SBV YES Learnership 2025: Welcoming Candidates with Grade 12 Certificate

About SBV
With over 37 years of experience, SBV has built a reputation for delivering exceptional service in the cash management industry. As a trusted partner to the regulator, SBV is responsible for collecting and distributing new banknotes and coins across the country. Collaborating closely with its shareholder banks—ABSA, First Rand Investment Holdings, Standard Bank, and Nedbank—SBV ensures the seamless flow of cash within the financial ecosystem. Utilizing state-of-the-art technology in its 25 nationwide centers, SBV processes and counts cash with precision, supported by a fleet of over 600 armored vehicles. Every step of the cash lifecycle is managed with a commitment to safety, efficiency, and reliability.

SBV’s future is rooted in its dedication to customer satisfaction and the pursuit of excellence as the only standard. The organization emphasizes the importance of taking ownership, not only in delivering outstanding service but also in fostering lasting relationships with clients and attracting new business. At SBV, every contribution matters, and employees are encouraged to lead with accountability, showcase their expertise, and embrace the value of their actions. This collective effort drives SBV’s success and strengthens its position as a leader in the industry. SBV focuses on motivating, directing, and influencing employee behavior to achieve business goals, particularly during critical periods that ensure operational continuity.

About the SBV YES Learnership 2025
SBV is currently seeking for applicants who would like to obtain a YES learnership opportunity to better their abilities and skills in their respective career paths. The SBV YES Learnership is currently open for the field of Cash Processor. You will be required to deliver the following outputs:

• Accept deposits and accurately update records in the designated system
• Follow all company policies and procedures to minimize risks for both the business and customers
• Inspect containers and bags for any signs of damage or tampering, and immediately report any irregularities to the Team Controller
• Log the receipt of containers or bags into the system for tracking purposes
• Process all deposits in compliance with the bank’s Service Level Agreements (SLAs) and
• Standard Operating Procedures (SOPs) using the appropriate system
• Sort all prepared deposits and notes (FDP/ACDP) within the required cutoff times on the same day
• Forward rejected notes to the Reject Teller along with PCD cards, deposit slips, and stop-loss bags for verification and balancing
• Conduct a reconciliation of all rejected notes to confirm the accuracy of recorded information
• Manually inspect rejected notes for counterfeits, dye stains, or mutilation
• Examine containers and bags for any signs of tampering or damage, reporting any concerns to the Team Controller
• Confirm the receipt of containers or bags by registering them in the system
• Process bulk coin deposits in line with SBV’s established policies and procedures
• Sort and handle teller coin transfers efficiently
• Prepare a display board with the client’s name, date, denomination, and operator details, and present it to the camera for record-keeping.

Eligibility Criteria
If you’re interested in applying for the SBV YES Learnership, it’s important to meet certain eligibility requirements before sending in your application. These criteria play a key role in determining whether you’re a good fit for the program. To give yourself the best shot at being accepted, make sure you meet every requirement listed. Falling short on any of these could hurt your chances, so take the time to carefully review and ensure you meet all the conditions.

The SBV YES Learnership Eligibility Criteria are as follows:

• Gain at least six months of prior experience as a cashier or teller to strengthen your qualifications (advantageous)
• Obtain a Grade 12 certificate with Maths Literacy to meet the educational requirements
• Complete the SBV Cash Processor Training program to ensure competency in cash handling.

Application Instructions
Apply online (SBV YES Learnership 2025):

• Cash Processor – Nelspruit – Ref. No. YES CP

Please follow the application instructions below:

1. Access the website using Google Chrome for the best experience
2. Complete the application form with accurate and relevant details
3. Enter your responses in the appropriate fields provided
4. Ensure your personal information reflects your current situation
5. Review all details carefully for accuracy and truthfulness
6. By submitting your application, you consent to the selection committee using your personal information for registration purposes
7. Submit your application exclusively through the designated website
8. Please note that submissions via hand delivery or fax will not be accepted.

Closing Date
Application is available as long as it is not deleted on its official website.

Submit your application as early as possible to give yourself the best chance during the recruitment process. While early registration doesn’t guarantee success, it puts you in a stronger position when spots are being filled.

Make sure to stick to the application deadline, as late submissions won’t be accepted. Unfortunately, any applications received after the closing date won’t be considered.

Please note that SBV has the discretion to make appointments as they see fit, and all decisions by the selection committee are final.

Company Details

Physical Address:
SBV House, 17 8th Street, Corner of 11th
Avenue and 8th Street, Houghton

Fax Number: +27 11 283 2201

Email: [email protected]

Phone: +27 11 283 2000