SBV YES 4 Youth Programme 2026

If you are a young South African looking to gain valuable workplace experience in the cash and banking environment, the SBV YES 4 Youth Programme 2026 offers an excellent opportunity to build your skills, strengthen your CV, and kick-start your career in the financial services sector.

The programme forms part of the national Youth Employment Service (YES) initiative and is offered by SBV Services, a leading cash management and secure logistics company in South Africa.

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About the SBV YES 4 Youth Programme 2026

The SBV YES 4 Youth Programme (Cohort 5 MID) is designed to provide unemployed youth with hands-on experience in cash processing, deposit handling, reconciliation, and compliance within a secure and highly regulated environment.

Participants will gain practical exposure to:

• Cash receiving and deposit processing
• Note sorting and reconciliation
• Coin processing and balancing
• Bank-integrated deposit systems
• Payroll and change transactions
• Prepack and treasury functions
• Governance and quality management standards

This opportunity is ideal for candidates who want to grow in banking operations, cash management, and financial services administration.

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Key Responsibilities

Successful candidates will be involved in the following operational areas:

1. Cash Receiving and Deposit Processing

• Receive deposits and update applicable systems
• Prepare cash on the required system
• Check containers/bags for damage or tampering
• Report anomalies to the Team Controller
• Process deposits according to bank SLAs and SOPs
• Ensure all deposits are processed on the same day

Accuracy and strict compliance with company procedures are essential to eliminate risks to both the company and customers.

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2. Note Sorting and Reconciliation

• Sort notes within cut-off times
• Send rejected notes for verification and balancing
• Balance per deposit and report differences
• Complete production sheets
• Perform daily balancing and reconciliation
• Manually check rejected notes for counterfeits and dye-stained notes
• Handle end-of-day verification with Team Controller

This role requires attention to detail and a strong sense of accountability.

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3. Coin Processing

Participants will:

• Process bulk coin deposits according to SBV policies
• Verify seals, denominations, and bin registers
• Balance money per client or deposit
• Clear machine jams
• Perform end-of-day reconciliation

All discrepancies must be reported immediately to the Team Controller.

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4. Bank System Integrated Deposit Processing

• Validate system-linked transactions in line with bank SLAs
• Verify deposit account numbers to prevent misposts
• Escalate system downtime or delayed batches
• Inform client services of account issues

This ensures seamless crediting of customer accounts and prevents financial losses.

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5. Payroll and Change Transactions

• Process payroll and change transactions within SLA timeframes
• Report discrepancies timeously
• Seal floats in drop safe bags with packing slips
• Obtain bank authorization prior to dispatch

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6. Governance and Quality Compliance

Participants must:

• Align with SBV’s ISO 9001:2015 Quality Management Standards
• Support ESG initiatives and reporting
• Protect company assets by following Standard Operating Procedures (SOPs)
• Drive organizational culture and act as change ambassadors

This exposure provides strong foundational knowledge in compliance and corporate governance.

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Minimum Requirements

To apply for the SBV YES 4 Youth Programme 2026, candidates must meet the following requirements:

• Grade 12 (Matric) with Mathematics Literacy
• 6 months previous cashier or teller experience (advantageous)

Applicants should also demonstrate:

• High levels of integrity
• Strong numerical accuracy
• Ability to work under pressure
• Good communication skills
• Attention to detail

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How to Apply

Apply here online for SBV YES 4 Youth Programme 2026

Closing date: not specified