Similar careers
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
A New Accounts Clerk is a financial professional responsible for assisting customers in opening new accounts at banking and financial institutions. This role involves evaluating customer needs, explaining different types of accounts and services, and ensuring compliance with banking regulations.
Education: High school diploma or equivalent
Years in related career: None
On-the-job training: Moderate-term
Projected Growth: -14.4% (negative growth)
Annual job openings: 2,300
Direct AI exposure: 52% of tasks
Potential AI exposure: 68% of tasks
| According to the U.S. Bureau of Labor Statistics, average income (in USD) in 2025 was $48K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $38K per year | $44K per year | $48K per year | $55K per year | $61K per year |
| Compared to other careers: Median is $3.31K below the national average. | ||||
New Accounts Clerks work in various financial institutions such as banks, credit unions, and savings institutions. Their work is primarily indoors, within an office setting, and involves substantial interaction with clients. The environment is professional, with a focus on providing high-quality customer service.
New Accounts Clerks play a crucial role in the financial services industry, serving as the initial point of contact for new clients. They must have a thorough understanding of the banking products and services offered by their institution to accurately inform and advise customers. This role requires strong communication skills, as clerks need to clearly explain complex financial concepts to clients with varying levels of financial literacy.
Attention to detail is essential for New Accounts Clerks, as they are responsible for accurately processing sensitive personal and financial information. They must also stay updated on changing banking regulations and compliance standards to ensure that all new accounts are set up correctly and legally. Clerks often use banking software and must be comfortable with technology and data entry.
This position offers the opportunity to develop a broad knowledge of the banking industry and can serve as a stepping stone to more advanced roles in banking, finance, or customer service. Clerks who excel in this role are often detail-oriented, enjoy working with people, and have a keen interest in finance and banking.
The position typically requires a high school diploma or equivalent. Some employers may prefer candidates with post-secondary education in finance or business, but most training is provided on the job.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
