Vault Teller Job Description
Vault teller
provides assistance to entry level tellers and informs them of bank policies, procedures and regulations.
Vault Teller Duties & Responsibilities
To write an effective vault teller job description, begin by listing detailed duties, responsibilities and expectations. We have included vault teller job description templates that you can modify and use.
Sample responsibilities for this position include:
Maintain the departments security procedures and policies
Follows proper operating and security procedures daily
Prepare all necessary documentation when counterfeit bills come through the bank
Process/balance the individual deposits using Compass and a desktop currency counter
Consistently balance work processed
Must be able to perform all essential duties and responsibilities of the Vault Teller I
Receive currency/coin for orders from the main vault teller
Open each envelope & take the contents out
When all envelopes have been opened, write your initials and time on the front of the deposit ticket
Place the empty suitecase on the cart
Vault Teller Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Vault Teller
Typically a job would require a certain level of education.
Employers hiring for the vault teller job most commonly would prefer for their future employee to have a relevant degree such as High School and Bachelor's Degree in General Education, Education, Computer, High School Education
Skills for Vault Teller
Desired skills for vault teller include:
Dual entry balancing
Bank transactions
Documentation
Philosophy
Policy
Procedures
Retail banking products
Bank operational policies
Related state and federal banking compliance regulations
Standard PC application software
Desired experience for vault teller includes:
Prepare and sell strap currency to Receiving Teller daily for shipment
Complete end of day proof blotter
Generally, handle service transactions and sales interactions
May have approval authority and/or vault responsibilities
Daily processes deposits of high volume currency transactions for commercial accounts delivered by Armored Car Services
File and validate receipts daily to customers
Vault Teller Examples
1
Vault Teller Job Description
Job Description Example
Our growing company is looking for a vault teller. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vault teller
- Organize coin daily to be shipped to the Brink’s Coin Vault
- Signs for accountability for each deposit processed from Armored Car paperwork on a daily basis
- Investigates unbalanced deposits, recounts any differences of $50.00 daily
- Assists in other vault areas when needed
- Prepare outgoing shipments, verify incoming shipments to amount requested
- May perform other duties such as balancing the cash dispenser settling the ATM, ordering supplies, settling internal bank accounts, balancing the branch
- Process deposits accurately and in a timely manner
- Maintains daily armored car logs and obtains appropriate signatures on incoming and outgoing manifests
- Supply and verify branches, business customers, and other Central Vault Tellers coin and currency
- Process transfers of money (TXs) between vault and tellers
Qualifications for vault teller
- Working knowledge of banking equipment – calculator, Glory VAS Comp u Order System, GRF100 currency counter, and Cummings Jet Coin Sorter preferred
- Assist in preparing shipments and orders cash and coin from the Federal Reserve
- Contact appropriate sender in event of error
- Reinforces department goals and objectives
- Provides superior customer service and appropriate follow through to internal and external customers
- Operates a computer efficiently to process account activity, determine balances, and resolve problems within given authority
2
Vault Teller Job Description
Job Description Example
Our company is growing rapidly and is looking for a vault teller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for vault teller
- Verifies/balances/accepts incoming deliveries from Armored Car couriers and vendors
- Provides relief support in all other areas of department
- Completes assigned duties within section to include balancing incoming bags and sales drafts
- Communicate customer issues/concerns to management
- Comply with all State Gaming Regulations relating to Title 31
- Prepare reports relating to overages, shortages, volumes of cash transactions, chip exchanges, checks, marker payments
- Responsible for safeguarding company assets within the Vault and the Cage area
- Verify cash transactions
- Approve check-cashing and credit privileges up to amounts as determined by Management
- Prepare and balance Cage daily deposits
Qualifications for vault teller
- Ability to lifting 50lbs or more repeatedly and stand for long periods of time
- Intermediate skills in personal computer operation
- Basic math skills to meet the needs of the position including counting currency, coin and negotiable instruments in a timely manner
- 1+ years experience vault experience or at least 6 months experience as teller and the ability to pass a teller test
- Zero to one year of cash handling and customer service experience
- Demonstrated clerical, data entry, and processing skills
3
Vault Teller Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of vault teller. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for vault teller
- Maintain professional attire
- Actively participate in the High Performance Growth (HPG) program including Branch HPG displays, Big Days, and Tell a Friend program
- Maintain branch supply of cash and process shipments to and from the Federal Reserve
- Process, monitor and balance currency in the vault and maintain a record of all cash exchanges daily
- Prepare Human Subject Incentive Program (HSIP) funds for disbursement based on daily work list requests
- Ensure that the amount of currency and coin on hand daily is sufficient to service teller drawers, departmental cash needs and HISP requests
- Maintain and balance vault cash daily
- Prepare journal entries for petty cash and travel advances disbursed at the UM Credit Union, vouchers for each type of disbursement from Student Business Services
- Prepare month-end reports that are used by the Financial Operations Account Operations area as part of monthly vault cash reconciliation
- Provide support, as needed, with emails, phone calls and mail processing
Qualifications for vault teller
- Two (2) or more years of bank operations experience with one (1) year in a branch environment with extensive cash handling experience
- Cash handling, deposit processing, Lockbox, other banking experience
- Ability to work and multitask in a fast paced deadline driven environment
- Experience with currency counting or high speed sorting equipment
- Minimum 0 – 1 years of responsible work
- Must be able to lift/transport up to 50 pounds and stand for extended periods of time
4
Vault Teller Job Description
Job Description Example
Our company is growing rapidly and is hiring for a vault teller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for vault teller
- Responsible for prompt and efficient customer transactions
- Counts, checks and packages coins and currency
- Balances cash drawer at the end of the shift and compares totaled amounts to computer-generated sheet and reports any discrepancies to the Head Teller as necessary
- Reports malfunctions of teller terminal and other equipment used at the teller station
- Assist customers with routine inquiries regarding account balances and account information
- Performs complete range of customer services including opening of new accounts, explaining available products and services, and gathering customer information to process new and existing accounts
- Prepares account paperwork, receives new account deposits and ensures that all accounts are properly processed
- Establishes retirement accounts and makes arrangement for direct deposit
- Proactively seeks prospects for new business
- Actively refers other lines of business to appropriate specialist
Qualifications for vault teller
- Must be able to lift/transport up to 50 pounds and be able to stand for extended periods of time
- Able to work flexible hours including weekends and shift work, 0 – 19 hours per week
- 2 to 3 years of teller banking experience preferred
- The ability to work with little or no supervision
- Works well with peers and other departments
- Three or more years of cash handling and customer service experience in a production environment
5
Vault Teller Job Description
Job Description Example
Our company is growing rapidly and is hiring for a vault teller. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vault teller
- Oversees reserve cash and ships excess cash for credit to the Federal Reserve Bank
- Deposits large amounts and holds uncollected funds as needed
- Balances vault currency to system reports and reports any discrepancies to the Branch Manager as necessary
- Reviews and provides system overrides on other tellers’ transactions, when needed
- Performs other duties such as balancing the cash dispenser settling the ATM, ordering supplies, settling internal bank accounts, balancing the branch
- Process deposits and other transactions accurately and in a timely manner
- Maintaining cash levels within established limit
- Preparing outgoing shipments, verifying incoming shipments to amount requested
- Facilitating cash transfers between teller & vault
- Processing currency & coin orders per members’ requests
Qualifications for vault teller
- Able to adapt to frequent schedule changes
- Previous bank teller experience preferred
- Completion of high school education, with college degree preferred
- Two or more years of office experience, particularly in a Cashier’s Office or Financial Institution
- Experience in handling large sums of money and negotiable instruments with a high level of accuracy
- Excellent organizational and time management skills with the ability to handle multiple tasks with varied deadlines