Occupation information for Tellers District Of Columbia

description

Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.

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details

Currently Employed: 800

Projected Annual Job Openings: 60

Typical Hourly Wage: $18.30 - $23.74

Typical Annual Salary: $38,060 - $49,380

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typical training

Typical education needed for entry: High school diploma or equivalent

Typical work experience needed for a job in this occupation: No work experience

Typical on-the-job training once you have a job in this occupation: Less than 1 month on-the-job training

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typical job duties
  • Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
  • Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
  • Monitor bank vaults to ensure cash balances are correct.
  • Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
  • 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.
  • Enter customers' transactions into computers to record transactions and issue computer-generated receipts.
  • 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.
  • Prepare and verify cashier's checks.
  • Resolve problems or discrepancies concerning customers' accounts.
  • Process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
tools & technology
Tools:
  • Alarm systems
  • Automatic teller machines ATMs
  • Check endorsing machines
  • Check writing machines
  • Multi function printers

Technology:
  • Accounting software
  • Data base user interface and query software
  • Electronic mail software
  • Enterprise resource planning ERP software
  • Word processing software