Will “Universal Banker” be Replaced By Robots? 🤔
99% Chance of Automation
“Universal Banker” will certainly be replaced by robots.
This job is ranked #693 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
- The SOC (Standard Occupational Classification) code is 43-4141.00
- The Mean Annual Wage in the U.S. is $ 36,480.00
- The Mean Hourly Wage is $ 17.00
- Currently, there are 41,630 people on this job
☝️ Information based on the reference occupation “New Accounts Clerks”.
Also Known As…
- New Accounts Clerks
- Retail Service Representative
- Retail Banker
- Relationship Manager
- Personal Banker
- New Accounts Representative
- Member Service Representative
- Loan Processor
- Financial Services Representative
- Customer Service Representative
- Administrative Assistant
- Savings Counselor
- Sales Specialist
- Safe Deposit Box Rental Clerk
- Retail Personal Banker
- Relationship Banker
- Personal Banking Representative
- Personal Banking Assistant
- New Client Banking Services Clerk
- New Accounts Banking Representative
- Financial Services Counselor
- Financial Service Representative
- Customer Service Specialist
- Customer Service Officer
- Consumer Banker
- Banking Services Clerk
- Bank Representative
- Application Processor
Tasks for “Universal Banker”
- Perform foreign currency transactions and sell traveler's checks.
- Investigate and correct errors upon customers' request, according to customer and bank records.
- Issue initial and replacement safe-deposit keys to customers, and admit customers to vaults.
- Process loan applications.
- Inform customers of procedures for applying for services, such as ATM cards, direct deposit of checks, and certificates of deposit.
- Obtain credit records from reporting agencies.
- Compile information about new accounts, enter account information into computers, and file related forms or other documents.
- Answer customers' questions and explain available services, such as deposit accounts, bonds, and securities.
- Perform teller duties as required.
- Schedule repairs for locks on safe-deposit boxes.
- Refer customers to appropriate bank personnel to meet their financial needs.
- Execute wire transfers of funds.
- Duplicate records for distribution to branch offices.
- Collect and record customer deposits and fees and issue receipts, using computers.
- Interview customers to obtain information needed for opening accounts or renting safe-deposit boxes.
Related Technology & Tools
- Personal computers
- 10-key calculators
- Teller terminals
- IBM Lotus Notes
- Microsoft Office
- Microsoft Internet Explorer
- Email software
- Data entry software
- IPS-Sendero Relationship Profitability Manager Catalyst
- Corporate Information Factory CIF
- Microsoft SharePoint
- Systems Union Group MIS DecisionWare
- Harland Financial Solutions DepositPro
- Financial needs analysis software
- Microsoft Word
- Microsoft Excel
- Web browser software
- Microsoft PowerPoint
- DCI iCore