Cash Processor

Vaultex UK Limited; Greater London; Hybrid; GBP 27,000 - 29,000; Full time

Benefits offered by this job

Company pension – auto-enrolled 4%/10%

Holiday allowance with option to buy

Group life assurance

Group income protection

VaulteXtra discounts

Employee Assistance Programme

Learning and Development opportunities

Performance-based yearly bonus

Volunteer day

Mentorship programmes

Peppy digital health platform

Digicare+ health checks

Virtual GP service

Mortgage advice

Job summary

Vaultex UK Limited is recruiting for a Cash Processing Operative at our Kings Cross, London site. The role involves accurate handling of incoming and outgoing cash consignments, meeting tight deadlines and following strict cash processing procedures.

You will work a 35-hour week, Monday to Friday, 06:45 to 14:15, and be integral to ensuring secure, accurate cash flows for our customers. A solid attention to detail and good numeracy are essential.

Qualifications

• Strong numeracy and accuracy to process cash correctly.
• Attention to detail in handling cash and paperwork.
• Health and safety awareness is essential.
• Good time keeping and attendance are required.

Responsibilities

• Achieve target performance on shift with accuracy and minimal errors.
• Comply with cash processing procedures and policies.
• Identify and report cash discrepancies to Team Leader/Supervisor.
• Process received and dispatched cash items per daily requirements.
• Balance cash counts at end of day.
• Ensure paperwork and vouchers are complete and correct.
• Wrap, strap, pack and weigh cash by denomination and type.
• Maintain a clean, safe work environment and follow security procedures.
• Support daily duties as assigned by Leadership team.

Skills

Numeracy

Detail oriented

Health and safety awareness

Time keeping

Job description

Who we are Vaultex are the UK’s leading cash processing company, with sites nationwide. When you join us, you are supporting businesses to run securely and more efficiently, and ensuring continued access to cash for the millions of people that depend on it. To find out more you can visit our website. Hours: Monday to Friday 06:45 to 14:15 - 35 hours per week Location: All Saints Triangle, Caledonian Road, Kings Cross, London, N1 9UT. Salary: £27,747 per annum Grade: CM10

Job purpose To accurately process incoming and outgoing cash consignments, adhering to the set customer deadlines and requirements, in a cost effective manner. Complying with all company procedures and policies, ensuring that Vaultex incur no loss and the customer is correctly credited for the cash deposited.

Main responsibilities

• Achieve required percentage of shift/team average performance notes per hour, errors, losses and service failures.
• Compliance with cash processing procedures.
• Identification of cash discrepancies and appropriate reporting to Team Leader/Supervisor.
• Process/prepare all allocated items as required by daily role including receipt and despatch.
• Amalgamation of cash counted to complete a daily balance.
• Ensure work is processed and reported to meet customer specific processing deadlines, checking that all paperwork/vouchers are present and correct.
• Accurately wrap, strap, band, pack and weigh all cash, by denomination and type.
• Other daily duties as delegated by the Leadership team.
• Maintain a clean and tidy work environment, adhering to the secure waste procedures and Health and Safety standards.
• Potential long periods of standing/sitting including manual handling.

Knowledge, skills and experience required

• Ability to meet individual targets/deadlines;
• Able to work in a fast paced environment;
• Health and safety awareness;
• Attention to detail;
• Good numeracy skills and numeric keyboard skills;
• Excellent time keeping and attendance;
• Adhering to the company core standards of behaviour and values.

What we offer you

• A generous company pension – auto-enrolled 4% employee 10% employer.
• Competitive holiday allowance with an option to purchase additional holidays (varies by grade).
• Group life assurance 4 x salary.
• Group income protection.
• VaulteXtra discounts on retailers, cycle to work, childcare vouchers, gym membership, cash back on purchase, eye tests and many more.
• Employee Assistance Programme – a free service should our employees require professional and impartial advice for legal advice and counselling.
• Robust Learning and Development team and opportunities for career progression.
• Performance based yearly bonus (grade dependant).
• One day paid volunteering opportunity each year.
• Mentorship programmes.
• Access to Peppy - a digital health platform providing support for healthcare in menopause, fertility, men's and women's health.
• Access to Aviva Digicare+ for annual health checks, nutritional consultations, mental health support, bereavement support and more.
• Access to Zurich's Virtual GP service.
• Charles Cameron - free access to independent mortgage advice.

Our culture Vaultex acknowledges every person’s right to feel valued, respected, and fairly rewarded for what they do. We foster a collaborative environment where everyone is encouraged to share their views and shape Vaultex’s future. We are proud to demonstrate our commitment to transparency and progress as a Work180 endorsed employer. Find out more about our company culture by watching this Video. We are committed to building a diverse, inclusive and authentic workplace where everyone is supported to be their best. If you're excited about any of our roles but you feel like you don't tick every single box - we still encourage you to apply. You may be the right fit for this role or other roles in our wider team! Vaultex UK Ltd is an equal opportunities employer and welcomes applications from all members of the community. We strongly encourage applications from those with disabilities, are culturally & linguistically diverse, are veterans and identify as LGBTQIA+. We value your lived experience and knowledge. If you require any reasonable adjustments throughout the recruitment process, please let us know.

We look forward to hearing from you! Vaultex are the UK’s leading cash management company, providing best in class management services for our customers and ensuring continued access to cash across the UK. Formed in 2007 as a joint venture between HSBC and Barclays, Vaultex is a world recognised leader for efficient cash services and the largest member of the Bank of England’s note circulation scheme. Meet our executive team here. Find out more about what we do and who we partner with here. Diversity & inclusion Vaultex champion a workplace where diverse backgrounds and perspectives are not just welcomed but deeply valued. We invest heavily in our people and their families, offering a range of competitive benefits designed to support physical, emotional, and financial well-being. From career development opportunities to enhanced workplace facilities, our goal is to ensure every teammate feels supported, respected, and empowered to thrive. Serving our communities We strive to positively impact the communities we operate in. Our focus on employability and social mobility has helped equip thousands of young and disadvantaged people with skills, equipment, or resources that enhance their future prospects. Our Culture Centred on openness, inclusivity, and exceptional service, we are committed to investing in talent and an engagement culture that gives all our people a voice. We have a long-standing relationship with Investors in People and the Living Wage Foundation and are Investors in People Platinum, held by only 2% of companies in the UK. Find out more about our ongoing commitment to sustainability, inclusivity and innovation in our ESG report.