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SBV Cash Processor YES Internships

Listing Reference: YES2025NELCP
Listing Status: Open

Position Summary
Company: SBV Services
Industry: Banking & Financial Services
Job Category: Learnership / Internship
Location: Nelspruit, South Africa
Contract Type: Temporary (9 – 12 Months)
Remuneration: Market Related
EE Position: No
Closing Date: To Be Announced

Introduction
SBV Services is offering an exciting opportunity for young professionals through the YES Learnership Program for Cash Processors in Nelspruit. This program is designed for candidates who are eager to gain practical experience in the cash processing industry while contributing to a leading financial services company. If you have a keen eye for detail and an interest in banking and cash handling, this could be the perfect stepping stone for your career.

Job Description
As a Cash Processor, you will be responsible for handling cash deposits, sorting banknotes, reconciling transactions, and ensuring compliance with standard operating procedures. Your role will involve working in a high-security environment where accuracy and attention to detail are crucial.

Ideal Candidate

  • A recent graduate or student seeking practical experience in financial services
  • Someone with excellent numerical skills and high attention to detail
  • A candidate with strong ethics and the ability to work in a highly regulated environment
  • An individual who is comfortable working in a physically demanding role

Role Responsibility

  • Receiving Cash: Process incoming cash deposits, check for damages, and update the applicable systems
  • Cash Preparation: Verify bags and containers, prepare workstations for counting, and adhere to security protocols
  • Note Sorting: Sort and balance cash deposits, report discrepancies, and complete production sheets
  • Reconciliation of Deposits: Ensure all rejected notes are validated and reconcile transactions accurately
  • Desktop Deposit Processing: Process deposits separately per customer and balance transactions daily
  • Sachet & Coin Processing: Handle bulk coin deposits, verify transactions, and balance bins efficiently
  • Bank System Integration: Validate transactions, escalate downtime issues, and prevent mispostings
  • Payroll & Change Handling: Process payroll transactions and ensure compliance with client SLAs
  • Treasury & Prepack Services: Assist in packing and unpacking ATM and bank cash securely
  • Equipment Management: Maintain and utilize machinery efficiently, reporting any defects

Skills & Attributes

  • Excellent numeracy and accuracy skills
  • Strong organizational abilities and time management
  • Ability to work under pressure in a fast-paced environment
  • Good communication and teamwork skills
  • Trustworthy and able to handle high-value transactions
  • Basic knowledge of banking and financial transactions

Minimum Requirements

  • Grade 12 with Maths Literacy
  • 6 months of previous cashier/teller experience (Advantageous)
  • Successfully completed SBV Cash Processor Training

Governance & Compliance

  • Adhere to SBV Services’ ISO 9001:2015 Quality Management Standards
  • Support SBV’s Environmental, Social, and Governance (ESG) initiatives
  • Align with the company’s risk management and compliance policies

Organizational Culture & Change Management

  • Drive company values, fostering enthusiasm and commitment
  • Act as an ambassador for positive change and business integration
  • Effectively communicate new processes and procedures.
  • Lead workshops and training sessions to ensure smooth transitions

This learnership opportunity at SBV Services is an excellent way to gain hands-on experience in the financial sector while developing crucial skills that will benefit your future career. Apply today and take the next step towards a promising career in cash processing.

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