AI Risk Logo

Credit Authorizers, Checkers, and Clerks

High74.20%
Salary Range
Low (10th %)$32,950
Median$48,000
High (90th %)$65,460

AI Prompt Guides for Credit Authorizers, Checkers, and Clerks

Unlock expert prompt guides tailored for this Credit Authorizers, Checkers, and Clerks. Get strategies to boost your productivity and results with AI.

AI Prompt Tool for Credit Authorizers, Checkers, and Clerks

Experiment with and customize AI prompts designed for this occupation. Try, edit, and save prompts for your workflow.

Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial data, determine credit worthiness, process applications, and notify customers of acceptance or rejection of credit.

The occupation “Credit Authorizers, Checkers, and Clerks” faces a substantial automation risk, currently estimated at 74.2%. The base risk for this role stands at 75.0%, reflecting the fact that many of the job’s core functions are highly structured and follow predictable procedures. Advances in artificial intelligence, data analytics, and financial software facilitate the automation of foundational responsibilities, allowing businesses to process credit applications and monitor transactions with minimal human intervention. This high risk is influenced by the specific nature of the work: much of it can be standardized, which computers and automated platforms handle efficiently. Employers are increasingly turning to these technologies to reduce costs, increase productivity, and enhance accuracy. The top three most automatable tasks in this field are: “Keep records of customers' charges and payments,” “Compile and analyze credit information gathered by investigation,” and “Obtain information about potential creditors from banks, credit bureaus, and other credit services, and provide reciprocal information if requested.” Each of these tasks relies on the systematic processing of data, retrieval from databases, and direct communication with digital record-keeping systems—all of which are well within the scope of current automation technologies. Automated systems can record payments, pull information from external sources, and perform basic data analysis with few errors and high efficiency, further undermining the need for a human workforce in performing these essential job duties. However, some aspects of credit authorization work remain notably more resistant to automation. Tasks such as “Review individual or commercial customer files to identify and select delinquent accounts for collection,” “Prepare reports of findings and recommendations,” and “Contact former employers and other acquaintances to verify applicants' references, employment, health history, or social behavior” require higher levels of judgment, critical thinking, and nuanced interpersonal communication. These often involve the integration of disparate forms of information and subtle decision-making that current AI systems struggle to fully replicate. The key bottleneck skill identified for this occupation is “Originality,” which is measured at a low 2.1%. This low percentage suggests that while some creative judgment is required in the role, the majority of functions are routine, hence why automation risk remains high despite the existence of more resistant tasks.

Filter by Automatable Status
Keep records of customers' charges and payments.
Automatable
Compile and analyze credit information gathered by investigation.
Partially Automatable
Interview credit applicants by telephone or in person to obtain personal and financial data needed to complete credit report.
Partially Automatable
Evaluate customers' computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
Automatable
File sales slips in customers' ledgers for billing purposes.
Automatable
Receive charge slips or credit applications by mail, or receive information from salespeople or merchants by telephone.
Partially Automatable
Mail charge statements to customers.
Automatable
Examine city directories and public records to verify residence property ownership, bankruptcies, liens, arrest record, or unpaid taxes of applicants.
Partially Automatable
Relay credit report information to subscribers by mail or by telephone.
Automatable
Prepare credit cards or charge account plates.
Partially Automatable
Call customers to collect payment on delinquent accounts.
Partially Automatable
Consult with customers to resolve complaints or verify financial or credit transactions.
Partially Automatable
Prepare reports of findings and recommendations.
Partially Automatable
Review individual or commercial customer files to identify and select delinquent accounts for collection.
Automatable
Obtain information about potential creditors from banks, credit bureaus, and other credit services, and provide reciprocal information if requested.
Automatable
Contact former employers and other acquaintances to verify applicants' references, employment, health history, or social behavior.
Partially Automatable

Inspecting Equipment, Structures, or MaterialsMonitoring Processes, Materials, or SurroundingsEstimating the Quantifiable Characteristics of Products, Events, or InformationGetting InformationIdentifying Objects, Actions, and EventsJudging the Qualities of Objects, Services, or PeopleProcessing InformationEvaluating Information to Determine Compliance with StandardsAnalyzing Data or InformationUpdating and Using Relevant KnowledgeDeveloping Objectives and StrategiesScheduling Work and ActivitiesOrganizing, Planning, and Prioritizing WorkPerforming General Physical ActivitiesHandling and Moving ObjectsControlling Machines and ProcessesOperating Vehicles, Mechanized Devices, or EquipmentWorking with ComputersRepairing and Maintaining Electronic EquipmentDocumenting/Recording InformationDrafting, Laying Out, and Specifying Technical Devices, Parts, and EquipmentInterpreting the Meaning of Information for OthersCommunicating with Supervisors, Peers, or SubordinatesCommunicating with People Outside the OrganizationRepairing and Maintaining Mechanical EquipmentEstablishing and Maintaining Interpersonal RelationshipsAssisting and Caring for OthersSelling or Influencing OthersResolving Conflicts and Negotiating with OthersPerforming for or Working Directly with the PublicCoordinating the Work and Activities of OthersDeveloping and Building TeamsTraining and Teaching OthersGuiding, Directing, and Motivating SubordinatesCoaching and Developing OthersProviding Consultation and Advice to OthersPerforming Administrative ActivitiesStaffing Organizational UnitsMonitoring and Controlling ResourcesMaking Decisions and Solving ProblemsThinking Creatively

Financial Managers
Medium52.15%
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Accountants and Auditors
Medium50.98%
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Credit Analysts
Medium60.56%
Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.
Personal Financial Advisors
Medium51.60%
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
Financial Examiners
Medium47.79%
Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.
Credit Counselors
Medium58.89%
Advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explain loan requirements or restrictions. May help develop debt management plans or student financial aid packages. May advise on credit issues, or provide budget, mortgage, bankruptcy, or student financial aid counseling.
Loan Officers
Medium61.78%
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
Tax Examiners and Collectors, and Revenue Agents
Medium59.98%
Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Securities, Commodities, and Financial Services Sales Agents
High72.23%
Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions.
Bill and Account Collectors
Medium65.81%
Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account, preparing statements to credit department if customer fails to respond, initiating repossession proceedings or service disconnection, and keeping records of collection and status of accounts.
Billing and Posting Clerks
High79.60%
Compile, compute, and record billing, accounting, statistical, and other numerical data for billing purposes. Prepare billing invoices for services rendered or for delivery or shipment of goods.
Bookkeeping, Accounting, and Auditing Clerks
High84.94%
Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
Tellers
High75.92%
Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
Brokerage Clerks
High79.00%
Perform duties related to the purchase, sale, or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.
Correspondence Clerks
High78.29%
Compose letters or electronic correspondence in reply to requests for merchandise, damage claims, credit and other information, delinquent accounts, incorrect billings, or unsatisfactory services. Duties may include gathering data to formulate reply and preparing correspondence.
Customer Service Representatives
High68.30%
Interact with customers to provide basic or scripted information in response to routine inquiries about products and services. May handle and resolve general complaints. Excludes individuals whose duties are primarily installation, sales, repair, and technical support.
Eligibility Interviewers, Government Programs
High66.78%
Determine eligibility of persons applying to receive assistance from government programs and agency resources, such as welfare, unemployment benefits, social security, and public housing.
Loan Interviewers and Clerks
High69.88%
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
New Accounts Clerks
High67.67%
Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
Insurance Claims and Policy Processing Clerks
High81.10%
Process new insurance policies, modifications to existing policies, and claims forms. Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and related documents, and company records. Update existing policies and company records to reflect changes requested by policyholders and insurance company representatives.
Claims Adjusters, Examiners, and Investigators
Medium51.05%
Review settled claims to determine that payments and settlements are made in accordance with company practices and procedures. Confer with legal counsel on claims requiring litigation. May also settle insurance claims.
Insurance Appraisers, Auto Damage
Medium56.43%
Appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Prepare insurance forms to indicate repair cost or cost estimates and recommendations. May seek agreement with automotive repair shop on repair costs.
Appraisers of Personal and Business Property
Medium58.93%
Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.
Appraisers and Assessors of Real Estate
Medium57.53%
Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.
Insurance Underwriters
Medium56.34%
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Tax Preparers
Medium65.75%
Prepare tax returns for individuals or small businesses.
Fraud Examiners, Investigators and Analysts
Medium44.97%
Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
Title Examiners, Abstractors, and Searchers
Medium60.33%
Search real estate records, examine titles, or summarize pertinent legal or insurance documents or details for a variety of purposes. May compile lists of mortgages, contracts, and other instruments pertaining to titles by searching public and private records for law firms, real estate agencies, or title insurance companies.
Private Detectives and Investigators
Medium45.72%
Gather, analyze, compile, and report information regarding individuals or organizations to clients, or detect occurrences of unlawful acts or infractions of rules in private establishment.
Gambling and Sports Book Writers and Runners
Medium64.67%
Post information enabling patrons to wager on various races and sporting events. Assist in the operation of games such as keno and bingo. May operate random number-generating equipment and announce the numbers for patrons. Receive, verify, and record patrons' wagers. Scan and process winning tickets presented by patrons and pay out winnings for those wagers.
Gambling Change Persons and Booth Cashiers
Medium64.71%
Exchange coins, tokens, and chips for patrons' money. May issue payoffs and obtain customer's signature on receipt. May operate a booth in the slot machine area and furnish change persons with money bank at the start of the shift, or count and audit money in drawers.
Insurance Sales Agents
Medium58.36%
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Real Estate Brokers
Medium50.81%
Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.
Gambling Cage Workers
Medium65.51%
In a gambling establishment, conduct financial transactions for patrons. Accept patron's credit application and verify credit references to provide check-cashing authorization or to establish house credit accounts. May reconcile daily summaries of transactions to balance books. May sell gambling chips, tokens, or tickets to patrons, or to other workers for resale to patrons. May convert gambling chips, tokens, or tickets to currency upon patron's request. May use a cash register or computer to record transaction.
Payroll and Timekeeping Clerks
High77.74%
Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

AI Readiness Accelerator

A practical course designed for small and medium businesses to master AI and automation. Learn how to identify opportunities, implement AI tools, and streamline your operations for a future-proof business. No technical background required!

Learn More

AI Prompt Guides

Unlock industry- and job-specific prompt guides to get the most out of AI tools. Our guides are tailored for your sector and role, helping you craft effective prompts for real-world results. Stay ahead with expert strategies!

Browse Guides

AI Prompt Tool

Find, try, and share expert prompts and automations for key jobs and tasks. Access a growing library from our experts and the community, and test prompts with your own data. Discover new ways to automate and innovate!

Try the Tool