Will “New Accounts Representative” be Replaced By Robots? 🤔
99% Chance of Automation
“New Accounts Representative” 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
- Member Service Representative
- Loan Processor
- Financial Services Representative
- Customer Service Representative
- Administrative Assistant
- Universal Banker
- 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 Representative
- 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 “New Accounts Representative”
- Compile information about new accounts, enter account information into computers, and file related forms or other documents.
- Process loan applications.
- Interview customers to obtain information needed for opening accounts or renting safe-deposit boxes.
- Collect and record customer deposits and fees and issue receipts, using computers.
- Execute wire transfers of funds.
- Inform customers of procedures for applying for services, such as ATM cards, direct deposit of checks, and certificates of deposit.
- Perform teller duties as required.
- Answer customers' questions and explain available services, such as deposit accounts, bonds, and securities.
- Refer customers to appropriate bank personnel to meet their financial needs.
- Duplicate records for distribution to branch offices.
- Investigate and correct errors upon customers' request, according to customer and bank records.
- Perform foreign currency transactions and sell traveler's checks.
- Issue initial and replacement safe-deposit keys to customers, and admit customers to vaults.
- Obtain credit records from reporting agencies.
- Schedule repairs for locks on safe-deposit boxes.
Related Technology & Tools
- Personal computers
- 10-key calculators
- Teller terminals
- IBM Lotus Notes
- Financial needs analysis software
- DCI iCore
- Microsoft SharePoint
- Data entry software
- Systems Union Group MIS DecisionWare
- Microsoft Word
- Microsoft Office
- Web browser software
- Corporate Information Factory CIF
- Microsoft Excel
- Harland Financial Solutions DepositPro
- IPS-Sendero Relationship Profitability Manager Catalyst
- Email software
- Microsoft Internet Explorer
- Microsoft PowerPoint