New Accounts Clerks

SOC: 43-4141 O*NET: 43-4141.00
Median Salary
$46,610
per year
Job Growth
📉 -13.2%
Slower (2024-2034)
Annual Openings
2.3
projected jobs/year
Education Level
Vocational school, on-the-job training, or associate degree
Job Zone 3

Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.

What does a New Accounts Clerks do?

Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.

How much can you earn?

Entry Level
$36,980
10th percentile
Early Career
$40,050
25th percentile
Median
$46,610
50th percentile
Experienced
$51,510
75th percentile
Top Earners
$60,110
90th percentile

National Salary Distribution

10th
$36,980
25th
$40,050
Middle 50%
MEDIAN
$46,610
Mean: $47,610
75th
$51,510
90th
$60,110
Middle 50% of earners
Median salary
Mean (average)

Key Insights

  • Salary range spans $23,130 from entry level to top earners
  • Middle 50% earn between $40,050 and $51,510
  • Salary spread is 24.6% around the median, showing low variation
  • Total national employment: 38,030 professionals

What's the job outlook?

Job Market Intelligence

Low Demand
Market demand
Medium Risk
Automation risk

Current Employment

National Employment:38,900

Top Industries

Finance and Insurance96.7%
Credit Intermediation and Related Activities93.5%
Credit Intermediation and Related Activities (5221 and 5223 only)92.7%

10-Year Outlook

Growth Rate:-13.2%
Annual Openings:2,300

Employment Projections

2024 (Current)38,900
Current
2034 (Projected)33,800
-13.2%
-5,200
Employment Change
-13.2%
Growth Rate
10
Year Projection

Growth Category: Decline

Geographic Salary & Employment Data

Explore where New Accounts Clerks professionals work across the United States

Showing 15 of 46 locations
New York
4,480 jobs$49,2601.90x
Texas
4,180 jobs$38,9701.22x
Michigan
3,090 jobs$47,8302.85x
Illinois
2,270 jobs$46,0801.52x
Wisconsin
1,970 jobs$47,1502.74x
Oklahoma
1,790 jobs$44,7404.30x
North Carolina
1,730 jobs$48,8401.43x
Missouri
1,620 jobs$40,0302.26x
Minnesota
1,360 jobs$48,0201.89x
California
1,170 jobs$54,3900.26x
Iowa
1,110 jobs$44,7202.89x
Oregon
980 jobs$49,1602.03x
Nebraska
870 jobs$46,7503.48x
Georgia
870 jobs$46,6200.73x
Pennsylvania
810 jobs$45,8300.55x

Understanding the Data

Location Quotient (LQ):

  • LQ > 1.0: More jobs than national average
  • LQ = 1.0: Same as national average
  • LQ < 1.0: Fewer jobs than national average

Data Source:

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), May 2024

Key Growth Factors

  • Employment decline projected

What skills do you need?

Top 10 Most Important Skills

#1
Speaking
100%
#2
Active Listening
94%
#3
Reading Comprehension
86%
#4
Service Orientation
80%
#5
Social Perceptiveness
74%
#6
Monitoring
66%
#7
Coordination
60%
#8
Critical Thinking
54%
#9
Judgment and Decision Making
46%
#10
Writing
40%

Skills Overview

Speaking
advanced5.0
100%
Active Listening
advanced4.7
94%
Reading Comprehension
basic4.3
86%
Service Orientation
intermediate4.0
80%
Social Perceptiveness
intermediate3.7
74%
Monitoring
intermediate3.3
66%
Coordination
intermediate3.0
60%
Critical Thinking
basic2.7
54%

Skills are rated on a scale of 0-5, with 5 being the most important. The complexity level indicates how advanced the skill typically needs to be.

Filter:
Sort by:

Speaking

advanced
Importance100%
skills
5.0/5.0

Active Listening

advanced
Importance94%
skills
4.7/5.0

Reading Comprehension

basic
Importance86%
abilities
4.3/5.0

Service Orientation

intermediate
Importance80%
skills
4.0/5.0

Social Perceptiveness

intermediate
Importance74%
skills
3.7/5.0

Monitoring

intermediate
Importance66%
skills
3.3/5.0

Coordination

intermediate
Importance60%
skills
3.0/5.0

Critical Thinking

basic
Importance54%
abilities
2.7/5.0

Judgment and Decision Making

basic
Importance46%
abilities
2.3/5.0

Writing

basic
Importance40%
skills
2.0/5.0

Highly Transferable Skills

These skills are valuable across multiple career paths, making career transitions easier:

Registered Nurses100%
5 shared skills
Rehabilitation Counselors100%
5 shared skills
Physician Assistants82%
5 shared skills
Animal Control Workers82%
5 shared skills
Freight Forwarders82%
5 shared skills
Child, Family, and School Social Workers82%
5 shared skills

Skills by Career Stage

Entry Level

Must Have:
  • Speaking
  • Active Listening
  • Service Orientation
Learn on the Job:
  • Monitoring
  • Coordination
  • Critical Thinking

Mid Career

Expected:
  • Speaking
  • Active Listening
  • Service Orientation
  • Reading Comprehension

Senior Level

Mastery Required:
  • Speaking
  • Active Listening
  • Service Orientation
  • Reading Comprehension
  • Social Perceptiveness

Skill Development Tips

  • Focus on developing the top 5 skills first - they have the highest impact on career success
  • Transferable skills open doors to related careers and provide flexibility
  • Balance technical skills with soft skills for well-rounded professional development
  • Entry-level positions prioritize foundational skills that can be built upon over time

What technology will you use?

Technology & Digital Skills

Essential technology proficiencies for New Accounts Clerks

Technology Intensity
High

Digital Literacy Requirements

This career requires advanced digital literacy

1
Basic
2
Intermediate
3
Advanced
4
Expert

Key Digital Competencies:

Proficiency with specialized softwareTechnical documentationData analysis toolsSystem integration
🔥

Hot Technologies in Demand

These technologies are currently trending and highly sought after in this field

Microsoft SharePoint

🔥 Hot Tech

Microsoft Office software

🔥 Hot Tech

Microsoft PowerPoint

🔥 Hot Tech

Microsoft Excel

🔥 Hot Tech

Microsoft Word

🔥 Hot Tech

Technology Stack

Technology Stack Overview

Key technologies used in this career

Microsoft SharePoint
Microsoft Office software
Microsoft PowerPoint
Microsoft Excel
Microsoft Word

📚 Technology Learning Resources

Recommended Certifications

  • Vendor-specific software certifications
  • Industry-recognized technology credentials
  • Professional development courses

Online Learning Platforms

  • LinkedIn Learning - Comprehensive technology courses
  • Coursera - University-level programs
  • Udemy - Practical skills training

💡 Technology Skill Development Tips

  • Focus on mastering hot technologies first - they're currently most in-demand
  • Build a portfolio demonstrating your proficiency with key tools and software
  • Stay current through continuous learning - technology evolves rapidly
  • Consider vendor certifications to validate your skills to employers

What's the work environment like?

🏢
Location
MOSTLY INDOOR
💪
Physical Demand
HIGH
👥
Team Orientation
MOSTLY TEAM
🤝
Customer Interaction
CONSTANT

💡Is This Work Environment Right for You?

Consider these factors when evaluating if you'll thrive in this work environment:

  • Are you comfortable working in mostly indoor environments?
  • Can you meet high physical demands?
  • Do you enjoy mostly team team environments?
  • Are you comfortable working with safety protocols and protective equipment?

What are the key tasks?

Tasks & Responsibilities

15
Core Tasks
8
Daily Tasks
20
Work Activities
0
Emerging Tasks
Filter:
Sort by:
General Responsibilities (7)Management & Supervision (1)Documentation & Record-Keeping (4)Operations & Execution (3)
1

Answer customers' questions and explain available services, such as deposit accounts, bonds, and securities.

🔴
Daily
Importance:
100%
General Responsibilities100% perform
2

Compile information about new accounts, enter account information into computers, and file related forms or other documents.

🔴
Daily
Importance:
98%
General Responsibilities97% perform
3

Refer customers to appropriate bank personnel to meet their financial needs.

🔴
Daily
Importance:
96%
General Responsibilities94% perform
4

Interview customers to obtain information needed for opening accounts or renting safe-deposit boxes.

🔴
Daily
Importance:
94%
General Responsibilities91% perform
5

Inform customers of procedures for applying for services, such as ATM cards, direct deposit of checks, and certificates of deposit.

🔴
Daily
Importance:
92%
Management & Supervision88% perform
6

Obtain credit records from reporting agencies.

🔴
Daily
Importance:
90%
Documentation & Record-Keeping85% perform
7

Collect and record customer deposits and fees and issue receipts, using computers.

🔴
Daily
Importance:
88%
Documentation & Record-Keeping82% perform
8

Investigate and correct errors upon customers' request, according to customer and bank records.

🔴
Daily
Importance:
86%
Documentation & Record-Keeping79% perform
9

Perform teller duties as required.

🟡
Weekly
Importance:
84%
Operations & Execution76% perform
10

Execute wire transfers of funds.

🟡
Weekly
Importance:
82%
Operations & Execution73% perform

💡 Key Takeaways

  • Daily tasks focus primarily on general responsibilities activities
  • 47% of tasks are performed by most workers in this occupation
  • Career advancement brings increased leadership and strategic responsibilities

What career paths are available?

Career Pathways

0
Advancement Opportunities
0
Lateral Move Options
0%
Avg. Salary Increase

Advancement Opportunities

Typical career progression paths from New Accounts Clerks

💡 Career Planning Tips

  • Most successful advancement happens after 3-5 years of experience
  • Lateral moves can provide valuable cross-functional experience for future leadership roles
  • Focus on developing skills that are transferable across multiple career paths
  • Consider industry trends when planning long-term career moves

Is this career right for you?

Personality & Values Fit

Is This Career Right for You?

New Accounts Clerks professionals typically have a CES Holland code and highly value support

CConventional
EEnterprising
SSocial

Important Personality Traits

Work styles that contribute to success as a New Accounts Clerks

Integrity

Critical

Integrity

Importance Level4.68

Attention to Detail

Very Important

Attention to Detail

Importance Level4.48

Cooperation

Very Important

Cooperation

Importance Level4.36

Dependability

Very Important

Dependability

Importance Level4.33

Initiative

Very Important

Initiative

Importance Level4.28

Adaptability/Flexibility

Very Important

Adaptability/Flexibility

Importance Level4.28

Complete Work Styles Profile

Integrity
4.7
Attention to Detail
4.5
Cooperation
4.4
Dependability
4.3
Initiative
4.3
Adaptability/Flexibility
4.3
Achievement/Effort
4.3
Self-Control
4.2
Stress Tolerance
4.2
Concern for Others
4.0

💡 Tips for Career Fit Success

  • While personality fit is important, skills can be developed with practice and training
  • Consider informational interviews to better understand the day-to-day personality requirements
  • Work environments vary by employer - research specific companies for cultural fit
  • Your interests and values may evolve - reassess periodically throughout your career

What education is required?

Education Level

Vocational school, on-the-job training, or associate degree
Typical duration: Varies

Preparation Level

Job Zone 3
Medium Preparation Needed

Experience Needed

Previous work-related skill, knowledge, or experience required

📚 Education Requirement

Required Level:Vocational school, on-the-job training, or associate degree

Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.

Training:

Training of more than one year

💼 Experience Requirement

Previous work-related skill, knowledge, or experience required

Common pathways to gain experience:

  • Associate degree programs
  • Apprenticeships (1-2 years)
  • Vocational training with related experience
3

Job Zone Three: Medium Preparation Needed

Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.

Associate degree programsApprenticeships (1-2 years)Vocational training with related experience

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