SBV Cash Processor Contractor Learnership, Nelspruit

About the Opportunity

SBV Services is offering a Cash Processor Contractor opportunity as part of an Unemployed Banking Learnership in Nelspruit. The position is at junior work level, offered on a contract basis for 9 to 12 months, with a market-related salary.

Reference Number: NELCPBL2NOV2026

Key Performance Areas

Receive Cash

• Receive deposits and update them on the applicable systems.
• Comply with all policies and procedures to eliminate possible risks to the company and customer.

Prepare Cash on the Applicable System

• Check containers or bags for damages or interference and report anomalies to the Team Controller.
• Acknowledge containers or bags on the applicable system.
• Process all deposits in line with agreed bank SLAs and SOPs on the applicable system.
• Prepare the workstation accurately for effective and efficient note counting.

Note Sorting

• Sort all prepared deposits and notes for FDP or ACDP on the same day and within cut-off times.
• Send rejected notes to the Reject Teller together with PCD cards, deposit slips and the stop loss bag for verification and balancing.
• Write a board showing the client name, date, denominations, number of bundles and operator name, and show it to the camera.
• Balance each deposit.
• Report differences to the Team Controller.
• Complete the production sheet.
• Ensure the technician signs the downtime register when machines break down.
• Ensure end-of-day bundles are verified by the Team Controller.
• Support daily balancing and reconciliation by the Team Controller.

Reconciliation of ACDP Deposits

• Perform reconciliation of all rejected notes to validate the information.
• Manually check rejected notes for counterfeit, dye-stained and mutilated notes.
• Perform cash transfers to vaults.
• Perform end-of-day balancing and reconciliation of all cash received.
• Handle transactions, including shortages and surpluses, according to SOPs.

Desktop Deposit Processing

• Check containers or bags for damage or tampering and report anomalies to the Team Controller.
• Acknowledge containers or bags on the applicable system.
• Keep deposits separate per customer at all times.
• Ensure deposits are processed on the same day they are received from the customer.
• Process and balance all deposits on the applicable system.
• Perform end-of-day balancing and reconciliation of all cash received.
• Handle transactions, including shortages and surpluses, according to SOPs.
• Prepare deposits accurately to enable effective and efficient note counting.

Sachet and Process Coin

• Process bulk coin deposits in accordance with SBV policies and procedures.
• Sort and process teller coin transfers.
• Write a board showing the client name, date, denomination and operator names, and show it to the camera.
• Receive and verify money bins, including the seal, denomination and bin register.
• Count bags to balance with the bin page and denomination.
• Cut bags open to fill the wagon.
• Clear machine jams.
• Balance money per client or deposit.
• Report differences to the Team Controller.
• Perform end-of-day balancing and reconciliation.

Bank System Integrated Deposit Processing

• Validate transactions linked to system integrations according to bank SLAs.
• Inform client services of account numbers that are not linked to the bank system to avoid delays in crediting customers.
• Verify deposit account numbers to eliminate losses or incorrect postings.
• Escalate system downtime or delayed batches to the Team Controller.

Payroll and Change

• Process payroll and change transactions according to the applicable customer SLA.
• Report discrepancies to the Team Controller timeously.
• Seal floats in drop-safe bags together with float packing slips and place them into trolleys according to client requirements.
• Process payroll entries within bank SLA timeframes.
• Maintain equipment by reporting defects to the Team Controller.
• Obtain bank authorisation before despatching as required by SOPs.

Prepack and Treasury

• Assist with the accurate packing and unpacking of bank and ATM cash.
• Manage consumables in line with packing requirements.
• Confirm that bag and seal numbers are properly recorded.

Manage Equipment

• Use equipment according to Standard Operating Procedures and protect company assets.
• Clean machines before the shift starts and after the shift ends.

Governance and Organisational Responsibilities

• Align with SBV Services’ ISO 9001:2015 Quality Management Standards and ensure departmental processes and the quality management system remain compliant.
• Support SBV’s ESG journey by reporting on and managing ESG requirements to support a positive outcome.
• Drive departmental values while inspiring confidence, excitement, enthusiasm and commitment towards the mission.

Change Management

• Act as a change management architect during periods of change to support business continuity.
• Manage the integration of business units into a seamless end-to-end solution for customers.
• Communicate and embed new processes and procedures, addressing or escalating concerns to subject matter experts where required.
• Facilitate presentations, workshops or forums to ensure consistent and accurate communication across the portfolio.

Minimum Requirements

• Applicants must not have previously participated in the National Certificate: Banking.
• Grade 12 with Mathematics or Mathematical Literacy.
• Applicants must be between 18 and 29 years old.

Employment Details

• Work Level: Junior
• Job Type: Contract
• Salary: Market Related
• Duration: 9 to 12 months
• EE Position: No
• Location: Nelspruit

How to Apply

Click here to apply