Other names for this job might include Account Administrator, Broker Assistant, Brokerage Purchase-and-Sale Clerk, Client Associate, Client Service Associate, Client Service Representative, Commodities Clerk, Coupon Clerk, Dividend Clerk, Information Clerk Brokerage
In this career summary, you will find out what the job of A Brokerage Clerk is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
Brokerage Clerks 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.
Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
Document security transactions, such as purchases, sales, conversions, redemptions, or payments, using computers, accounting ledgers, or certificate records.
File, type, or operate standard office machines.
Perform clerical tasks, such as answering phones or distributing mail.
Brokerage Clerks with little to no experience tend to make between $32150 and $38970 while the more experienced ones make over $61230 per year.
Top 5 paying states
1 of the easiest ways to increase your salary as A Brokerage Clerk is to move to a higher paying state like NY. Right now, the highest paying states for Brokerage Clerks are NY, DC, CA, MD and CT.
However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be 2x higher than where you are currently at now.
3 other factors that can increase your salary as A Brokerage Clerk is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).
They 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.
They 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.
They provide high-level administrative support by conducting research, preparing statistical reports, handling information requests, and performing clerical functions such as preparing correspondence, receiving visitors, arranging conference calls, and scheduling meetings. May also train and supervise lower-level clerical staff.
Brokerage Clerks job description, Brokerage Clerks salary, Brokerage Clerks information, what is the job of a Brokerage Clerk like, pros and cons about Brokerage Clerks, colleges and universities for Brokerage Clerks, is Brokerage Clerks the right career for me, Medium careers to get into, careers in Office and Administration
http://www.bls.gov/OOH/office-and-administrative-support/financial-clerks.htm http://www.aba.com/ https://www.mba.org/
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