SBV: YES4Youth Opportunity Cash Processor

Company: SBV Services
Location: Kempton Park, Gauteng
Job Type: Internship
Duration: 12 months contract
Closing Date: Not Specified

Programme Overview

The program is part of the YES4Youth project, which aims to empower young people with skills, job experience, and better employment chances.

Minimum Requirements:

  • Grade 12 with Math Literacy or Maths.
  • 6 months of previous cashier/teller experience (advantageous).

Key Responsibilities:

Receive cash.

  • Receive deposits and update the appropriate systems.
  • Follow all rules and processes to eliminate any potential dangers to the organization and its customers.

Prepare cash in the suitable system.

  • Check the container/bag for any damage or interference, and report any abnormalities to the Team Controller.
  • Recognize the container/bag on the suitable system.
  • Process all deposits in accordance with the agreed-upon banks’ SLAs and SOPs on the appropriate system.
  • Prepare the workstation precisely to ensure successful and efficient note counting.

Note Sorting

  • Sort all prepared deposits/notes for (FDP/ACDP) on the same day, within the deadlines.
  • Send rejected notes to the Reject Teller, along with the PCD cards, deposit papers, and stop loss bag, for verification and balance

Deposits from the ACDP are being reconciled.

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

Desktop deposit processing.

  • Check the container/bag for damage or tampering, and report any abnormalities to the Team Controller.
  • Recognize the container/bag on the suitable system.
  • All deposits must be kept separate for each client at all times, and they must be processed on the same day they are received.
  • All deposits must be processed and balanced using the suitable system.
  • Perform end-of-day balance and reconciliation of all monies received.
  • ALL transactions, including shortages and surpluses, must be managed according to SOPS.
  • Accurate preparing is required to enable successful and efficient note counting.

Sachet and Process Coin

  • Process bulk coin deposits according to SBV’s rules and procedures.
  • Sort and process the teller coin transfers.

Bank system integrated deposit processing.

  • Validate all transactions tied to system integrations as per the bank’s SLA.
  • Inform client services about account numbers that are not linked to the bank system to minimize delays in crediting the customer.
  • Verify the 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 inconsistencies to the Team Controller in a timely manner.
  • Floats must be sealed in drop safe bags, together with float packing papers, and placed onto trolleys as required by the customer.
  • Payroll entries will be handled within the banks’ SLA periods.
  • Maintain all equipment by reporting any problems in equipment to the Team Controller.
  • Obtain bank authorization before shipping, as per SOP.

Prepack/Treasury

  • Assist with the correct packaging and unpacking of bank and ATM cash.
  • Manage consumables in accordance with packaging regulations.
  • Confirm that the bag and seal numbers are correctly recorded.

Manage equipment.

  • Use equipment in accordance with Standard Operating Procedures (SOPS) to preserve and maintain corporate assets.