Society cuts bank job (4)
I believe the answer is:
post
'job' is the definition.
(I know that post is a type of job)
'society cuts bank' is the wordplay.
'society' becomes 's' (common abbreviation in names of organisations).
'cuts' becomes 'pot' (I am not sure about this - if you are sure you should believe this answer much more).
'bank' is an insertion indicator (outside letters create limits or banks).
's' going into 'pot' is 'POST'.
Can you help me to learn more?
(Other definitions for post that I've seen before include "Stake; appointment" , "Stake, job or mail" , "Mail; wooden stake" , "Publicly display; send" , "Maybe letters" .)