Processing checks and other documents is the main responsibility of an item processor. The majority of these people work in banks, where they are in charge of accounting and keeping track of transactions. To work in this field, most people need at least an associate’s degree in accounting or a closely related field. To be successful in this position, you should have computer skills, good organizational habits, and a keen eye for detail. Processing checks, documenting canceled checks, investigating discrepancies, sending bank statements, and performing various office duties are all common responsibilities of an item processor.
The vast majority of an item processor’s time will be spent processing checks. This usually entails going over checks to make sure they’re filled out correctly and signed. Scanning each check and uploading the image to a computer for later viewing could be involved. He may also be required to type in check data, such as the routing number, in addition to this. As a result, a person must have extensive computer knowledge and be able to recognize discrepancies when they occur.
Another important responsibility of this position is to keep track of canceled checks. An item processor will frequently stamp and document a check after it has been processed and the money has been cleared. A copy of each canceled check is usually uploaded and viewable in an online bank statement for bank customers with online accounts.
An item processor’s job is to investigate and resolve financial discrepancies whenever they arise. For example, if a bank customer’s monthly bank statement shows less money than it should, the customer may examine the statement to see what information is incorrect. When he notices a discrepancy in the patron’s statement, he will correct it. This part of the job necessitates a high level of attention to detail.
In addition, an item processor is usually responsible for sending bank statements to customers. This is usually done once a month and entails mailing a paper copy of a customer’s most recent bank statement. An item processor must stamp each statement with a postage stamp and double-check that it is addressed correctly for this practice.
In addition, a person in this position will be responsible for a variety of office tasks. He might, for example, take calls or emails and respond to inquiries. In a bank, he might also send out faxes and distribute mail to the appropriate people. Aside from that, he may be called upon to repair office equipment if it breaks down.