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Ratnakar Bank Limited (RBL Bank) Recruitment 2016 – 01 Vacancy – Branch Operation Manager – Any Post Graduate/ Any Graduate

Ratnakar Bank Limited (RBL Bank)  has issued a recruitment notification for the recruitment of  Branch Operation Manager through recruitment notification –  Ratnakar Bank Limited (RBL Bank)  Recruitment 2016 –  Candidates who have completed   Any post Graduate / Any Graduate can apply for the new recruitment notification from  Ratnakar Bank Limited (RBL Bank)

Eligible candidates can apply online for the  Branch Operation Manager Job on or before 19/03/2016. Find more information about the vacancy like Age limit, Selection Process, Qualification, Application fee, How to apply etc can be found below.

Company Name
 :   Ratnakar Bank Limited (RBL Bank)
Vacancy Name :  Branch Operation Manager
Educational Qualification :  Any Post Graduate / Any Graduate
Total No of Vacancy :  01 Post
Salary :  NA
Job Location : Solapur
Last Date to Apply for this job : 19/03/2016
Address for the Job Vacancy : Ratnakar Bank Limited (RBL Bank)  , Solapur .

Detail of Post:


    Major Activities – Compliance & Risk Management

Ensuring adherence to prescribed guidelines as per operations manual and e-circulars issued from time to time

Developing a compliance culture through

Awareness programs for branch staff on risk & compliance through Daily Workplace Meetings and other platforms

Display of mandatory notices at branch

Ensuring dual custody of security items

Day-end checking of high value transactions > INR 2 lakhs and non-base branch transactions (cash, transfers, RTGS etc)

Ensure customer calling when in doubt to reduce frauds

Safe custody of items like stamps, stickers, keys, note slips etc.

Daily reconciliation, balancing and tallying

Training the branch staff on prevention of fraud and avoiding errors

Mitigating risk in office accounts by

Reversing office account entries and IBRs within applicable TAT

Monitoring key office accounts on daily basis

Reconciliation of clearing accounts on daily basis

balance confirmation

Reconciliation of CMS pending cases

Timely closure of audit-related matters

Closure of Key Audit Findings of IAD and RRM audit reports within TAT

Acting upon AIRI cases

Co-ordination with CA firms for Concurrent Audit and Auto Verification

Checking audit SQLs for re-confirmation and implementing corrective measures

Handling fraud cases

6 hour reporting

Closure of fraud cases in co-ordination with Internal Control Team

Physical verification and reconciliation of various inventory items

Security items like cash, DD-PO stationery, foreign currency, keys, gold coins, welcome kits- Monthly

Deliverables- Monthly

Fixed assets- Quarterly

Keys- Quarterly

Locker keys- Half yearly

Filing various returns in time

Monthly returns

Half yearly returns

Quarterly Returns

Mitra Committee reports- daily

TOD, cheques and bills purchased beyond one month, Against Clearing Debits, Loan Against FD, Loan Against Jewels

QRS returns

FCRA reports

Charge Taking Certificate- as and when required

Maintenance and periodic updation of registers

Daily updation (General Visitors’ Book/ Vault Register cum Jotting Book/ QCD register/ Cheque Book Register/ Gold Register/ Foreign Currency Register/ PAN updation file/ Security inventory Register (DL)/ Inward Register)

Branch documents register- As and when required

Key movement register- As and when required

Checking various daily reports (Day book/ GL/ Multiple Cash Deposit report/ ISRA- travelers cheques)


Obtaining A1 & A2 returns for all remittances > USD 5000

Ensuring approvals are in place for FCRA account transactions (TASC)

Physical custody of keys of


Items covered under Double Lock (DL)


Vacant lockers

Boxes containing deliverables

Master locker key


Graduation min 50%


6 – 8 years


Ensure operations, risk control and process adherence at branches

Branch Audit scores

SOAX Audit scores

Fraud prevention

Ops risk monitoring

RBI audits, inspections and incognito visits


Monitor housekeeping and security personnel

Report issues pertaining to infrastructure and otherwise to INFRA

Ensure availability and functioning of adequate infrastructure elements (CCTV/ Fire Alarm/ Burglar Alarm/ Fire Extinguisher/ Fire Fighting Equipment/ Cash Cabins/ Strong Room/ Defender Safe/ FRFC etc.,)


Selection Procedure::

candidates can apply on or before 19/03/2016

No detailed information about the selection procedure is mentioned in the recruitment notification.

How to apply ?

Candidates should Apply Online. Last date of submission 19/03/2016.

Important dates to remember :

Last Date to Apply for this job 19/03/2016


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