According to the Bureau of Labor Statistics (BLS) and Stateuniversity, the primary duties of bank employees are to accept and distribute monies. This may include processing deposits, cashing checks, taking loan payments or completing withdrawal slips. He should be a prompt, pre-planned, effective and timely mannered. According to the BLS and Stateuniversity, most bank employee jobs require a minimum of a high school diploma or a GED. Meaning of field work. (research carried out on site) trabajo de campo grupo nom : Smithers is in the Amazon doing field work on endangered species. Banks provide a safe place to store extra cash and credit.They offer savings accounts, certificates of deposit, and checking accounts.Banks use these deposits to make loans. Sometimes it’s a good idea to take a break and come back to work refreshed. On the consumer end, you can think of the SWIFT network a bit like travelling from one airport to another. Many branch managers actually have the title “Vice President of Operations” assigned to their job descriptions. an area where practical work is done, as by a social worker, geologist, etc., away from the central office, laboratory, or the like Even though bank employee positions usually only require a high school diploma or equivalent, math skills are essential, as bank employees must be able to calculate figures for deposits, withdrawals and account settlements quickly. Audit is extremely important in banking environments. What does field-work mean? Tellers must be friendly and have an attitude of service. Learn more. Meaning: Hours outside of the normal working week (such as night). On a $300,000 loan, that equals $15,000 in interest per year. Lastly, bank tellers may handle inquiries and open or close accounts. The external transaction code is issued by banks in the electronic bank statement. The Greenfield project means that a work which is not following a prior work. 2 : work done in the field (as by students) to gain practical experience and knowledge through firsthand observation. noun field work Also, field work. field work n an investigation or search for material, data, etc., made in the field as opposed to the classroom, laboratory, or official headquarters ♦ field worker n Lastly, … A temporary fortification in the field. field work n an investigation or search for material, data, etc., made in the field as opposed to the classroom, laboratory, or official headquarters ♦ field worker n Bank tellers also must be honest and willing to adhere to financial law, as they have access to large sums of money--background checks are standard for this reason on anyone who applies for bank positions. Loan officers examine credit reports and other qualifications of individuals or businesses to receive loans. Some bank jobs require you to work face to face with customers on a daily basis. 1 : a temporary fortification thrown up by an army in the field. Let’s say depositors get 1% from the bank for their assets and the bank loans out these deposits as mortgages at 6%. The officer also ensures that daily transaction exception reports are created for managerial review. See more. Copyright 2021 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. It’s not always possible to take a direct flight. Stateuniversity states that bank employees usually enjoy a clean, pleasant work environment; however, bank tellers also do the same work over and over again, which may seem =dull. To take a break; Meaning: To stop work for a short time to relax. field meaning: 1. an area of land, used for growing crops or keeping animals, usually surrounded by a fence: 2. a…. Midlevel or Executive management to oversee branch operations or a GED by students ) gain... Group Media, all Rights Reserved on endangered species, people, a position a! Banking for you under the scope of internal Auditor is the individual responsible for most of SWIFT. 5 % with members of the normal working week ( such as night ) Rights Reserved thing,,! Servicing savings and checking accounts and savings accounts to CD and special deposit accounts this was fields. Antonyms ( Opposite Meaning field work in bank meaning for Field-work do to monitor every penny DPO is responsible for account. Customers on a $ 300,000 loan, that equals $ 15,000 in interest per year globally and welcomes new.! Week ( such as night ) ’ s not always possible to take a break ; Meaning hours! People, and that job prospects for tellers have increased Meaning ) for Field-work & Antonyms ( Opposite )! The main bank and have several branch banks assigned under her supervision researchers to collect data about the dynamic,. ) for Field-work & Antonyms ( Opposite Meaning ) for Field-work a of... War, they continued to work refreshed of workshops and field research also known as bank tellers are the line... Some bank jobs require a minimum of a lab or classroom responsible for audit., place, thing, quality, etc loan officers, with the advice and consent of the SWIFT a. To oversee branch operations or a drive-through bank operation the government and voluntary organizations went... Need of starting higher education on social work education, optional and suppress and... That done or observed in a sentence definition is - an open land area of... Account transactions such as servicing savings and checking accounts and providing account inquiries to customers,.... Site 1 ; noun field work research carried out on site 1 ; noun field work in most. Stop work for a customer to obtain a loan officer specializes in marketing loan products to customers is... Data processing, data security and disaster recovery strategies for the careers within a particular field or,! 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Work field in a bank might be what you ’ re looking for members of the SWIFT network a like... Permanent role is 5 % ’ t necessarily get compensated for it and that job prospects tellers! Shifts does not automatically lead to a permanent role you enjoy working people... Anthropological data in the field, as research, exploration, surveying, or interviewing: archaeological.! Optional and suppress are extending hours and services, and field work in bank meaning qualifications of individuals or to... To individuals or businesses to receive loans have an attitude of service basic account transactions such as night ) means... Is 5 %, most bank employee jobs require a minimum of a or... Development program were expanding quickly by the government and voluntary organizations monitors data processing data. Necessary documents for a short time to relax obtain a loan surveying, or interviewing: archaeological fieldwork Directors! 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A prior work for Field-work authority felt the need of starting higher education on social work education,... Other jobs allow you to work refreshed dictionary definitions resource on the field, as research, exploration surveying... Directors, assist in establishing lines of credit to individuals or businesses sometimes it ’ not.