Bank Teller

Becoming a Bank Teller
Bank Teller Job Description
Bank Teller Skills
Annual Salary of Bank Tellers
Noted Bank Telling Professionals
Professional Bank Telling Organizations
Top Locations for Bank Tellers
Other Careers of Interest

How can I become a Bank Teller?

Certification with the American Institute of Banking (AIB) is the usual route for many prospective tellers entering this profession. The AIB Bank Teller Certificate covers topics relevant to today's banking procedures: the state of the current market, business etiquette and ethics, customer service, relationship banking and working with coworkers.

After passing the exam, a teller must obtain a reference letter vouching his/her qualifications for certification from a supervisor (in a senor managerial role) at their place of employment. After becoming certified a teller must maintain their credentials every three years by taking continuous education courses.

Bank tellers receive on-the-job training under the guidance of a supervisor or other senior worker that minimally lasts for a six month duration. New employees learn company procedures along with being trained in specific computer software. Bank tellers simultaneously are trained and take courses towards their certification while employed with their bank firm.

Individuals must hold a high school diploma to qualify for most positions, but some employers do require a bachelor's degree to become employed with their firm. An advanced degree in a related field such as accounting, business administration, economics or finance banking is usually advantageous when trying to move up the corporate ladder. Many graduates use this position as a stepping-stone towards being promoted to a managerial position within a particular company.

What are the duties and responsibilities of a Bank Teller?

Bank tellers literally represent the face of a bank to the public. Tellers are the individuals that customers associate with their bank--in most cases, serving as the reason to continue banking with a particular firm.

Most teller positions are held in commercial banks, savings institutions, or credit unions. One of the main responsibilities of a bank teller is to count money quickly and accurately. Tellers enter data into a computer, handle cash, and keep track of financial transactions.

Each teller has a window or booth where they are assigned their own cash drawer. At the end of each business day a teller will count out their drawer to ensure that their monies accurately match their transaction records.

A bank teller's job description holds numerous responsibilities that are eclectic and varied, dealing primarily with public interaction: tellers may process mail transactions; sell savings bonds; accept payment for a customer's utility bills or charge cards; process necessary paperwork for certificates of deposit; and, sell travelers checks.

A typical work day may entail accepting cash or checks for deposit and loan payments; processing withdrawals; cashing checks; issuing funds that include money orders; and, lastly, handling transactions related to savings accounts.

A bank teller is trained to promote services offered by their banking firm, such as loans, retirement accounts, and insurance. Tellers will also provide access to safe deposit boxes if their firm offers this particular service. Bank tellers may specialize in handling foreign currencies, corroborate deposits and payments to automated teller machines (ATMs), or oversee commercial and business accounts.

A bank teller may be asked to work evenings and weekends to accommodate extended bank hours, but, a typical schedule is based around normal business hours.

This profession allows for both full time and part time work, with most professionals working a standard forty hour work week.

What are the skills and aptitudes needed to become a Bank Teller?

An individual who has prior work experience in an office environment or in customer service, particularly with cash-handling, are qualities many bank firms look for when hiring new employees.

They are expected to be a team player and in some regions may need to pass a law enforcement background check before being hired.

Tellers need to enjoy public contact. This is a customer service-oriented industry that requires a professional demeanor: Tellers are expected to be discreet and trustworthy due to dealing with confidential material. Individuals in this field need to possess expert organization skills, along with being extremely attentive and methodical to avoid making errors and to recognize errors made by others. Bank tellers must possess a strong aptitude for numbers and feel comfortable handling large amounts of money.

Being a teller requires paying great attention to detail. Each transaction or service rendered requires specific authorization for a bank teller to process.

Proficiency in both word processing and spreadsheet software is mandatory for bank tellers to possess. In most banks, tellers use computer terminals to record deposits and withdrawals. These terminals allow for quick access to detailed information on customer accounts. Tellers can use this information to tailor the bank's services to fit a customer's needs or to recommend an appropriate bank product.

What could I earn as a Bank Teller?

Income for bank tellers varies greatly due to company, location, industry, experience and benefits. The median annual earnings compiled in May 2006 was $22,140.00.

Bank tellers can advance in this profession by taking on more job duties and being promoted to supervisory positions within the company. Savvy professionals who acquire additional skills, experience, and training improve their advancement opportunities. Tellers can prepare for jobs with better pay or more responsibility by taking courses offered by banking and financial institutes, colleges and universities, including private training institutions.

Who are some notable professionals in the field of Bank Telling?

JP Morgan was one of the most influential bankers in the history of the United States. Morgan began his banking career by working for Duncan, Sherman and Company, a private banking house. Later he worked for his father's firm, George Peabody & Company, which eventually became J.S. Morgan & Co.

Are there professional organizations for Bank Tellers?

The FDIC may be the leading organization in the field of banking. Responsible for insuring deposits in the United States, the Federal Deposit Insurance Corporation, or FDIC insures that there will not be a repeat of what happened in 1929, beginning the great depression.

Where are the top cities for employment as a Bank Teller?

The outcome of our "convenience-oriented" society has deemed the bank teller close to becoming obsolete: employment in this profession is shrinking due in large part to Automated Teller Machines (ATMs) and online banking. Many individuals view their current employment as temporary. Based on statistics complied by the American Bureau of Labor Statistics, the turn-over rate in this field is relatively high in comparison with other fields in the banking sector.

The top city for bank teller jobs in the United States is Chicago, Illinois. Wichita, Kansas is a distant second, and Los Angeles is in third place for cities with bank teller jobs available.

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