Banks Top Authorization Levels

Banking Roles In Financial Institutions

These roles are related to the management and operation of financial institutions, specifically banks.

  1. Bank Admins: Bank Admins are typically responsible for managing the overall operations of a financial institution. They may oversee multiple branches or departments within the organization and are responsible for ensuring that the institution complies with all relevant regulations and laws.

  2. Bank Branch Admins: Bank Branch Admins are responsible for managing the day-to-day operations of a specific bank branch. This may include overseeing the work of Tellers, managing customer accounts, and ensuring that the branch operates efficiently and effectively.

  3. Authorizers: Authorizers are typically responsible for approving financial transactions on behalf of customers. Depending on the context, they may be required to review and approve large or complex transactions, or to ensure that a customer's account is in good standing before approving a transaction.

  4. Tellers: Tellers are responsible for processing financial transactions, such as deposits, withdrawals, and account transfers. They typically interact directly with customers and are responsible for ensuring that all transactions are completed accurately and efficiently.

I got this knowledge while working on a fintech web app. Really learnt a lot. I hope you find this helpful.