Compile records of fund reserves of bank for conformity with requirements.
Data from U.S. Department of Labor
What do Reserves Clerks do?
Compiles records of fund reserves of bank and branches to ensure conformity with Federal Reserve requirements: Reviews cash orders from branches to determine that order follows established procedure and amount meets with bank limitations and requirements. Posts order to department record sheet, or computer files, using computer. Telephones order to Federal Reserve Bank, and prepares letter to Federal Reserve confirming order, using computer or typewriter. Charges or credits accounts, following bank regulations. Keeps records of bank balance with Federal Reserve Bank.
Should I be a Reserves Clerk?
You should have
degree or higher and share these traits:
You are known for your personal integrity and honesty.
You enjoy flying solo and doing things your own way.
You take a step-by-step approach to analyze information and solve problems.
Also known as:
Chart Reader, Reconcilement Clerk, Remittance Clerk, Tax-Record Clerk
How to become a Reserves Clerk
Most Reserves Clerks have a Certificate or higher.
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