SBV Cash Processor Yes Learnership 2025

  • Job Title: SBV Cash Processor Yes Learnership 2025
  • Date Posted: 2025/03/20
  • Closing Date: Not Specified
  • Reference Number: YES2025NELCP

Key Performance Areas (KPA’s)

Receive Cash

  • Receive deposits and updates on the applicable systems.
  • Follow all rules and procedures to eliminate any potential dangers to the organization and its customers.

Prepare Cash on the applicable system

  • Check the container/Bag for any damages or interferences and report all anomalies to the Team Controller.
  • Acknowledge the container/bag on the applicable system.
  • Process all deposits in accordance with the agreed-upon bank SLAs and SOPs for the appropriate system.
  • Prepare the workstation precisely for effective and efficient note counting.

Note Sorting

  • Sort all prepared deposits/notes for FDP/ACDP on the same day within the cut-off hours.
  • Send rejected notes to the Reject Teller, together with the PCD cards, deposit slips, and stop loss bag to verify and balance.
  • The operator will write a board (client name, date, denominations, number of bundles, and operator name) and present it to the camera.
  • Balance per deposit
  • Report differences to the Team Controller
  • Fill out the production sheet
  • The technician is to sign the downtime register on machine breakdowns
  • The Team Controller will verify the end-of-day bundles.
  • Daily balancing\reconciliation by Team controller

Reconcile ACDP deposits

  • Conduct a reconciliation of all rejected notes to validate the information.
  • Manually inspect all rejected notes for counterfeits, dye-stained, and damaged notes.
  • Perform cash transfers to vaults
  • Perform end-of-day balancing/ reconciliation of all cash received
  • Handled all transactions, including shortages and surpluses, according to SOPs

Desktop deposit processing

  • Inspect the container/bag for damage or tampering and report any irregularities to the Team Controller.
  • Acknowledge the container/bag on the applicable system.
  • All deposits must be kept separate for each client at all times and processed on the same day they are received.
  • All deposits must be processed and balanced using the suitable system.
  • Perform end-of-day balancing/ reconciliation of all cash received
    · Follow SOPS for all transactions, including shortages and surpluses.
  • Ensure accurate preparation for efficient note counting.

Sachet and Process Coin

  • Process bulk coin deposits according to SBV’s regulations and procedures.
  • Sort and process teller coin transfers
  • Write the operator names, date, customer name, and denomination on a board and display it to the camera.
  • Receive and verify the money(bins), check the seal, denomination, and bin register
  • To ensure that the bags match the bin page and denomination, count them out.
  • Cut the bags open to fill the wagon
  • Clear jams on the machines
  • Balance the money per client/deposit
  • Report differences to the Team Controller
  • Perform end-of-day balance/ reconciliation

Bank system integrated deposit processing

  • Verify every transaction connected to system integrations in accordance with the SLA of the bank.
  • Inform client services of account numbers not linked to the bank system to avoid delays in crediting the customer
  • Verify deposit account number to prevent losses or misposts.
  • Escalate system downtime/delayed batches to team controller

Payroll and change

  • Payroll and change transactions must be completed in accordance with the SLA per client.
    · Report all irregularities to the Team Controller promptly.
  • Floats must be sealed in drop safe bags, along with float packing slips, and placed into trolleys according to client requirements.
  • Payroll entries will be handled within the bank’s SLA timeframes.
  • Keep all equipment in good working order and report any defects to the Team Controller.
  • Obtain bank authorization prior to dispatching as per SOP

Prepack/Treasury

  • Assist with proper packing and unloading of bank and ATM cash.
  • Manage consumables in line with packing requirements.
  • Ensure that the bag and seal numbers are correctly documented.

Manage Equipment

  • Utilise equipment according to Standard Operating Procedures (SOPS), protecting and taking care of company assets, e.g., cleaning of the machinery before the shift starts and after the shift finishes.

Governance

  • Subscribe and align to SBV Services’ ISO 9001:2015 Quality Management Standards, ensuring the department’s processes and quality management system is at all times in compliance with the standard.
  • Assist SBV in its ESG journey by monitoring and overseeing the ESG standards to guarantee a favorable reflection and result.

Drive the organization culture

  • Promote the department’s principles while fostering self-assurance and creating a sense of excitement, zeal, and dedication to the goal.

Lead as an Ambassador and executor of Change

  • Served as a change management architect during moments of transition to guarantee company continuity.
  • Oversee the integration of business divisions to provide a smooth end-to-end solution for clients.
  • Effectively communicate and incorporate new processes and procedures as they emerge, addressing or escalating issues/concerns to subject matter experts (SMEs) as needed.
  • Facilitate the appropriate presentations, workshops, or forums to ensure that communication is consistent and correct throughout one’s portfolio.

Minimum Requirements

  • 6 months previous cashier/teller experience: Advantageous

Minimum Requirements: Education

  • Grade 12 with Maths Literacy

Special Training Or Requirements

  • Successfully completed SBV Cash Processor Training

Click here to apply

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