Starting your Career as a Bank Clerk

The working of a bank may appear simple, but it depends on many small aspects which combine well to form the line of working. From managers to tellers, from cashiers to clerks, each link has its key functions. One such important part of the process of banking is the functioning of the clerks. A bank clerk’s expertise is the process of book-keeping. Bookkeeping literally means keeping records systematically. A bank may require the services of many bank clerks simultaneously.

There are many types of bank clerks, each specializing in a particular field of banking. Some common types of clerks are as follows:
New account clerks ( opening, closing new accounts and helping customers)
Interest clerks (recording interests)
Exchange clerks ( working with foreign exchange, international accounts mostly)
Loan clerks (handling loan related aspects)
Statement clerks (handling monthly balance sheets)

There are many other clerks who work in modern establishments and perform other miscellaneous work, apart from handling many of the above aspects. Many small to medium sized establishments have bank clerks performing all the specializations. Some other roles and responsibilities include performing tasks of data entry keyers, mail handlers, file clerks etc.

Educational Aspects

A high school education with key subjects like accounts, business math or bookkeeping form the basic requirement to start as a bank clerk. Once an individual starts working as a clerk, if he or she manages to extend education via an online degree or continuing education concepts, the growth and salary aspects change for the better. Check a university directory for latest developments in this segment.

Employment Aspects

All types of banks, be it a local bank or a multi-national foreign exchange bank, each establishment requires services of bank clerks. The employment outlook is decent with the median salary as average. The initial phase of employment is mostly training (getting a hands-on experience).

Career Growth

Bank clerks can move on to become tellers, supervisors etc. The only problem is that clerk jobs are decreasing with increased atomization.

Lastly, the banking sector offers excellent working conditions, but bank clerks and other officers may be required to extend hours in the wake of month end and year end closings.