SBV Services is offering a Cash Processor Contractor opportunity for unemployed young people through a Banking Learnership in Ormonde, Johannesburg. The position provides an opportunity to gain practical workplace experience in cash processing, banking operations, deposit processing and reconciliation. The successful candidate will be responsible for receiving and processing cash deposits, sorting notes, reconciling transactions and ensuring that all cash-processing activities are completed accurately and in accordance with company policies, banking procedures and standard operating procedures. Minimum Requirements Applicants must meet the following requirements: Grade 12 qualification. Mathematics or Mathematical Literacy. Must be between 18 and 29 years old. Must not have previously participated in the National Certificate: Banking. Applicants should be unemployed and interested in gaining practical experience in banking and cash-processing operations. Key Responsibilities Receive Cash The successful candidate will be responsible for receiving customer deposits and updating the relevant information on applicable systems. Duties include: Receiving cash deposits. Updating deposit information on the applicable systems. Following company policies and procedures to minimise risks to the company and customers. Ensuring that cash is handled accurately and securely. Prepare Cash on the Applicable System Responsibilities include: Checking containers and bags for damage, tampering or other irregularities. Reporting any anomalies to the Team Controller. Acknowledging containers and bags on the applicable system. Processing deposits according to agreed banking service level agreements and standard operating procedures. Preparing the workstation accurately to support effective and efficient note counting. Note Sorting The Cash Processor will assist with the accurate sorting and processing of cash deposits. Duties include: Sorting prepared deposits and notes within the required cut-off times. Sending rejected notes to the Reject Teller together with the required documentation for verification and balancing. Recording client name, date, denominations, number of bundles and operator name as required. Balancing deposits accurately. Reporting differences to the Team Controller. Completing production sheets. Ensuring that end-of-day bundles are verified. Participating in daily balancing and reconciliation processes. Following the required procedures when equipment or processing issues occur. Reconciliation of ACDP Deposits Responsibilities include: Reconciling rejected notes to validate the relevant information. Manually checking rejected notes for counterfeit, dye-stained or mutilated currency. Performing cash transfers to vaults. Completing end-of-day balancing and reconciliation of cash received. Handling shortages, surpluses and other transactions according to standard operating procedures. Desktop Deposit Processing The successful candidate will also assist with desktop deposit processing. Duties include: Checking containers and bags for damage or tampering. Reporting anomalies to the Team Controller. Acknowledging containers and bags on the applicable system. Keeping deposits separated according to customer requirements. Ensuring deposits are processed on the same day they are received. Processing and balancing deposits on the applicable system. Performing end-of-day balancing and reconciliation of cash received. Handling shortages, surpluses and other transactions according to standard operating procedures. Preparing deposits accurately to enable effective and efficient note counting. Skills and Competencies Applicants should demonstrate: Good attention to detail. Basic numerical and mathematical ability. Ability to work accurately with cash and financial transactions. Ability to follow procedures and instructions. Good organisational skills. Good communication skills. Ability to identify and report discrepancies. Ability to work effectively as part of a team. Willingness to learn and develop practical banking skills. Ability to work responsibly in an environment where accuracy and compliance are important. About the Banking Learnership This opportunity is intended for unemployed young people who want to gain practical workplace exposure in banking and cash-processing operations. The role provides exposure to cash receiving, deposit processing, note sorting, reconciliation, transaction processing and banking systems. Candidates will also be required to work according to established procedures and controls to ensure that cash and customer transactions are processed accurately. As the position involves handling cash, applicants should understand the importance of accuracy, confidentiality, security and compliance with standard operating procedures. How to Apply Interested candidates who meet the requirements are encouraged to apply before the closing date. To apply, click the “Apply Now” button on this page. You will be redirected to the official application page where you can complete and submit your application directly to the employer. Click Here To Join Our WhatsApp Channel