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Foreign exchange clerk vs vault teller

The differences between foreign exchange clerks and vault 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 $32,352 average annual salary of a vault 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 vault teller are cash handling, quality customer service, and operational procedures.

Foreign exchange clerk vs vault teller overview

Foreign Exchange ClerkVault Teller
Yearly salary$92,420$32,352
Hourly rate$44.43$15.55
Growth rate-12%-12%
Number of jobs66,98611,212
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 38%
Average age3939
Years of experience--

Foreign exchange clerk vs vault teller salary

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

Foreign Exchange ClerkVault Teller
Average salary$92,420$32,352
Salary rangeBetween $43,000 And $195,000Between $26,000 And $39,000
Highest paying City-Denver, CO
Highest paying state-Massachusetts
Best paying company-NBCUniversal
Best paying industry-Finance

Differences between foreign exchange clerk and vault teller education

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

Foreign Exchange ClerkVault Teller
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 38%
Most common majorBusinessBusiness
Most common college--

Foreign exchange clerk vs vault teller demographics

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

Foreign Exchange ClerkVault Teller
Average age3939
Gender ratioMale, 41.3% Female, 58.7%Male, 19.5% Female, 80.5%
Race ratioBlack 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, 10.5% Unknown, 3.5% Hispanic or Latino, 19.2% Asian, 7.5% White, 58.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between foreign exchange clerk and vault 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.

Vault teller example responsibilities.

  • Process ATM transactions and reconcile negotiable instruments.
  • Coordinate accurate balancing and processing of ATM transactions.
  • Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
  • Interpret and accurately process customer requests and transactions according to TCF guidelines.

Foreign exchange clerk vs vault teller skills

Common foreign exchange clerk skills
  • Foreign Exchange Transactions, 57%
  • Foreign Currency, 24%
  • Currency Positions, 11%
  • Check Accuracy, 9%
Common vault teller skills
  • Cash Handling, 11%
  • Quality Customer Service, 8%
  • Operational Procedures, 8%
  • Internal Controls, 8%
  • Performance Reviews, 7%
  • Foreign Currency, 7%

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