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Job Description:

  • 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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End Of Job Description for: "MARGIN CLERK I"
DOT:   216.362-042

Job Number: 6268