Reserves Clerk: A description for the reserves clerk job

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Reserves Clerk: Compiles records of fund reserves of bank and branches to ensure conformity with Federal Reserve requirements: Reviews cash orders from branches to determine that order follows established procedure and amount meets with bank limitations and requirements. Posts order to department record sheet, or computer files, using computer. Telephones order to Federal Reserve Bank, and prepares letter to Federal Reserve confirming order, using computer or typewriter. Charges or credits accounts, following bank regulations. Keeps records of bank balance with Federal Reserve Bank.

Job industry: financial industry

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