Foreign exchange clerk vs teller

The differences between foreign exchange clerks and 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 $32,171 average annual salary of a 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 teller are cash handling, customer service, and financial transactions.

Foreign exchange clerk vs teller overview

	Foreign Exchange Clerk	Teller
Yearly salary	$92,420	$32,171
Hourly rate	$44.43	$15.47
Growth rate	-12%	-12%
Number of jobs	66,986	16,298
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 41%
Average age	39	39
Years of experience	-	-

Foreign exchange clerk vs teller salary

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

	Foreign Exchange Clerk	Teller
Average salary	$92,420	$32,171
Salary range	Between $43,000 And $195,000	Between $26,000 And $39,000
Highest paying City	-	Manchester, NJ
Highest paying state	-	New Jersey
Best paying company	-	Security Service Federal Credit Union
Best paying industry	-	Finance

Differences between foreign exchange clerk and teller education

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

	Foreign Exchange Clerk	Teller
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	-	-

Foreign exchange clerk vs teller demographics

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

	Foreign Exchange Clerk	Teller
Average age	39	39
Gender ratio	Male, 41.3% Female, 58.7%	Male, 23.0% Female, 77.0%
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, 9.5% Unknown, 3.4% Hispanic or Latino, 21.2% Asian, 7.2% White, 58.1% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between foreign exchange clerk and 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.

Teller example responsibilities.

Process commercial transaction including deposits, withdrawals and loan payments selling monetary instruments.
Compile with the bank secrecy act.
Process treasury, tax and loan payments.
Receive coin and currency from arm trucks.
Fill in for coin room teller when on vacation.
Monitor all monetary instruments purchase and complete all BSA logs.

Foreign exchange clerk vs teller skills

Common foreign exchange clerk skills

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

Common teller skills

Cash Handling, 13%
Customer Service, 13%
Financial Transactions, 8%
Math, 6%
Bank Products, 6%
ATM, 3%