5521 BANK WORKERS
BANK WORKERS receive deposits and pay out money in financial and commercial institutions, keep records of transactions, issue receipts and cash cheques.
Skill Level: 4
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Certificate II or III (ANZSCO Skill Level 4)
In New Zealand:
NZ Register Level 2 or 3 qualification (ANZSCO Skill Level 4)
At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Tasks:
- greeting customers, identifying their needs and answering customer inquiries
- ensuring customers' forms are filled in correctly and checking customers' identification
- accepting cash and cheques deposited by customers, verifying records and receipts, and crediting customers' accounts
- paying money to customers according to advice slips, cheques and negotiable documents, and debiting customers' accounts
- providing change, cashing cheques and recording transactions
- opening and closing accounts for customers
- balancing cash and advising supervisors of cash position and discrepancies
- explaining and promoting bank services to customers and referring them to appropriate financial services
Related Occupation:
- 552111 Bank Worker
552111 BANK WORKER
Receives deposits and pays out money in a financial or commercial institution, keeps records of transactions, issues receipts and cashes cheques.
Skill Level: 4
Skill Level: 4
In Australia:
AQF Certificate II or III (ANZSCO Skill Level 4)
In New Zealand:
NZ Register Level 2 or 3 qualification (ANZSCO Skill Level 4)
At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
- analysing information about customers and examining references, credit ratings, investment risks, pay slips and other information against predetermined policy standards
- contacting financial and credit institutions to obtain information about customers
- preparing papers setting out conditions of credit and loans, rates of repayment and loan periods, and providing information about customers' standing to financial and credit institutions
- authorising the approval of credit and loan applications and recommending credit and loan conditions and limits
- keeping records of payments, and preparing routine letters requesting payment for overdue accounts and forwarding these for legal action
- answering inquiries concerning credit standing of customers, loan balances and penalties
- may recommend, approve and arrange mortgages
- may work in a call centre
- Department of Home Affairs, 2020, Occupation Ceilings, viewed on
Related Occupation:
- 552211 Credit or Loans Officer (Aus) \ Finance Clerk (NZ)
552211 Credit or Loans Officer (Aus) \ Finance Clerk (NZ)
Analyses, evaluates and processes credit and loan applications. May work in a call centre.
Skill Level: 4
Specialisation:
- Lending Consultant
- Loans Consultant
- Loans Officer
5523 INSURANCE, MONEY MARKET AND STATISTICAL CLERKS
INSURANCE, MONEY MARKET AND STATISTICAL CLERKS prepare and check documentation associated with insurance, maintain records of securities transactions and registrations, offer odds and accept bets, and compile data and undertake statistical and actuarial computations.
Skill Level: 4
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Certificate II or III (ANZSCO Skill Level 4)
In New Zealand:
NZ Register Level 2 or 3 qualification (ANZSCO Skill Level 4)
At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Registration or licensing may be required.
Tasks:
- obtaining information on the form of competitors by research, attending race trials and liaising with contacts
- offering and varying odds on competitors after considering the type of event, handicaps, weather conditions and odds offered by other Bookmakers
- processing insurance applications, adjustments to insurance cover, standard endorsements and insurance claims
- monitoring balances of accounts and summarising reinsurance to determine outstanding risk
- surveying potential risk exposure
- despatching notices of premiums due and forms concerning conservation and transfer of insurance
- reviewing, checking, verifying and issuing transaction documentation for securities
- claiming accruing dividends and processing dividend payments
- compiling statistics from financial records, survey returns and other data sources, and verifying the authenticity of the material
- operating computers to input, manipulate and output information
- compiling results of calculations into tables, graphs and charts to be used in analysis
- may work in a call centre
Related Occupations:
- 552311 Bookmaker
- 552312 Insurance Consultant
- 552313 Money Market Clerk
- 552314 Statistical Clerk
552311 BOOKMAKER
Determines risk, offers odds and accepts bets on the outcome of racing and other events. Registration or licensing is required.
This occupation is illegal in New Zealand.
Skill Level: 4
552312 INSURANCE CONSULTANT
Alternative Title: Insurance Clerk
Prepares and checks documentation associated with insurance. May work in a call centre.
Skill Level: 4
Specialisations:
- Health Insurance Assessor
- Superannuation Clerk
552313 MONEY MARKET CLERK
Alternative Titles:
- Scrip Clerk (Stockbroking)
- Securities Clerk
Processes documentation and maintains records of securities transactions and registrations.
Skill Level: 4
552314 STATISTICAL CLERK
Compiles data and undertakes statistical and actuarial computations.
Skill Level: 4
Specialisation:
- Actuarial Clerk
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