Margin Clerk 1: A description for the margin clerk 1 job

Clerical And Sales Jobs » Computing And Account Recording Jobs » Accounting And Statistical Clerks » Margin Clerk 1

Margin Clerk 1: Compiles data, using computer, to determine customer margin (equity) in stock purchased: Totals customer accounts and computes difference between purchase price of stock and present market value, using calculator, to show amount due for brokerage fees. Notifies REGISTERED REPRESENTATIVE (financial industry) 250.257-018 or other workers when customer margin is less than government regulations or brokerage firm requirements. May also solve customer margin account problems, using customer account information and transaction records.

Job industry: financial industry

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