What You Need to Know About Statement Clerks

Job Description: Prepare and distribute bank statements to customers, answer inquiries, and reconcile discrepancies in records and accounts.

Life As a Statement Clerk

• Verify signatures and required information on checks.
• Maintain files of canceled checks and customers’ signatures.
• Load machines with statements, cancelled checks, or envelopes to prepare statements for distribution to customers or stuff envelopes by hand.
• Match statements with batches of canceled checks by account numbers.
• Post stop-payment notices to prevent payment of protested checks.
• Route statements for mailing or over-the-counter delivery to customers.

Qualities of a Statement Clerk

Below is a list of the skills most Statement Clerks say are important on the job.

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Speaking: Talking to others to convey information effectively.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Service Orientation: Actively looking for ways to help people.

Types of Statement Clerk Jobs

• Account Services Representative
• Statement Clerk
• Statement Processor
• Financial Processor
• Statement Distribution Clerk

Are There Job Opportunities for Statement Clerks?

In the United States, there were 501,000 jobs for Billing and Posting Clerks in 2016.

New jobs are being produced at a rate of 14.1% which is lower than average. The Bureau of Labor Statistics predicts 70,700 new jobs for Statement Clerks by 2026. Due to new job openings and attrition, there will be an average of 59,500 job openings in this field each year.

The states with the most job growth for Billing and Posting Clerks are Texas, California, and New York.

Watch out if you plan on working in Wyoming, Vermont, or South Dakota. These states have the worst job growth for this type of profession.

What is the Average Salary of a Statement Clerk

Billing and Posting Clerks Make between $26,840 and $55,500 a year. The median salary is $37,800.

Below is a list of the median annual salaries for jobs of this type in different U.S. states.

Annual Mean Salary by State

State	Annual Mean Salary
District of Columbia	$63,020
Alaska	$45,290
Connecticut	$45,180
Massachusetts	$44,550
California	$44,080
New York	$43,840
Washington	$43,360
Delaware	$42,780
New Jersey	$42,710
Minnesota	$42,060
Illinois	$41,980
Hawaii	$41,650
Oregon	$41,370
North Dakota	$41,120
Vermont	$41,110
Colorado	$41,060
New Hampshire	$41,050
Virginia	$40,570
Rhode Island	$40,210
Wyoming	$39,970
Maryland	$39,690
Pennsylvania	$39,050
Iowa	$38,810
Nevada	$38,800
Wisconsin	$38,490
Arizona	$38,250
Michigan	$37,850
Ohio	$37,840
Utah	$37,690
Texas	$37,620
Idaho	$37,470
Georgia	$37,400
North Carolina	$37,080
Maine	$37,000
Nebraska	$36,860
Tennessee	$36,710
Kansas	$36,600
Florida	$36,320
Indiana	$36,220
Missouri	$36,150
Montana	$35,870
South Carolina	$35,380
New Mexico	$35,290
Oklahoma	$34,900
Alabama	$34,760
Louisiana	$34,750
Kentucky	$34,550
Arkansas	$33,390
Mississippi	$32,680
West Virginia	$32,340
South Dakota	$31,990

What Tools & Technology do Statement Clerks Use?

Below is a list of the types of tools and technologies that Statement Clerks may use on a daily basis:

• Microsoft Project
• Microsoft Access
• Microsoft Word
• Microsoft Excel
• Microsoft Office
• Microsoft Outlook

How do I Become a Statement Clerk?

What education or degrees do I need to become a Statement Clerk?

What work experience do I need to become a Statement Clerk?

Where Statement Clerks Work

Other Jobs You May be Interested In

Are you already one of the many Statement Clerks in the United States? If you’re thinking about changing careers, these fields are worth exploring:

• Insurance Claims Clerks

References

Bureau of Labor Statistics

College Factual

O*NET Online

Image Credit: Via Wikimedia Commons