1. What is the average salary of a Margin Clerk I?
The average annual salary of Margin Clerk I is $44,253.
In case you are finding an easy salary calculator,
the average hourly pay of Margin Clerk I is $21;
the average weekly pay of Margin Clerk I is $851;
the average monthly pay of Margin Clerk I is $3,688.
2. Where can a Margin Clerk I earn the most?
A Margin Clerk I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Margin Clerk I earns the most in San Jose, CA, where the annual salary of a Margin Clerk I is $55,538.
3. What is the highest pay for Margin Clerk I?
The highest pay for Margin Clerk I is $52,336.
4. What is the lowest pay for Margin Clerk I?
The lowest pay for Margin Clerk I is $32,249.
5. What are the responsibilities of Margin Clerk I?
Margin Clerk I compiles data and determines customer margin in stock purchased. Determines brokerage fees and notifies supervisor when customer margin is less than government regulations or brokerage firm requirements. Being a Margin Clerk I researches customer margin account problems using customer account information and transaction records. May require an associate degree. Additionally, Margin Clerk I typically reports to a supervisor or manager. The Margin Clerk I works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Margin Clerk I typically requires 1-3 years of related experience.
6. What are the skills of Margin Clerk I
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
2.)
Professional Development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.
3.)
Market Pricing: Setting the price of a product or service according to the current market price to ensure the business remains competitive while still growing ROI.