Vaultex

Vaultex

UK cash processing and management

Cash Processor

Full-TimePosted on 9/29/2026Deadline 10/29/26
£27.7k/yr

+ £6,133 shift allowance

Entry
London, UK
In Person

About the job

Requirements
  • Ability to meet assigned targets and deadlines and work in a fast-paced environment.
  • Ability to handle physical tasks, including lifting and moving cash bags.
  • Ability to stand for potentially long periods.
  • Health and safety awareness.
  • Good attention to detail.
  • Strong numeracy and numeric keyboard skills.
  • Reliable timekeeping and attendance.
  • Successful candidates must provide a five-year traceable work history, supported by satisfactory employment references or evidence explaining employment gaps.
  • Successful candidates must complete criminal record and credit background checks.
Responsibilities
  • Accurately process incoming and outgoing cash assignments in accordance with customer deadlines and requirements.
  • Identify cash discrepancies and report them appropriately.
  • Process or prepare allocated items, including automated teller machine (ATM) cassettes, and handle their receipt and dispatch as required by daily duties.
  • Amalgamate counted cash to complete a daily balance.
  • Wrap, strap, band, pack, and weigh cash by denomination and type.
  • Comply with company policies and regulatory requirements.
  • Perform other daily duties delegated by the leadership team.

About the company

Vaultex is a United Kingdom cash-management company owned jointly by HSBC and Barclays. The company counts, verifies, stores, redistributes, and settles physical cash for financial and commercial customers. It serves banks, retailers, cash carriers, and organizations that rely on physical currency operations. Its operating model centers on secure processing centers supported by logistics, engineering, technology, risk, and control functions. Teams work across cash operations, engineering, technology, security, risk, finance, maintenance, and management.

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2007

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Simplify's Take

What believers are saying

  • The March 2026 Kilmarnock NCS go-live should lift efficiency and lower risk.
  • Virtual Cash Centre cut 28,000 vehicle miles and 35 tonnes emissions annually by 2026.
  • Vaultex's 2024 Solar Learning Lab partnership strengthens brand with ESG-minded clients.

What critics are saying

  • Cash volumes keep falling, forcing Vaultex to right-size Technology and Change after 2025.
  • Mastercard's Vocalink control and UK payments digitization pressure Vaultex's long-term cash franchise.
  • If UK cash usage declines faster, Vaultex's core processing network becomes structurally redundant.

What makes Vaultex unique

  • Vaultex is a UK-leading cash management provider with six active VCC sites, 2025.
  • Its 2025 NCS application for Kilmarnock reduced risk and improved operations.
  • Vaultex Consulting sells cash-strategy expertise to banks, retailers, and central banks.

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Benefits

Life Insurance

Disability Insurance

Paid Holidays

Employee Discounts

Mental Health Support

Performance Bonus

Mentorship Program

Training Programs

Company News

Vaultex
Dec 12th, 2023
Vaultex help fund Solar Learning Lab in South Africa

Vaultex has partnered with Utelize to support Computer Aid's Solar Learning Labs programme - an initiative that brings technology hubs to communities in remote areas around the world.

Vaultex
Dec 4th, 2023
Vaultex wins Good Business Pays' prestigious Fast Payer Award 2023

This week, Vaultex UK Limited were thrilled to have been awarded Good Business Pays' prestigious Fast Payer Award for 2023.