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Financial Clerks

Financial Clerks
Quick Facts : Financial Clerks*
2010 Median Pay$33,710
Entry Level EducationHigh school diploma or equivalent
Work Experience in Related OccupationNone
Number of Jobs, 20121,395,500
Job Outlook11% (About as fast as average)
Employment Change152,600


Financial clerks take care of administrative tasks for banking, insurance, and other companies. They help customers, keep records, and carry out financial transactions. Their specific job duties vary by specialty and by setting. Most financial clerks work full time. However, about 16 percent of billing and posting clerks worked part time in 2010.

What Financial Clerks Do

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Work Environment

Financial clerks work in a variety of office settings, including bank branches, medical offices, and government agencies. Most work full time.
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Job Outlook

Overall, employment of financial clerks is expected to grow by 11 from 2010 to 2010. Job prospects for financial clerks should be favorable because many workers are expected to leave this occupation.
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Pay

The average salary of financial clerks in May 2010 was $33,710.
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Financial Clerks*
Average Annual Salary, May 2010

Financial Clerks

33710

Finance Occupations

59143.0435

All Jobs in the U.S.

52312.5223
Financial Clerks*
Percent Change in Employment

Financial Clerks

10.9351

Finance Occupations

18.39732977618342

All Jobs in the U.S.

15.767561808929724

Becoming a Financial Clerks

A high school diploma is enough for most jobs as a financial clerk. These workers usually learn their duties through on-the-job training. Employers of brokerage clerks may prefer candidates with a 2- or 4-year college degree in business or economics.
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