Wire transfer clerk vs registered account administrator

The differences between wire transfer clerks and registered account administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a wire transfer clerk and a registered account administrator. Additionally, a registered account administrator has an average salary of $51,324, which is higher than the $33,309 average annual salary of a wire transfer clerk.

The top three skills for a wire transfer clerk include customer service, wire transfers and ACH. The most important skills for a registered account administrator are client accounts, client portfolios, and .

Wire transfer clerk vs registered account administrator overview

	Wire Transfer Clerk	Registered Account Administrator
Yearly salary	$33,309	$51,324
Hourly rate	$16.01	$24.68
Growth rate	-3%	-3%
Number of jobs	66,745	101,458
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 67%
Average age	43	43
Years of experience	2	2

Wire transfer clerk vs registered account administrator salary

Wire transfer clerks and registered account administrators have different pay scales, as shown below.

	Wire Transfer Clerk	Registered Account Administrator
Average salary	$33,309	$51,324
Salary range	Between $27,000 And $40,000	Between $38,000 And $68,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between wire transfer clerk and registered account administrator education

There are a few differences between a wire transfer clerk and a registered account administrator in terms of educational background:

	Wire Transfer Clerk	Registered Account Administrator
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Wire transfer clerk vs registered account administrator demographics

Here are the differences between wire transfer clerks' and registered account administrators' demographics:

	Wire Transfer Clerk	Registered Account Administrator
Average age	43	43
Gender ratio	Male, 26.2% Female, 73.8%	Male, 43.9% Female, 56.1%
Race ratio	Black or African American, 9.5% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 5.9% White, 63.9% American Indian and Alaska Native, 0.9%	Black or African American, 9.5% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 5.9% White, 63.9% American Indian and Alaska Native, 0.9%
LGBT Percentage	6%	6%

Differences between wire transfer clerk and registered account administrator duties and responsibilities

Wire transfer clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Activate and update ATM card accounts.
Balance daily ATM settlement and clearing accounts.
Perform ACH services for backup coverage as needed.
Verify other bank (ABA routing number).
Transfer accounts and create manual tickets when DTC transfer are not available

Registered account administrator example responsibilities.

Manage all post-award management activities such as award processing, fund monitoring financial reporting and payroll reconciliation.
Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.
Learned health insurance policies and procedures for different companies including Medicaid and Medicare.
Maintain current knowledge of client portfolio and stock market analysis, insurance, annuities, and benefits.

Wire transfer clerk vs registered account administrator skills

Common wire transfer clerk skills

Customer Service, 22%
Wire Transfers, 15%
ACH, 13%
OFAC, 7%
Customer Accounts, 6%
Financial Institutions, 6%

Common registered account administrator skills

Client Accounts, 76%
Client Portfolios, 24%

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Office and Administrative Industry
Wire Transfer Clerk
Wire Transfer Clerk vs Registered Account Administrator

Updated January 8, 2025

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