship of the vault and ATMs, process branch cash orders and repatriations, process Nostro cash repatriations and importations, handle transactions with local banks including Reserve Bank of Zimbabwe (RBZ), recommend RBZ withdrawals and RBZ deposits, checking of cash to ensure integrity of cash in circulation, and ensures that the bank’s laid down procedures and controls are adhered to
Duties and Responsibilities
Main Focus Areas
• Joint custodianship of the Treasury cash and ATMs for the Bank.
• Detailed checking of cash repatriated by bulk tellers, branches and other banks to guard against shortages, surpluses, fake notes, soiled notes and
mutilated notes and thus ensure integrity of cash in circulation.
• Ensure that branch cash requirements as ordered are attended to
timeously as per SLA and accurately.
• Ensure that the bank’s laid down policy and procedures regarding custody
and movement of cash are adhered to.
• Assists in managing CCD cash holding levels by recommending RBZ
withdrawals and RBZ deposits and cash imports and cash exports.
• Processing Nostro cash repatriations as per laid down procedures.
• Daily reconciliation of suspense accounts.
• Ensures daily balancing of ATMs and timeous query resolution as per SLA.
• Daily balancing of physical cash against ledger at the end of each day.
• Ensures timeous submission of management and regulatory reports to
internal and external stakeholders.
• Attend to and process cash transactions done with local banks including
Reserve Bank of Zimbabwe.
• Filing of all CCD records and reports.
• Ensure accurate processing of vault transactions into the core banking
system.
• Reports faulty and broken equipment to the Team Leader – Central Cash
Depot.
• Contribute towards continuous improvement by identifying revenue,
efficiencies and cost-saving opportunities.
• Provide input into monthly CCD meetings and debriefs to discuss the
results of operational initiatives, review policies and procedures,
upcoming events and results of past events.
• Contribute to the overall performance of the department by achieving set
performance targets.
Qualifications and Experience
Qualifications and Work Experience
• A minimum of 2 ‘A’ Levels and working towards completing IOBZ.
• The incumbent must have at least 3 years as a cash custodian with
proven working experience in handling cash transactions.
• Basic computer skills such as Word, Excel, Microsoft e.t.c
Skills and Competencies:
• Ability to provide quality customer service
• Cash control and custody
• Cash management
• Supervision and managing people
• Sound judgment required to respond to customers’ needs & queries
• Ability to use own initiative
• Strong time management skills
• Team player with ability to work in a dynamic cultural
environment
Job Related Knowledge
• Knowledge of legal and regulatory issues typical for the country banking system.
How to Apply
Interested applicants who meet the job requirements should e-mail their CVs to Careerszim@bancabc.co.zw with the Heading: “Vault Custodian ” APPOINTMENTS WILL BE MADE IN COMPLIANCE WITH BancABC’s RECRUITMENT POLICY.
Closing date: 12 December 2022 1630hrs.
