Item processors work in banks and are responsible for processing checks, documenting canceled checks, investigating discrepancies, sending bank statements, and performing various clerical tasks. They need computer skills, organizational habits, and an eye for detail.
Working as an item processor primarily involves processing checks and other documents. In most cases, these individuals work in banks and are responsible for accounting-related tasks and keeping track of transactions. Generally speaking, a person must have at least an associate’s degree in accounting or a related field to enter this field. Being successful in this position typically requires someone with computer skills, effective organizational habits, and an eye for detail. Some common responsibilities of an item processor include processing checks, documenting canceled checks, investigating discrepancies, sending bank statements, and performing various clerical tasks.
In general, an item processor spends most of its time processing checks. This usually includes verification inspections to ensure the correct information is completed and signed. This could involve scanning each scan and uploading the image to a computer for later viewing. In addition, he may also be asked to enter verification data such as the routing number. Consequently, an individual must have considerable computer knowledge and be able to detect discrepancies when they occur.
Another important duty of this job is to document canceled checks. After a check is processed and the money is cleared, an item processor will usually stamp the check and document it. For banking customers with online accounts, a copy of each canceled check will generally be uploaded and viewable on a user’s online bank statement.
Whenever financial discrepancies occur, it is usually the job of an item processor to investigate and resolve them. For example, if a bank user’s monthly bank statement is showing less money than it should, an individual can review the statement to determine what information is incorrect. When he sees a discrepancy, he corrects the patron’s statement. This aspect of the job requires someone who is extremely detail oriented.
Along with this, an item processor is usually tasked with sending bank statements to customers. This is typically done once a month and involves sending a paper copy of a user’s current bank statement. For this practice, an item processor must place a postage stamp on each declaration and ensure that it is addressed correctly.
Additionally, an individual in this position will be responsible for performing various office tasks. For example, he can answer phone calls or emails and answer questions. He can also send faxes and distribute mail to appropriate bank personnel. In addition, he may be asked to repair office equipment when there are malfunctions.
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