How To Become An Institutional Custodian: What It Is and Career Path

What is an institutional custodian and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being an institutional custodian. For example, did you know that they make an average of $16.16 an hour? That's $33,605 a year! Between 2018 and 2028, the career is expected to grow 4% and produce 85,500 job opportunities across the U.S.

ScoreInstitutional CustodianUS Average

Salary

2.6

Avg. Salary $33,605

Avg. Salary $59,228

Stability level

5.7

Growth rate 4%

Growth rate 0.3%

Diversity

4.5

Race

American Indian and Alaska Native 1.35%

Asian 3.35%

Black or African American 14.26%

Hispanic or Latino 25.19%

Unknown 4.16%

White 51.68%

Gender

female 9.09%

male 90.91%

Age - 51

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 51

Stress level

5.7

Stress level is manageable

7.1 - high

Complexity level

7.0

Complexity level is challenging

7 - challenging

Work life balance

9.1

Work life balance is excellent

6.4 - fair

Key steps to become an institutional custodian

Explore institutional custodian education requirements

Most common institutional custodian degrees

Bachelor's

50.0 %

High School Diploma

16.7 %

Diploma

16.7 %

Start to develop specific institutional custodian skills

Skills	Percentages
Various Management	58.79%
Recertification Process	24.45%
FNMA	16.76%

Complete relevant institutional custodian training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New institutional custodians learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an institutional custodian based on U.S. Bureau of Labor Statistics data and data from real institutional custodian resumes.

Research institutional custodian duties and responsibilities

Receive original documents pertaining the FNMA and GNMA pool loans.
Transition to position of electronically certifying loans in accordance with GNMA and FNMA guidelines.
Perform regulatory reporting and recordkeeping functions using database management system.
Demonstrate ability to lift and move heavy objects owing to exceptional physical dexterity.

Prepare your institutional custodian resume

When your background is strong enough, you can start writing your institutional custodian resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an institutional custodian resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable institutional custodian resume templates

Build a professional institutional custodian resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your institutional custodian resume.