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Position Title: Vault Custodian

Country: Malawi
Work Location: Central Region
Work Location: Central Region, Central Region, Malawi
Openings: 2
Department:
Work Mode: Hybrid
Shift: Any
Job Type: (Unknown)
Experience Range: 2 - 3 Yrs.
Preferred Industry:
Qualification Required:
Salary: MWK 0
Key Skills:
Functional Area: Cash Solutions

Job Introduction:

Key Responsibilities

1. Access Control & Physical Security Integrity

  • Enforce "Dual Control" protocols, ensuring no single person has unescorted access to the vault.

  • Identity Authentication: Verify the clearance level of all personnel and CIT crews using biometric or documentary evidence before granting entry.

  • System Monitoring: Ensure all vault mechanical locks, electronic codes, and alarm sensors are functional; report any security vulnerabilities immediately.

 

2. Inventory Management & Audit Compliance

  • Meticulous Record Keeping: Maintain real-time ledgers of all movements (deposits, withdrawals, and transit shifts).

  • Discrepancy Detection: Conduct daily physical "wall-to-wall" counts of all cash boxes, bullion, and valuables to reconcile against the system balance.

  • Audit Trail Management: Ensure all "Waybills" and "Seal Numbers" are archived and retrievable for snap audits by G4S Risk or external banking partners.

 

3. Deposit & Withdrawal Processing

  • Inward Verification: Receive and inspect all incoming bags/containers for seal integrity and accurate documentation.

  • Outward Dispatch: Process withdrawal requests only upon receipt of authenticated "Authorization to Release" documents.

  • Asset Handling: Organize vault space to ensure the "First-In, First-Out" (FIFO) principle is applied where necessary and to prevent damage to assets.

4. Daily Reporting & Reconciliation

  • Financial Reporting: Generate end-of-day (EOD) reports summarizing vault holdings and transaction volumes for  Management.

  • Zero-Variance Goal: Investigate and resolve any reconciliation errors before the close of business.

Candidate Requirements

1. Academic & Professional Qualifications

  • Primary Qualification: A Diploma or Degree in Accounting, Finance, Banking, or Business Administration. (A strong foundation in bookkeeping is essential).

  • Professional certification in Risk Management or Security Management is an added advantage.

  • At least 3 years of relevant professional experience.

2. Technical & Behavioral Competencies

  • Exceptional command of arithmetic and the ability to handle high-volume currency counting without error.

  • High proficiency in Microsoft Excel or Google Workspace for digital record-keeping and reporting.

  • Ability to detect forged signatures, tampered seals, or inconsistent documentation at a glance.

  • Must demonstrate "Sober Habits" and the ability to maintain 100% confidentiality regarding vault protocols.

3. Operational Demands

  • Ability to handle and move heavy cash boxes and equipment when required.

  • Absolute willingness to work extended shifts, and public holidays to meet the banking sector's operational timelines.


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About G4S

G4S is part of Allied Universal®, a leading security and facility services company that provides proactive security services and cutting-edge smart technology to deliver tailored, integrated security solutions that allow clients to focus on their core business. Through a global workforce of approximately 800,000 people, we leverage best practices in communities all over the world. With revenues at approximately $20 billion, we are supported by efficient processes and systems that can only come with scale to help deliver our promise locally: keeping people safe so our communities can thrive.

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