SBV Services is offering a Cash Processor Contractor opportunity for unemployed young people through a Banking Learnership in Pretoria, Gauteng. The position provides an opportunity to gain practical workplace experience in cash processing, banking operations, deposit processing and financial transaction reconciliation. The successful candidate will be responsible for receiving, preparing, sorting and processing cash deposits, reconciling transactions and following established banking procedures and standard operating procedures. Minimum Requirements Applicants must meet the following requirements: Grade 12 with Mathematics. Must be between 18 and 29 years old. Must not have previously participated in the National Certificate: Banking. Applicants should be interested in gaining practical experience in banking, cash processing and financial services. Key Responsibilities Receive Cash The Cash Processor will be responsible for receiving cash deposits and updating the relevant information on applicable systems. Duties include: Receiving customer deposits. Updating deposits 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 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. Accurately preparing the workstation for efficient note counting. Note Sorting The successful candidate will assist with sorting and processing prepared deposits and notes. 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 each deposit. Reporting differences to the Team Controller. Completing production sheets. Ensuring end-of-day bundles are verified. Participating in daily balancing and reconciliation. Following the required procedures when machines experience breakdowns or downtime. Reconciliation of ACDP Deposits Responsibilities include: Reconciling rejected notes to validate transaction 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 Cash Processor 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. Processing all deposits on the same day they are received. Processing and balancing deposits on the applicable system. Completing end-of-day balancing and reconciliation. Handling shortages, surpluses and other transactions according to standard operating procedures. Accurately preparing deposits for efficient note counting. Sachet and Coin Processing Responsibilities include: Processing bulk coin deposits according to SBV Services policies and procedures. Sorting and processing teller coin transfers. Recording client, date, denomination and operator information as required. Receiving and verifying money bins. Checking seals, denominations and bin registers. Counting bags to balance with the relevant bin page and denomination. Preparing bags for processing. Clearing machine jams according to procedures. Balancing money per client and deposit. Reporting differences to the Team Controller. Completing end-of-day balancing and reconciliation. Bank System Integrated Deposit Processing The successful candidate will assist with transactions linked to integrated banking systems. Duties include: Validating transactions linked to system integrations according to banking service level agreements. Informing Client Services when account numbers are not linked to the banking system. Verifying deposit account numbers to reduce the risk of losses or incorrect postings. Escalating system downtime and delayed batches to the Team Controller. Payroll and Change Responsibilities include: Processing payroll and change transactions according to customer service level agreements. Reporting discrepancies to the Team Controller in a timely manner. Sealing floats in drop-safe bags together with float packing slips. Placing floats into trolleys according to customer requirements. Processing payroll entries within required banking timeframes. Reporting equipment defects to the Team Controller. Obtaining required bank authorisation before dispatching transactions. Prepack and Treasury The Cash Processor will assist with treasury-related activities, including: Accurately packing and unpacking bank and ATM cash. Managing consumables according to packing requirements. Confirming that bag and seal numbers are correctly recorded. Manage Equipment The successful candidate must use cash-processing equipment according to standard operating procedures and protect company assets. Responsibilities include: Using equipment correctly and safely. Taking care of company equipment and assets. Cleaning machines before and after shifts as required. Reporting equipment defects and problems to the Team Controller. Governance and Quality The role requires employees to follow applicable quality management standards and operational requirements. Responsibilities include: Aligning with SBV Services' ISO 9001:2015 Quality Management Standards. Ensuring that relevant processes comply with established quality requirements. Supporting applicable ESG requirements and initiatives. Following company governance, policies and procedures. Organisational Culture and Change The successful candidate is expected to contribute positively to the organisation's working environment and support operational changes. Responsibilities include: Supporting departmental values and organisational objectives. Communicating and following new processes and procedures when introduced. Raising concerns or operational matters with relevant subject matter experts. Supporting business continuity during periods of change. Participating in relevant presentations, workshops or forums when required. Skills and Competencies Applicants should demonstrate: Good attention to detail. Basic mathematical and numerical ability. Accuracy when handling cash and financial transactions. Ability to follow detailed 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 gain practical banking experience. Ability to work responsibly in a controlled and process-driven environment. About the Opportunity This Banking Learnership provides an opportunity for unemployed young people to gain practical workplace exposure in banking operations and cash processing. The role covers several areas of cash processing, including receiving deposits, note sorting, cash reconciliation, desktop deposit processing, coin processing, integrated banking-system transactions, payroll and change processing, treasury activities and equipment management. Because the position involves handling cash and customer transactions, candidates are expected to work accurately, follow security and operational procedures and comply with established banking processes. Contract Duration The position is offered on a contract basis for approximately 9 to 12 months. 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