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Brokerage Clerks
Description
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.
Common Tasks
- Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
- Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers.
- Prepare forms, such as receipts, withdrawal orders, transmittal papers, or transfer confirmations, based on transaction requests from stockholders.
- File, type, or operate standard office machines.
- Monitor daily stock prices and compute fluctuations to determine the need for additional collateral to secure loans.
Required Education
High school diploma or equivalent
Wages
In 2016 the mean hourly wage in the Greater Sacramento area was $25.98 . The hourly rate for this occupation typically paid between $13.25 and $43.43 .
In 2016 the mean annual salary in the Greater Sacramento area was $54,053.32 . The annual salary for this occupation typically paid between $27,569.03 and $90,331.05 .
Occupation Outlook
This occupation employed 190 people in the Greater Sacramento area during 2014.
By 2024, there is expected to be an increase of 15.8% in the number of jobs in the Greater Sacramento area for this occupation, bringing to total number to 220.
By 2024, in the Greater Sacramento area, the median hourly rate for this occupation is expected to be $23.00 with the median annual salary reaching $49,039.
