SBV YES Learnership – Cash Processor | 2025 Intake

Location: Nelspruit, South Africa
Reference Number: YES2025NELCP
Company: SBV Services

Are you a young South African looking to kickstart your career in finance or cash processing? SBV Services is offering an exciting YES Learnership opportunity for a Cash Processor in Nelspruit as part of its 2025 program. If you’re looking for hands-on experience in a secure, fast-paced environment, this could be the perfect step into the working world.

Key Responsibilities: What You’ll Be Doing

As a Cash Processor Learnership participant, you will be trained and exposed to various key operational areas including:

1. Receiving and Preparing Cash

  • Receive and log customer deposits accurately.
  • Ensure bags and containers are undamaged and follow all verification procedures.
  • Prep workstation efficiently for note sorting and cash processing.

2. Note Sorting and Processing

  • Sort and process currency deposits according to the bank’s Service Level Agreements (SLAs).
  • Identify and report discrepancies to the Team Controller.
  • Reject counterfeit or damaged notes and prepare for reconciliation.
  • Complete daily balance sheets and ensure proper recording.

3. Reconciliation & End-of-Day Processes

  • Conduct accurate end-of-day cash reconciliation.
  • Manage note differences, shortages, or surpluses according to company SOPs.
  • Assist with desktop and bulk deposit processing.

4. Coin Processing

  • Process and sort bulk coin deposits.
  • Operate coin-counting machines, report issues, and balance per client.

5. Payroll and Bank Integration

  • Process payroll and change transactions on time.
  • Ensure accurate linking of account numbers and report errors.
  • Escalate delays or discrepancies promptly.

6. Prepacking & Treasury Support

  • Assist in packing and unpacking bank and ATM cash accurately.
  • Monitor and manage consumables and confirm seal numbers are properly logged.

Learnership Benefits

  • Practical Experience: Gain 6–12 months of hands-on work experience.
  • National Certificate: Opportunity to complete industry-recognised SBV Cash Processor Training.
  • Skills Development: Learn critical skills in finance, operations, and customer service.
  • Job Readiness: Get exposure to a high-security environment and operational standards in banking support.

Minimum Requirements

To qualify for this exciting YES Learnership opportunity in Nelspruit, applicants must meet the following:

  • Grade 12 / Matric with Mathematics Literacy
  • Must be between 18–35 years old
  • South African citizen
  • Unemployed and not studying full-time
  • Basic understanding or experience in cashier/teller roles is advantageous
  • Must have successfully completed or be willing to complete SBV Cash Processor Training

Soft Skills & Competencies

  • Attention to detail
  • Team player with good communication skills
  • Time management and reliability
  • Ability to work under pressure
  • Willingness to learn and grow within the organization

Why Join SBV Services?

SBV Services is a trusted leader in secure cash logistics and financial solutions. Through its YES Learnership Programme, the company is committed to youth development and empowerment by offering real work experience that boosts employability.

How to Apply

If you meet the requirements and are passionate about joining the financial services industry, don’t miss this opportunity.
Apply now using Reference Number: YES2025NELCP

Visit the SBV Careers page or contact your local branch for more information.

Start your career with purpose – apply for the SBV YES Learnership in Nelspruit today!

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