Cash Processor Contractor – Unemployed Banking Learnership: Durban
Job Details
- Company: SBV Services
- Position: Cash Processor Contractor
- Programme: Unemployed Banking Learnership
- Reference: DBNBLNOV2026
- Location: Durban, KwaZulu-Natal
- Employment Type: Contract
- Work Level: Junior
- Salary: Market-related
- EE Position: No
- Date Posted: 28 September 2026
- Age Requirement: 18–29
- Closing Date: Not specified
Job Overview
SBV Services is offering a Cash Processor Contractor – Unemployed Banking Learnership opportunity in Durban for young people looking to gain practical experience in the banking and cash-processing environment.
The successful candidates will be responsible for receiving, preparing, processing, sorting, balancing, and reconciling cash deposits while following strict company procedures, banking requirements, and security controls. The role provides exposure to various cash-processing activities, including note sorting, desktop deposit processing, coin processing, bank-system integrated deposits, payroll and change transactions, and treasury-related duties.
Accuracy, attention to detail, honesty, and compliance are essential because the position involves handling cash, identifying discrepancies, checking deposits, and ensuring that all transactions are processed correctly. Candidates will also be expected to follow Standard Operating Procedures (SOPs), Service Level Agreements (SLAs), and applicable quality and governance requirements.
This opportunity is specifically aimed at unemployed young people who have not previously participated in the National Certificate: Banking programme. Applicants must have Grade 12 with Mathematics or literacy and must be between 18 and 29 years old.
Key Responsibilities
The Cash Processor will assist with:
- Receiving customer cash deposits and updating applicable systems.
- Checking containers and bags for damage, tampering, or other irregularities.
- Preparing deposits accurately for note counting and processing.
- Sorting notes and processing deposits within required cut-off times.
- Identifying and handling rejected, counterfeit, dye-stained, or mutilated notes.
- Balancing cash deposits and reporting shortages or surpluses.
- Completing production sheets and required documentation.
- Performing daily cash reconciliations.
- Processing cash transfers to vaults.
- Processing desktop deposits and ensuring customer deposits remain separated.
- Processing and balancing coin deposits and teller coin transfers.
- Checking seals, denominations, bins, and related documentation.
- Clearing machine jams and reporting equipment faults.
- Processing bank-system integrated deposits and verifying account numbers.
- Escalating system downtime or delayed batches to the Team Controller.
- Processing payroll and change transactions according to required SLAs.
- Preparing and securing floats and related documentation.
- Assisting with packing and unpacking bank and ATM cash.
- Recording bag and seal numbers accurately.
- Maintaining equipment and reporting defects.
- Following all relevant SOPs and security procedures.
Minimum Requirements
Applicants must meet the following requirements:
- Grade 12 / Matric
- Mathematics or literacy
- Must be 18–29 years old
- Must be unemployed
- Must not have previously participated in the National Certificate: Banking programme
Skills and Competencies
The role requires candidates who are:
- Accurate and detail-oriented
- Comfortable working with numbers and cash
- Honest and trustworthy
- Able to follow strict procedures
- Reliable and responsible
- Able to identify and report discrepancies
- Comfortable working in a structured, process-driven environment
- Willing to learn banking and cash-processing procedures
- Able to work effectively with supervisors and team members
Governance and Workplace Responsibilities
Employees will be expected to follow SBV Services’ quality-management standards and operational procedures. This includes supporting ISO 9001:2015 Quality Management Standards, complying with relevant governance requirements, protecting company assets, and following established cash-handling and security procedures.
The role also involves supporting organisational values and adapting to changes in processes and procedures when required.
Employment Details
This is a junior-level contract opportunity based in Durban, KwaZulu-Natal. The salary is market-related, and the position is not classified as an Employment Equity position.
The successful candidate will gain practical exposure to cash-processing operations and banking-related procedures while working in a controlled financial-services environment.
How to Apply
Applicants should ensure they meet all the eligibility requirements before applying, particularly the age requirement, Grade 12 qualification, unemployment status, and requirement not to have previously participated in the National Certificate: Banking programme.
Reference: DBNBLNOV2026
Location: Durban, KwaZulu-Natal
Date Posted: 28 September 2026
Closing Date: Not specified
Skhumbuzo Shandu is the founder of Careers With Shandu, a platform dedicated to helping South Africans access job opportunities, learnerships, and career development resources.
He focuses on sharing clear, practical, and up-to-date information to help matriculants, graduates, and job seekers navigate applications and build their careers.
Through his work, he aims to make opportunities easier to understand and accessible to everyone, especially young people entering the workforce.
