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Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
 Technology used in this occupation:
 
  • Accounting software
  •  Tasks
     
  • Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
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  • Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
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  • Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
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  • Examine checks for endorsements and to verify other information, such as dates, bank names, identification of the persons receiving payments, and the legality of the documents.
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  • Enter customers' transactions into computers to record transactions and issue computer-generated receipts.
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  • Count currency, coins, and checks received, by hand or using currency-counting machine, to prepare them for deposit or shipment to branch banks or the Federal Reserve Bank.
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  • Identify transaction mistakes when debits and credits do not balance.
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  • Prepare and verify cashier's checks.
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  • Arrange monies received in cash boxes and coin dispensers according to denomination.
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  • Process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
  •  Skills
     
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
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  • Speaking - Talking to others to convey information effectively.
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  • Mathematics - Using mathematics to solve problems.
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  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
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  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
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  • Service Orientation - Actively looking for ways to help people.
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  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
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  • Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
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  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
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  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  •  Knowledge
     
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
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  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
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  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
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  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
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  • Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
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  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
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  • Public Safety and Security - Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
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  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
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  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  •  Search for Jobs on Connecticut's Labor Exchange (CTJOBcentral)
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     Education & Training
      Education:   These occupations usually require a high school diploma.
      Related Experience:   Some previous work-related skill, knowledge, or experience is usually needed. For example, a teller would benefit from experience working directly with the public.
      View Related Programs on Connecticut's Education & Training ConneCTion site.
     Browse Through a List of Businesses That Employ People With Your Same Skills
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     Wage Information
     
    Region Average Entry Level  Mid-Range 
    Annual  Hourly 
    Statewide $45,936.00 $22.09  $18.16  $18.97 - $23.26 
    Bridgeport/Stamford $48,484.00 $23.30  $19.43  $19.93 - $23.68 
    Danbury $44,430.00 $21.36  $18.00  $18.56 - $22.62 
    Hartford $44,760.00 $21.52  $17.73  $18.44 - $22.33 
    New Haven $45,606.00 $21.93  $18.94  $19.48 - $23.25 
    New London/Norwich $43,326.00 $20.83  $17.33  $18.08 - $22.09 
    Waterbury $43,543.00 $20.94  $17.71  $18.32 - $22.40 
    Torrington $43,677.00 $21.00  $17.27  $17.98 - $22.23 
     Occupation Outlook ( 2016 - 2026 )
    Average Annual Job Openings:   243
      Employment in this occupation is expected to grow more slowly than average, and the number of annual openings will offer limited job opportunities.
    ONET Resource Center Some of the occupational information on this page is formulated from O*NETTM v17.0 data. O*NETTM is a trademark of the U.S. Department of Labor, Employment and Training Administration.
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