Foreign exchange clerk vs float teller

The differences between foreign exchange clerks and float tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a foreign exchange clerk has an average salary of $92,420, which is higher than the $32,064 average annual salary of a float teller.

The top three skills for a foreign exchange clerk include foreign exchange transactions, foreign currency and currency positions. The most important skills for a float teller are cash handling, branch management, and excellent client.

Foreign exchange clerk vs float teller overview

	Foreign Exchange Clerk	Float Teller
Yearly salary	$92,420	$32,064
Hourly rate	$44.43	$15.42
Growth rate	-12%	-12%
Number of jobs	66,986	14,928
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 49%
Average age	39	39
Years of experience	-	-

Foreign exchange clerk vs float teller salary

Foreign exchange clerks and float tellers have different pay scales, as shown below.

	Foreign Exchange Clerk	Float Teller
Average salary	$92,420	$32,064
Salary range	Between $43,000 And $195,000	Between $26,000 And $39,000
Highest paying City	-	Pensacola, FL
Highest paying state	-	Massachusetts
Best paying company	-	Santander Bank
Best paying industry	-	Finance

Differences between foreign exchange clerk and float teller education

There are a few differences between a foreign exchange clerk and a float teller in terms of educational background:

	Foreign Exchange Clerk	Float Teller
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 49%
Most common major	Business	Business
Most common college	-	-

Foreign exchange clerk vs float teller demographics

Here are the differences between foreign exchange clerks' and float tellers' demographics:

	Foreign Exchange Clerk	Float Teller
Average age	39	39
Gender ratio	Male, 41.3% Female, 58.7%	Male, 25.4% Female, 74.6%
Race ratio	Black or African American, 10.1% Unknown, 3.2% Hispanic or Latino, 20.5% Asian, 7.4% White, 58.2% American Indian and Alaska Native, 0.6%	Black or African American, 10.1% Unknown, 3.5% Hispanic or Latino, 15.2% Asian, 7.4% White, 63.2% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between foreign exchange clerk and float teller duties and responsibilities

Foreign exchange clerk example responsibilities.

Generate price discovery and execute desired positions across various products including volatility views through straddles and variance swaps.
Generate price discovery and execute desired positions across various products including volatility views through straddles and variance swaps.

Float teller example responsibilities.

Verify signatures and customer account balances; and inspect all checks, bonds, and money orders.
Generate bank revenue through cross-selling of financial products.
Process deposit and withdrawal requests, in person, through night depository, and ATM transactions.
File expense reports, reconcile teller drawer and assist in accurately balancing vault, ATM and cash dispensers.
Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
Complete assigned duties such as safe deposit, merchant/vault, TCD balancing, ATM processing, and night drop.

Foreign exchange clerk vs float teller skills

Common foreign exchange clerk skills

Foreign Exchange Transactions, 57%
Foreign Currency, 24%
Currency Positions, 11%
Check Accuracy, 9%

Common float teller skills

Cash Handling, 12%
Branch Management, 9%
Excellent Client, 9%
Math, 7%
Bank Products, 6%
Customer Service, 6%