SBV Services is offering an opportunity for an unemployed young person to join its Banking Learnership as a Cash Processor Contractor in Durban, KwaZulu-Natal. The opportunity is aimed at candidates who want to gain practical workplace experience in cash processing, banking operations, financial services and related processes. The successful candidate will be responsible for receiving, processing, sorting and reconciling cash deposits while following 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. Key Responsibilities The Cash Processor Contractor will receive customer deposits and update the relevant information on applicable systems while ensuring that all company policies and procedures are followed. Responsibilities include checking cash containers and bags for damage, tampering or other irregularities, acknowledging containers on the relevant systems and processing deposits according to agreed banking service levels and standard operating procedures. The successful candidate will sort and process notes, balance deposits, complete production records and report any shortages, surpluses or discrepancies to the Team Controller. The role also involves reconciling rejected notes, checking notes for counterfeit, dye-stained or mutilated currency, transferring cash to vaults and completing end-of-day cash balancing and reconciliation. Additional duties include processing desktop deposits, bulk coin deposits and teller coin transfers. Candidates will be required to verify money received, check seals and denominations, balance deposits and report differences. The Cash Processor will also assist with bank-system integrated deposit processing, including validating transactions, verifying account numbers and escalating system downtime or delayed batches. Other responsibilities include processing payroll and change transactions, preparing floats, assisting with bank and ATM cash packing and unpacking, recording bag and seal numbers and managing consumables. The successful candidate will be expected to use cash-processing equipment correctly, report equipment defects and maintain equipment in accordance with standard operating procedures. Skills and Competencies Applicants should have: 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 in a team. Willingness to learn and develop practical banking skills. Commitment to following security, compliance and operational procedures. Banking Learnership Opportunity This opportunity provides unemployed young people with exposure to banking-related cash processing and operational activities. The role involves working with cash, deposit processing, reconciliation, banking systems and operational controls. Because the position involves handling cash and financial transactions, candidates are expected to maintain a high level of accuracy and comply with all applicable procedures and security requirements. 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.