How much does a Margin Clerk II make in the United States? The average Margin Clerk II salary in the United States is $47,353 as of May 28, 2024, but the range typically falls between $45,070 and $51,241. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Margin Clerk II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Margin Clerk II Salary $42,993 US May 28, 2024
25th Percentile Margin Clerk II Salary $45,070 US May 28, 2024
50th Percentile Margin Clerk II Salary $47,353 US May 28, 2024
75th Percentile Margin Clerk II Salary $51,241 US May 28, 2024
90th Percentile Margin Clerk II Salary $54,781 US May 28, 2024
25% $45,070 10% $42,993 90% $54,781 75% $51,241 $47,353 50%(Median) Didn’t find job title? Click
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What skills does a Margin Clerk II need?

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.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Mutual Fund: A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

3.

SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).

Customer Service 5.71%
Mutual Fund 2.86%
SQL 2.86%
Others 88.57%
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Job Description for Margin Clerk II

Margin Clerk II 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 II researches customer margin account problems using customer account information and transaction records. May require an associate degree. Additionally, Margin Clerk II typically reports to a supervisor or manager. The Margin Clerk II works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Margin Clerk II typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Margin Clerk II
  • Description. About the Role. The Billing Clerk II is responsible for creating and processing invoices, credit memos, and other billing documents, as well a...
    - 2 Days Ago
  • General Manufacturing Clerk II- Training. Work Mode: Onsite. Location:  Sheridan, AR. . Opportunity. Want to build a career you can be proud of. Kohler Co....
    - 1 Day Ago
  • Spalding Consulting, Inc. is seeking a Accounting Clerk II in Patuxent River, MD. Spalding Consulting, Inc. is a professional services company delivering c...
    - 1 Day Ago
  • Candidate will be trained in using the Defense Travel System (DTS) and will provide travel support to include: Identifying and selecting flights, hotels, a...
    - 1 Day Ago
  • Candidate will be trained in using the Defense Travel System (DTS) and will provide travel support to include: Identifying and selecting flights, hotels, a...
    - Just Posted

Career Path for Margin Clerk II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Margin Clerk II, the first career path typically starts with a Stock Loan Clerk III position, and then Stock Loan Manager I.

The second career path typically progresses to Floor Operations Manager.

The third career path typically progresses to Foreign Exchange Manager.

Additionally, the fourth career path typically starts with a Margin Clerk III position, and then progresses to Margin Department Supervisor.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Margin Clerk II salary varies from city to city. Compared with national average salary of Margin Clerk II, the highest Margin Clerk II salary is in San Francisco, CA, where the Margin Clerk II salary is 25.0% above. The lowest Margin Clerk II salary is in Miami, FL, where the Margin Clerk II salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total compensation opportunity for a Margin Clerk II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
45070
51241
47353

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
46887
53383
50651
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Margin Clerk II in the United States. The base salary for Margin Clerk II ranges from $45,070 to $51,241 with the average base salary of $47,353. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,887 to $53,383 with the average total cash compensation of $50,651.
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45070
51241

 

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Skills associated with Margin Clerk II: Securities Laws and Regulations, Inquiry Research/Response, Brokerage Trading Software

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Margin Clerk II Salary in United States
Margin Clerk II Salary Graph, Regional Distribution and Summary