Cash Processor Contractor (Unemployed Banking Learnership) Cape Town

Direct Hire; Cape Town; On-site; ZAR 134,000 - 201,000; Part time

Job summary

Direct Hire seeks a Cash Processor Contractor in Cape Town CBD to handle deposits, reconcile cash and ensure adherence to bank SLAs and SOPs. The role involves preparing workstations for note counting, sorting deposits, balancing end-of-day bundles, and reporting discrepancies to the Team Controller.

Requires Grade 12 with Maths and no National Certificate Banking participation. The position focuses on processing cash, coin deposits, and bank system integrations, with emphasis on accuracy, risk

Qualifications

• Grade 12 with Maths is required.
• Not participated in National Certificate Banking is required.

Responsibilities

• Receive deposits and update on the applicable systems.
• Comply with policies and procedures to eliminate risks to the company and customer.
• Process deposits on the applicable system.
• Prepare workstation for note counting.
• Sort deposits/notes and balance with bank slips and controller verification.
• Perform reconcilations and checks for counterfeit or damaged notes.
• Process bulk coin deposits and teller coin transfers.
• Validate transactions linked to bank system integrations and inform client services of issues.

Education

Grade 12 with Maths

Not participated in National Certificate Banking

Job description

Cash Processor Contractor (Unemployed Banking Learnership) Cape Town (Cape Town CBD)

2026/09/28

Reference Number

CPTNBL1

Description

Receive Cash

• Receive deposits and update on the applicable systems.
• Comply with all policies and procedures to eliminate any possible risks to the company and the customer.

Prepare Cash on the applicable system

• Check container/Bag for any damages or interferences and report all anomalies to Team Controller.
• Acknowledge container/bag on applicable system.
• Process all deposits in line with the agreed upon banks SLAs and SOPs on the applicable system.
• Prep workstation accurately for effective and efficient note counting.

Note Sorting

• Sort all prepped deposits/notes for (FDP/ACDP) on the same day, within the cut off times.
• Send rejected notes to the Reject Teller together with the PCD cards, deposit slips and stop loss bag to verify and balance
• Operator to write a board (client name, date, denominations & number of bundles & operator name) & show it to the camera.
• Report differences to the Team Controller
• Fill the production sheet
• The technician to sign the downtime register on machine breakdowns
• End of day bundles to be verified by Team Controller.
• Daily balancing\reconciliation by Team controller

Reconciliation of ACDP deposits

• Perform a reconciliation of all notes rejected in order to validate the information
• Manually check all rejected notes for counterfeits, dye-stained and mutilated notes
• Perform cash transfers to vaults
• Perform end of day balancing/ reconciliation of all cash received

  Sachet and Process Coin

  • Process bulk coin deposits in accordance with SBV’s policies and Procedures
  • Sort and process teller coin transfers
  • Write a board (client name, date, denomination and the operator names) & show it to the camera
  • Receive and verify the money(bins), check the seal, denomination and bin register
  • Count out the bags to balance with the bin page and denomination
  • 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

  • Validate all transactions linked to system integrations as per banks SLA
  • Inform client services of account numbers not linked to bank system to avoid delays in crediting the customer
  • Verify deposit account number to eliminate losses or misposts
  • Escalate system downtime/delayed batches to team controller

  Payroll and change

  • Payroll / change transactions must be processed in accordance with SLA per customer
  • Report all discrepancies to the Team Controller timeously
  • Floats must be sealed in drop safe bags along with float packing slips and placed into trolleys as per client requirement
  • Payroll entries to be processed within the banks SLA timeframes
  • Maintain all equipment by reporting any defects on equipment to the Team Controller
  • Obtain banks authorization prior to despatching as per SOP

  Prepack/Treasury

  • Assist with the accurate packing and unpacking of Bank and ATM Cash.
  • Manage consumables in line with packing requirements.

  Manage Equipment

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

  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.
  • Support SBVs ESG journey, reporting on and managing the ESG requirements to ensure a positive reflection and outcome.

  Drive the organisation culture

  • Drive the department’s values while inspiring confidence and generating excitement, enthusiasm and commitment towards the mission.

  Lead as an Ambassador and executor of Change

  • Act as a change management architect in periods of change to ensure business continuity.
  • Manage the integration of business units into a seamless end to end solution for customers.
  • Effectively communicate and embed new processes and procedures as they occur, addressing or escalating matters/ concerns to the SME’s (subject matter experts) when required.
  • Facilitate the necessary presentations, workshops, or forums to ensure consistent and accurate communication is given across one’s portfolio.

  Requirements

  • Grade 12 with Math's
  • Not participated in National Certificate Banking