Will AI replace New Accounts Clerks?
Estimated risk score: 81 out of 100
Very high replacement risk
Estimate from published task research, not reviewed by a person · how we estimate
Within about 19 points for 4 in 5 of the jobs we checked (62 to 100).
For the occupation as a whole, from ratings of its 15 O*NET tasks published in 2023 and calibrated to our hand scores. A specialty inside it can sit higher or lower.
O*NET-SOC 43-4141.00 · Office and Administrative Support
Tasks rated in 2023 as ones AI could do or speed up
Tasks a GPT-4-class model could do, or do in half the time or less: 12 of its 15 rated tasks; the first 6 are shown. In O*NET’s words.
- Duplicate records for distribution to branch offices.
- Answer customers' questions and explain available services, such as deposit accounts, bonds, and securities.
- Compile information about new accounts, enter account information into computers, and file related forms or other documents.
- Inform customers of procedures for applying for services, such as ATM cards, direct deposit of checks, and certificates of deposit.
- Collect and record customer deposits and fees and issue receipts, using computers.
- Execute wire transfers of funds.
Tasks rated in 2023 as not sped up by AI
Tasks such a model was rated as not speeding up or taking over: 1 of its 15 rated tasks. In O*NET’s words.
- Issue initial and replacement safe-deposit keys to customers, and admit customers to vaults.
What the job is
Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
Also called: New Accounts Representative, Member Service Representative, Admit Clerk, Banking Services Clerk, Bilingual Personal Banker, Branch Service Specialist, Safe Deposit Box Rental Clerk, Banking Services Representative.
Closest jobs we score by hand
In the same field (Office and Administrative Support). Different jobs, each scored by a person.
Related jobs, estimated
Source. This site includes information from the O*NET 30.1 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. USDOL/ETA has not approved, endorsed, or tested these modifications. (O*NET, CC BY 4.0.) Task ratings: Eloundou, Manning, Mishkin and Rock (2023), “GPTs are GPTs: An Early Look at the Labor Market Impact Potential of Large Language Models”, data used under the MIT licence (licence texts). Our change: we averaged the ratings over this occupation’s tasks and calibrated them to our 0–100 scale. It is not a prediction about any one person and not career advice. Disagree? Write to hello@yourstopwashit.com. How we estimate