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Business, Management, Marketing, & Technology Pathway

Financial Services

What Financial Clerks Do

Financial clerks do administrative work for banking, insurance, and other companies. They keep records, help customers, and carry out financial transactions.

Work Environment

Financial clerks work in a variety of office settings, including bank branches, medical offices, and government agencies.

How to Become an Financial Clerk

Most financial clerks learn how to do their job duties through on-the-job training. The length of this training varies, but typically lasts less than one month. Under the guidance of a supervisor or another senior worker, new employees learn company procedures. Some formal technical training also may be necessary.

Pay

The median annual wage of financial clerks was $33,710 in May 2010.

Job Outlook

Overall, employment of financial clerks is expected to grow by 11 percent from 2010 to 2010, about as fast as the average for all occupations.

Quick Facts: Financial Clerks
2010 Median Pay $33,710 per year
Entry-Level Education High school diploma or equivalent
On-the-job Training None
Number of Jobs, 2010 100,600
Job Outlook, 2010-20 11% growth rate

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