Cash Transactions Management
Signing and Other Reportorial Functions
Primarily respo
nsible for the implementation of all laws, rules, regulations and internal policies and procedures of the bank in so far as his/her branch is concerned.Respo
nsible for the strict implementation and observance of the Code of Discipline to his/her branch.Keeps signature cards inside the vault under joint custody dormant accounts and signature cards.Ensures proper accomplishment and updating of signature cards.Acts as custodian of accountable forms like checkbooks, official receipts, etc. and maintains proper logbook.At mo
nth end, keeps charge in the preparation of bank statements for demand deposits including sorting of statements and cancelled checks to correspo
nding clients; calls back checks sorted against bank statements, and sees to it that they are complete.Assists the Branch Manager and the Marketing Officers/Associates in receiving and entertaining calls/clients coming to the Bank regarding inquiries on bank procedures, bank products, client’s complaints and other related matters.Helps in the deposit generation of the branch for the attainment of deposit targets.Acts as reliever in case a Teller is absent, or is still serving clients or taking a break.Coordinates with the Branch Manager in training or developing staff to become more efficient and competent in their respective functions; in appraising work performance of each branch staff under his/her direct supervision.Maintains good housekeeping in the workplace.Ensures all docu
ments for the day were scanned by the respo
nsible NEWA and Teller.Ensures all Accountable forms issued for the day are accounted.Ensures all cancelled transactions and accountable forms for the day are accounted.Ensures all reversals for the day are accounted.Act as the Compliance Coordinator of the branch and timely submits the following reports to Compliance Dept or BBGCertification of Compliance with the Banking Laws, Rules & regulatio
nsBranch Exception Report checked/approved by the Branch HeadSuspicious Transaction Report (STR)Covered Transaction Report (CTR)Significant Balance Change Certificatio
nBBG Checklist Certification Manager’s Check ReportServes as a model employee of the staffPerforms other tasks that may be assigned from time to time depending on business needs
The Metro Gaisano GroupWealthBank traces its origin in the year 1967 when Danao City Development Bank was granted a thrift bank license and an authority to operate by then Central Bank of the Philippines. This single-branch thrift bank, principally located in Danao City, had equity participation by the Development Bank of the Philippines and the Land Bank of the Philippines. In 2001 , VICSAL Development Corporation, acquired Danao City Development Bank, signaling the start of what is now known as Wealth Development Bank. Branch expansion soon started in 2002 starting in the Visayas and Mindanao region. Currently, Wealthbank has 24 strategic branches located throughout the country with new branches poised to open in current and succeeding years. In 201 6, it became a subsidiary of Woori Bank, the oldest and the second largest bank of South Korea, after it acquired 51% stake in Wealthbank. This merger gave a unique position to Wealthbank as a local thrift bank with global reach.Woori BankWealth Bank, is the first and only thrift bank in the Philippines to become a subsidiary of a multinational bank, Woori Bank. Recognizing its strong potential for expansion and growth, Woori Bank partnered with Vicsal Development Corporation for WealthBank in 2016. Woori, established in 1899 as Daehan Cheonil Bank and later renamed to Woori Bank, is South Korea's oldest and second largest bank in terms of total assets, ranking 91st worldwide. For the past 100 years, Woori has served as the treasury bank for the Seoul Metropolitan Government and managed funds raised for the National Debt Redemption Movement. By the 3rd quarter of 201 5, Woori Bank had a total of $173 billion in deposits, $209 billion in loans, and $251 billion in total assets. Woori Bank was acclaimed Bank of the Year in Korea by The Banker in 2004,2007,2008,2010, and 2011 and The Asian Banker in 2011 , 2012 and 2013. It also served as the driving force behind Seoul’s economic growth by serving as lender for promising exporters. Woori is also known for its technological innovation and use of computer and mobile telephony. In 2015 Woori Bank launched WiBee Bank, considered to be Korea's first mobile-only bank. It also entered into partnership with Samsung to provide Samsung Pay payments and ATM cash withdrawal transactions. Woori Bank brings to WealthBank its international experience in serving a vast array of 22 million retail clients and over a million commercial firms, conglomerates, and public institutions with its 956 branches in South Korea as well as its 225 branches in 20 other countries. This synergy between Woori Bank and VDC for WealthBank will expand its market reach to serve Korean SMEs and the Overseas Filipino Workers, as well as Korean businesses operating in the country and Korean citizens visiting and working in the Philippines. Customers can look forward to additional branches, ATM outlets, and more products and services including Foreign Currency Deposit Unit (FCDU), Government Securities Trading, Credit Card, Quasi Banking, and Remittance. This major milestone is key in the fulfilment of WealthBank's vision beyond global reach to global presence.