Cash Centre Manager



Job Title

Cash Centre Manager



Organization Name

Durban Cash Centre

Department Description

Currency Management Department

Brief Description

The purpose of this position is to manage the operations at the Durban Cash Centre of the South African Reserve Bank (SARB) to ensure availability and integrity of banknotes to the public.

Detailed Description

The successful candidate will be responsible for the following key performance areas:

Manage the application of policies, processes and procedures of the cash centre.
Make suggestions for refining the existing policies, processes, procedures and systems, thereby improving alignment with the requirements of the cash centre.
Plan and manage the regional demand for banknotes to ensure the availability thereof.
Manage the processing of banknotes to ensure acceptable quality of banknotes in circulation.
Manage the destruction of banknotes, in line with the minimum standards for recycling.
Take responsibility for the continuous improvement of workflow in order to manage and optimise the resources of the cash centre.
Collate and provide management information to the Divisional Head – Supply Chain Management for the purposes of decision making.
Identify and mitigate any risks related to the cash centre, and ensure compliance with the relevant governance framework.
Lead and manage internal and external stakeholder relationships at various levels to maintain and enhance the reputation of the SARB.
Chair the inter-banks forum for cash operations as well as the Joint Planning Committee for business continuity and security networks respectively.
Fulfil the line management function pertaining to the development and performance of the team.
Build and lead the team to ensure optimal operational efficiency.

Job Requirements

To be considered for this position, candidates must have:


a Bachelor€™s degree or an equivalent qualification; and
at least 8 to €“10 years of experience in a cash management environment, with at least three (3) years at management level.
Additional requirements include:


·       the ability to lead change;

·       the ability to establish focus;

·       drive for results;

·       promoting teamwork;

·       developing and growing others

·       effective communication;

·       building and maintaining relationships;

·       impact and influence;

·       analysing and problem-solving;

·       planning and organising;

·       judgement and decision-making;

·       conceptual thinking;

·       general management;

·       computer literacy;

·       project management;

·       risk management; and

·       knowledge of central banking

How To Apply

All interested parties are invited to apply.


Internal applicants MUST apply through the SARB™s ERP system.


External applicants MUST apply online, via


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Please follow these links: Work@SARB > Current vacancies.
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Do not enclose copies of your identity document or qualification(s) with your application.


Shortlisted applicants will undergo psychometric assessments, an appropriate reference check and a security clearance as part of the selection process.


The closing date for applications is 26 February 2021. Late applications will not be considered.


In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.


The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his or her competence and experience.





Ms Sarah Molomo

Senior Manager: Recruitment and Selection

Human Resources Department

South African Reserve Bank