Also known as Account Administrator, Client Associate, Client Service Associate, Operations Clerk, Operations Coordinator, Registered Account Administrator, Registered Sales Assistant, Sales Assistant, Sales Trader, Trading Assistant
Also known as Account Administrator, Client Associate, Client Service Associate
Brokerage Clerks perform duties related to the purchase, sale, or holding of securities.
In addition, Brokerage Clerks 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.
Brokerage Clerks are often responsible for overseeing or executing some or all of the following tasks:
The above responsibilities are specific to Brokerage Clerks. More generally, Brokerage Clerks are involved in several broader types of activities:
The median salary for a Brokerage Clerk is $55,270, and the average salary is $58,460. Both the median and average roughly describe the middle of the Brokerage Clerk salary range, but the average is more easily affected by extremely high or low salaries.
Many Brokerage Clerks earn significantly more or less than the average, due to several factors. About 10% of Brokerage Clerks earn less than $37,100 per year, 25% earn less than $45,280, 75% earn less than $67,420, and 90% earn less than $83,260.
Between the years of 2020 and 2030, the number of Brokerage Clerks is expected to change by -9.7%, and there should be roughly 4,200 open positions for Brokerage Clerks every year.
Career interests describe a person's preferences for different types of working environments and activities. When a person's interest match the demands of an occupation, people are usually more engaged and satisfied in that role.
Compared to most occupations, those who work as a Brokerage Clerk are usually higher in their Conventional and Enterprising interests.
Brokerage Clerks typically have very strong Conventional interests. Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Also, Brokerage Clerks typically have strong Enterprising interests. Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
People differ in their values, or what is most important to them for building job satisfaction and fulfillment.
Compared to most people, those working as a Brokerage Clerk tend to value Relationships, Support, and Independence.
Most importantly, Brokerage Clerks strongly value Relationships. Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment.
Second, Brokerage Clerks strongly value Support. Occupations that satisfy this work value offer supportive management that stands behind employees.
Lastly, Brokerage Clerks moderately value Independence. Occupations that satisfy this work value allow employees to work on their own and make decisions.
Each occupation brings its own set of psychological demands, which describe the characteristics necessary to perform the job well.
In order to perform their job successfully, people who work as Brokerage Clerks must consistently demonstrate qualities such as dependability, integrity, and attention to detail.
Below, you'll find a list of qualities typically required of Brokerage Clerks, ranked by importance:
Brokerage Clerks often have training in vocational schools, related on-the-job experience, or an associate's degree.
Brokerage Clerks usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with this occupation.
Brokerage Clerks may benefit from understanding of specialized subject areas, such as customer and personal service, mathematics, or computers and electronics knowledge.
The list below shows several areas in which most Brokerage Clerks might want to build proficiency, ranked by importance.
Brokerage Clerks must develop a particular set of abilities to perform their job well. Abilities are individual capacities that influence a person's information processing, sensory perception, motor coordination, and physical strength or endurance. Individuals may naturally have certain abilities without explicit training, but most abilities can be sharpened somewhat through practice.
For example, Brokerage Clerks need abilities such as oral comprehension, oral expression, and near vision in order to perform their job at a high level. The list below shows several important abilities for Brokerage Clerks, ranked by their relative importance.
Skills are developed capacities that enable people to function effectively in real-world settings. Unlike abilities, skills are typically easier to build through practice and experience. Skills influence effectiveness in areas such as learning, working with others, design, troubleshooting, and more.
Brokerage Clerks frequently use skills like speaking, active listening, and reading comprehension to perform their job effectively. The list below shows several critical skills for Brokerage Clerks, ranked by their relative importance.
The information provided on this page is adapted from data and descriptions published by the U.S. Department of Labor, Employment and Training Administration under the CC BY 4.0 license. TraitLab has modified some information for ease of use and reading, and the U.S. Department of Labor, Employment, and Training Administration has not approved, endorsed, or tested these modifications.
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