Description

Banking, insurance and other financial clerks compile, process and maintain banking, insurance and other financial information. They are employed by banks, credit companies, private and public insurance establishments, investment firms and other financial establishments throughout the private and public sectors.

Job Titles

• Bank clerk
• Brokerage clerk
• Credit assessment clerk
• Credit clerk
• Interest clerk
• Mortgage clerk
• Personal credit lines clerk

Main Duties

• Compile records of deposits, withdrawals, loan and mortgage payments, cheques and purchase, sale and exchange of securities
• Process loan and mortgage applications, loan and mortgage payments, retirement savings plan applications, term deposits, drafts and money orders
• Verify and balance automatic teller machine transactions and ledger entries, calculate service charges and interest payments and notify customers regarding account discrepancies and captured bank cards
• Answer enquiries and provide information on banking products, policies and services
• May sell drafts, money orders, travellers’ cheques and foreign currency, rent safety deposit boxes and open and close savings, chequing and other accounts.

Workplaces

• Banks
• Credit companies

Skills

• Near Vision
• Mathematical Reasoning
• Memorizing
• Numerical Ability
• Perceptual Speed

Abilities

• Near Vision
• Mathematical Reasoning
• Memorizing
• Numerical Ability
• Perceptual Speed

Personal Attributes

• Attention to Detail
• Adaptability
• Analytical Thinking
• Collaboration
• Concern for Others

Similar Occupations

• Supervisors, finance and insurance office workers (12011)
• Accounting technicians and bookkeepers (12200)
• Customer services representatives – financial institutions (64400)

Source: OaSIS