South African learners and job seekers have an excellent opportunity to gain valuable work experience with SBV through its YES Learnership program. These learnerships, based in Midrand and Vaal, provide a structured pathway for young individuals to develop practical skills in cash processing and distribution control. SBV is a leading cash solutions provider in South Africa, ensuring the secure movement and processing of money across various industries.
Both positions require applicants to be unemployed, have Grade 12 qualifications, and not have participated in the YES Program before. These learnerships offer a 9 to 12-month contract, providing hands-on experience and valuable industry knowledge.
YES Learnership: Distribution Controller (Midrand)
The Distribution Controller YES Learnership in Midrand is designed for individuals interested in monitoring the loading, transportation, and off-loading of cash, specifically sachet coins in fixed denominations. Learners in this role will gain experience in:
Key Responsibilities
- Loading of Specie (Cash Coins)
- Collecting essential documentation, such as ID, SBV laser card, and run schedules.
- Ensuring proper loading and balancing of vehicles.
- Verifying the integrity of specie bags, ensuring they are sealed and undamaged.
- Applying dual control procedures when handling cash.
- Servicing Bank Branches
- Transporting specie using trolleys.
- Following bank SOPs when entering bank branches.
- Handling transactions as per run schedules.
- Maintaining dual control processes with bank officials.
- Offloading and Storage
- Following dual control processes when offloading vehicles.
- Securing run cash in storage areas.
- Recording feedback after a completed run.
- Processing Operations
- Counting and verifying cash in specie bins.
- Assisting in the retail and vault operations.
- Ensuring compliance with ISO 9001:2015 Quality Management Standards.
- Change Management & Organizational Culture
- Acting as an ambassador of change within the organization.
- Effectively communicating new processes and procedures.
- Ensuring seamless integration of business units.
Minimum Requirements
- Grade 12 certificate
- No criminal record
- Unemployed and not currently on a learnership
- Must not have participated in the YES Program previously
YES Learnership: Cash Processor (Vaal)
The Cash Processor YES Learnership in Vaal is ideal for individuals looking to develop expertise in cash processing and secure financial transactions. This role involves handling, sorting, and verifying cash while maintaining strict compliance with SBV’s Standard Operating Procedures (SOPs).
Key Responsibilities
- Receiving and Preparing Cash
- Collecting deposits and updating systems.
- Checking for tampered bags and reporting discrepancies.
- Ensuring cash is prepared and sorted correctly.
- Note Sorting and Reconciliation
- Sorting notes based on financial guidelines.
- Identifying and handling rejected, counterfeit, or dye-stained notes.
- Performing cash reconciliation and end-of-day balancing.
- Processing Deposits
- Verifying account numbers and transaction details.
- Escalating system downtimes and issues.
- Handling payroll and change transactions efficiently.
- Handling Coin Processing
- Sorting and processing bulk coin deposits.
- Managing teller coin transfers.
- Using machines for coin counting and verification.
- Governance and Quality Standards
- Aligning with ISO 9001:2015 Quality Management Standards.
- Ensuring SBV ESG compliance for sustainability.
- Contributing to the company’s change management efforts.
Minimum Requirements
- Grade 12 with Maths Literacy
- 6 months of previous cashier/teller experience (advantageous)
- No criminal record
- Successfully completed SBV Cash Processor training
- Unemployed and not currently on a learnership
- Must not have participated in the YES Program previously
Why Join the YES Learnership at SBV?
SBV offers an excellent opportunity for young job seekers to gain real-world experience in the cash solutions industry. The YES Learnership is a gateway to long-term employment opportunities in banking, financial services, and security industries.
This program provides:
- Structured work experience
- Practical training and mentorship
- Potential career growth in financial services
- A market-related stipend
The YES Learnership program at SBV provides a valuable opportunity for unemployed South Africans to gain hands-on experience in cash processing and distribution control. These Midrand and Vaal-based learnerships equip participants with practical skills, industry knowledge, and exposure to a professional work environment.
Applicants are encouraged to apply as soon as possible, as shortlisted candidates will be contacted for interviews.
Check also: Umfolozi Sugar Mill Learnership Programme 2025
