What Do New Accounts Clerks Do: Job Description, Responsibilities and Duties

Stanley TanLeave a Comment



daily life of a New Accounts Clerk
are New Accounts Clerks happy with their job

New Accounts Clerks

Other names for this job might include Administrative Assistant, Application Processor, Bank Representative, Banking Services Clerk, Consumer Banker, Customer Service Officer, Customer Service Representative, Customer Service Specialist, Financial Service Representative, Financial Services Counselor


  • $35820
    Salary
  • 66%
    Job satisfaction
  • Easy
    Becoming one
  • Bad
    Job growth
OwlGuru Rank

C



Being A New Accounts Clerk: What You Really Do


In this job description guide, you will find out what do New Accounts Clerks do and what is their typical work day like.

After reading this, you will have a much better idea on whether you will like working as a New Accounts Clerk or not.



Job summary

New Accounts Clerks interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.

We asked New Accounts Clerks how satisfied they are with their job. Here is what they said.

Job satisfaction

66%

How meaningful is this job

48%


66% of them said they were satisfied with their job and 48% said they find that their job makes the world a better place or helps to make someone else’s life better.



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Typical day

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On a daily basis, New Accounts Clerks Answer customers’ questions, and explain available services such as deposit accounts, bonds, and securities. They Compile information about new accounts, enter account information into computers, and file related forms or other documents.

1 of the main responsibilities as A New Accounts Clerk is to Refer customers to appropriate bank personnel to meet their financial needs.

Some may also Interview customers to obtain information needed for opening accounts or renting safe-deposit boxes.

In a normal work day, another thing that New Accounts Clerks do is they Inform customers of procedures for applying for services such as ATM cards, direct deposit of checks, and certificates of deposit.

In addition to that, they Collect and record customer deposits and fees, and issue receipts using computers..

A typical day for A New Accounts Clerk look like this:

Discuss goods or services information with customers or patrons.
Compile data or documentation.
Enter information into databases or software programs.
Type documents.
Refer customers to appropriate personnel.

We asked some New Accounts Clerks a few questions to find out what else does their work day look like. Here is what we found.

Do you have telephone conversations everyday in this job?100% said yes
Do you have to use email everyday in this job?87% said yes
How important is it to work in a team in this job?44% said very important
Do you have group discussions everyday in this job?87% said yes
Do you have to meet strict deadlines everyday in this job?44% said yes
Do you talk or work with customers everyday in this job?68% said yes
Do you have to deal with angry customers everyday in this job?35% said yes
Do you have to make decisions everyday in this job?80% said yes



Other responsibilities

Besides the “typical day” things that New Accounts Clerks do, they Obtain credit records from reporting agencies. They might also Execute wire transfers of funds.

On a weekly to monthly basis, New Accounts Clerks Issue initial and replacement safe-deposit keys to customers, and admit customers to vaults. and Perform foreign currency transactions and sell traveler’s checks.

A typical week or month for them might include:

Obtain personal or financial information about customers or applicants.
Execute sales or other financial transactions.
Distribute materials to employees or customers.
Sell products or services.
Execute sales or other financial transactions.



Working life

Working hours

Less than 40 hours per week

Working schedule

Regular (Set schedule and routine)


In a typical work week as A New Accounts Clerk, you can expect to work Less than 40 hours per week.

Do New Accounts Clerks work in an office-style work environment?

Everyday
99.52%

Once a week
0%

Once a month
0%

Once a year
0%

Never
0.48%

Do New Accounts Clerks work in a warehouse-style work environment?

Everyday
0%

Once a week
0%

Once a month
0%

Once a year
32.36%

Never
67.64%

Do New Accounts Clerks work outdoors?

Everyday
0%

Once a week
2.87%

Once a month
0%

Once a year
0.24%

Never
96.89%



Is this right for me

Best personality for this career

The Organizers and The Persuaders


You can read more about these career personality types here.

You will like this career if you are someone who likes following set procedures and routines. They like working with data and details more than with ideas.

You also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



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Rank: D
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Rank: C+
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They process applications for, changes to, reinstatement of, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party’s specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
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Salary: $22180

They accommodate hotel, motel, and resort patrons by registering and assigning rooms to guests, issuing room keys or cards, transmitting and receiving messages, keeping records of occupied rooms and guests’ accounts, making and confirming reservations, and presenting statements to and collecting payments from departing guests.






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Career type

Office and Administration
Administrative and Information Support
Banking and Related Services

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Job Description (You are here)
Salary
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Related to New Accounts Clerks Job Description

New Accounts Clerks job description, what do New Accounts Clerks do, typical day for New Accounts Clerks, what is it like to work as a New Accounts Clerk, how many hours do New Accounts Clerks work, day to day work of a New Accounts Clerk

Additional resources

http://www.bls.gov/OOH/office-and-administrative-support/financial-clerks.htm
http://www.aba.com/
https://www.mba.org/

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New Accounts Clerks
Written by: Stanley Tan
New Accounts Clerks interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
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