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  • Posted: Mar 2, 2026
    Deadline: Not specified
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  • The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    (1503) Cash Centre Manager - Durban

    Detailed description

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

    • Provide strategic and operational direction to the cash centre team, in line with the strategic objectives of the Currency Management Department.
    • Oversee the application of cash centre policies, processes and procedures.
    • Recommend improvements to existing policies, processes, procedures and systems for better alignment with cash centre requirements.
    • Plan and manage regional demand for banknotes to ensure adequate availability. 
    • Supervise the processing of banknotes to maintain quality standards of notes in circulation.
    • Oversee the destruction of banknotes in accordance with recycling standards.
    • Promote continuous workflow improvement to optimise cash centre resources. 
    • Compile and present management information to the Divisional Head: Supply Chain Management for informed decision-making.
    • Identify and mitigate any risks related to the cash centre and ensure compliance with the relevant governance frameworks.
    • Lead and manage stakeholder relationships, both internal and external, to uphold the reputation of the SARB. 
    • Chair the Inter-banks Forums for Cash Operations and the Joint Planning Committee for business continuity and security networks.
    • Oversee the development and performance of the team as part of line management duties.
    • Build and lead a high-performance team to ensure operational efficiency.

    Qualifications

    To be considered for this position, candidates must have: 

    • a Bachelor’s degree in Commerce or Business Administration, or an equivalent qualification; and
    • eight to 10 years’ experience in a cash management environment, with at least three years at management level.

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