- Brokerage clerks perform a number of clerical duties pertaining to transactions involving securities, such as stocks, bonds, commodities, and other kinds of investments.
- Duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.
- Industry consolidation and increased automation of securities transactions through electronic networks will reduce the need for brokerage clerks.
- Additionally, clerks are often seen as reducing profits as they don’t bring in customers, thus making them particularly susceptible to layoffs and downsizing.
- Those with job related experience or a 2-year or 4-year degree should have the best opportunities.
Bill and account collectors; Billing and posting clerks and machine operators, bookkeeping, accounting, and auditing clerks; Tellers
This career information is drawn from data provided by the U.S. Department of Labor.