A professional who compiles settlement data and submits checks, drafts, and other items to clearinghouse association for exchange and settlement with other banks. Responsibilities include:

• Sorts items into bundles, lists items, and totals amounts, using adding machine or calculator.
• Posts totals to clearinghouse settlement sheet.
• Mails or delivers items to clearinghouse.
• Accepts items from clearinghouse that have been drawn on own bank and posts totals on settlement sheet.
• Totals debit and credit columns and computes net balance.
• Submits sheet to clearinghouse for verification.
• May maintain telephone contact with bank personnel and others to locate missing checks, correct errors, and reconcile differences in records.