SBV Services is offering a valuable opportunity under the YES4Youth initiative for a YES4Youth Cash Processor Opportunity in eMalahleni. This 12-month work experience programme is designed to provide hands-on exposure in cash processing and treasury operations within a secure and professional environment. If you meet the minimum requirements and are ready to gain structured workplace experience, this contract opportunity could be the next step in building your career.
Position Details
- Position: SBV YES4Youth Cash Processor
- Reference Number: YES4YouthEMA
- Work Level: Junior
- Job Type: Contract
- Duration: 9 – 12 Months (12-Month Work Experience)
- Salary: Market Related
- EE Position: Yes
- Location: eMalahleni
- Closing Date: Not Specified
Requirements
To qualify for the YES4Youth Cash Processor opportunity , candidates must meet the following requirements:
- Grade 12 with Maths Literacy
- 6 months previous cashier/teller experience (Advantageous)
Key Responsibilities
The YES4Youth Cash Processor Opportunity will be responsible for the following duties:
Receive Cash
- Receive deposits and update on applicable systems.
- Comply with all policies and procedures to eliminate risks to the company and customers.
Prepare Cash on the Applicable System
- Check containers/bags for damages or tampering and report anomalies to the Team Controller.
- Acknowledge containers/bags on the system.
- Process deposits in line with bank SLAs and SOPs.
- Prepare workstation accurately for effective note counting.
Note Sorting
- Sort all prepped deposits/notes (FDP/ACDP) on the same day within cut-off times.
- Send rejected notes to the Reject Teller with PCD cards, deposit slips, and stop loss bag for verification and balancing.
Reconciliation of ACDP Deposits
- Reconcile rejected notes to validate information.
- Manually check rejected notes for counterfeits, dye-stained, and mutilated notes.
- Perform cash transfers to vaults.
- Complete end-of-day balancing and reconciliation.
- Handle shortages and surpluses according to SOPs.
Desktop Deposit Processing
- Inspect containers/bags for damage or tampering.
- Keep deposits separate per customer at all times.
- Process and balance deposits on the same day received.
- Perform end-of-day reconciliation of all cash received.
- Ensure accurate prepping for effective note counting.
Sachet and Process Coin
- Process bulk coin deposits according to SBV policies and procedures.
- Sort and process teller coin transfers.
Bank System Integrated Deposit Processing
- Validate transactions linked to system integrations per bank SLA.
- Inform client services of account numbers not linked to avoid delays.
- Verify deposit account numbers to eliminate losses or misposts.
- Escalate system downtime or delayed batches to the Team Controller.
Payroll and Change
- Process payroll/change transactions according to customer SLA.
- Report discrepancies to the Team Controller.
- Seal floats in drop safe bags with packing slips.
- Process payroll entries within bank SLA timeframes.
- Maintain equipment and report defects.
- Obtain bank authorization prior to dispatch as per SOP.
Prepack / Treasury
- Assist with packing and unpacking of bank and ATM cash.
- Manage consumables in line with packing requirements.
- Confirm correct recording of bag and seal numbers.
Manage Equipment
- Utilise equipment according to SOPs and protect company assets.
Why Apply
The YES4Youth Cash Processor opportunity provides structured workplace exposure in cash handling, reconciliation, treasury support, and system-based deposit processing. It is suitable for candidates who meet the minimum requirements and are seeking junior-level work experience in a professional environment.
This 12-month contract allows successful applicants to gain practical skills while working in line with established banking SLAs and operational standards.
Important Notes
- This is a contract position under the YES4Youth initiative.
- The salary offered is market related.
- The position is based in eMalahleni.
- The role requires strict compliance with company policies and Standard Operating Procedures (SOPs).