Brokerage Clerks

Carry out responsibilities associated with the acquisition, disposition, or maintenance of securities. Stock purchase and sell orders must be written, transfer taxes must be computed, stock transactions must be verified, and stocks must be accepted and delivered.

Career Snapshot

ABOUT BROKERAGE CLERK CAREERS
Video transcript

Wading through the frenzy of the trading floor or surrounded by computers humming miles away from Wall Street, brokerage clerks track the progress of every player in the game of high finance. Their wide-ranging responsibilities in this growing field all involve computing and recording data on securities transactions.

The most common type of brokerage clerk is called the broker's assistant, or sale's assistant. This clerk interfaces with clients and handles the paperwork for securities purchases and sales and other account records. They're knowledgeable about investment products and can explain them clearly.

Other brokerage clerks specialize in tracking and organizing the sales and purchases of every stock, bond, commodity, or other investment product offered by a securities firm. It's all managed by customized computer software.

A high school diploma can suffice for brokerage clerk positions that are primarily clerical. A bachelor's degree is preferred for job categories requiring a deeper understanding of finance. Many brokerage firms hire college graduates for entry-level clerical jobs and promote them into management positions as their skills develop. This is a field that requires focus, confidence, financial savvy, communication skills, and energy.

Employment Projections

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Wages


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Characteristics

Dealing and handling conflicts
Physical demands
Exposure to job hazards
Exposure to extreme environmental conditions
Comfort of the work setting
Work closely with team members, clients etc.
Communication with others
Competition for this position
Job challenge and pressure to meet deadlines
Level of responsibilities
Critical decision making
Leadership

Activities

Communicating with Persons Outside Organization Know More
Establishing and Maintaining Interpersonal Relationships Know More
Evaluating Information to Determine Compliance with Standards Know More
Getting Information Know More
Interacting With Computers Know More
Making Decisions and Solving Problems Know More
Processing Information Know More
Updating and Using Relevant Knowledge Know More

Areas of Study

Clerical Know More
Computers and Electronics Know More
Customer and Personal Service Know More
Economics and Accounting Know More
English Language Know More
Law and Government Know More
Mathematics Know More
Sales and Marketing Know More

Degrees

Colleges

Top Skills

Active Listening Know More
Critical Thinking Know More
Judgment and Decision Making Know More
Monitoring Know More
Reading Comprehension Know More
Speaking Know More
Time Management Know More
Writing Know More