"MARGIN CLERK I"
Job Description and Jobs
- 1) Compiles data, using computer, to determine customer margin 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.
- 2) Notifies REGISTERED REPRESENTATIVE or other workers when customer margin is less than government regulations or brokerage firm requirements.
- 3) May solve customer margin account problems, using customer account information and transaction records.
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Job Number: 6268