Professional brokerage clerks handle a high volume of duties that relate to the buying, holding and selling of securities. They handle stock orders while also managing various tax issues and tracking market fluctuations.
When creating a professional brokerage clerk job description template, there are a number of important issues that should be made clear. You’ll want applicants to have a strong grasp of both mathematics and economics. You should also point out that computer literacy is vital in this type of work, and knowledge of particular software and programs is a huge plus.
While brokerage clerks spend plenty of time crunching numbers and analyzing the market, these workers also have to have strong communication skills and enjoy working as part of a team. Use the brokerage clerk job description template below to get a better idea of how you can accurately define the position you’re hiring for.
Brokerage Clerk Job Summary
We’re looking for someone who is smart, driven and has an insatiable interest in the stock market to come on as our new brokerage clerk. If you can’t stop reading about market trends and have a knack for analyzing securities and investment strategies, this is a great job for you. You’ll work directly with our clients and other key personnel, helping us make customers happy and forge new relationships that will allow our firm to flourish. You’ll be on the ground floor of a growing company and take part in a number of exciting and important decisions. This position offers plenty of opportunity for growth, as well as excellent base pay and great incentives.
- Address inquiry emails and calls from potential customers and enter relevant information into CRM database
- Follow up on leads established by yourself and other coworkers, and note any change in client status after communication
- Keep extremely detailed records of all trading transactions, including purchases, sales and any other updates in holdings
- Input ledgers and notes into the company database and update all outdated information relating to clients, contacts and existing accounts
- Collect data that can be used by colleagues to inform future decisions, and then track and record any adjustments related to that analysis
- Prepare and deliver documentation such as receipts, withdrawal forms and transfer confirmations, and then update client statuses as necessary
- Maintain office equipment and replenish supplies such as pens, envelopes, printer paper and toner when needed
- Organize financial records for tax purposes, making sure all documents are kept in the appropriate section and properly categorized
Job Skills & Qualifications
- High school diploma or equivalent
- Minimum two years of on-the-job training
- Superior organization and notation skills
- Strong computing skills
- Good written and oral communication skills
- Energetic and proactive
- Strong customer service skills
Brokerage Clerk Job Responsibilities
Just as you don’t want to review resumes from unqualified job candidates, jobseekers don’t want to apply for positions for which they aren’t qualified. When creating the job description, establishing clearly defined job duties is critical to both the employer and potential applicants, and the place to do that is in the brokerage clerk job responsibilities section. When you are writing the brokerage clerk job description, be sure to use phrasing that is clear, concise and easily understandable to help candidates identify whether they can perform the tasks necessary for the position.
It’s helpful to use a bullet list in the job responsibilities section of the brokerage clerk job description. Lists are easy to scan, and they help jobseekers picture themselves working in the position, especially when you begin each bullet point with a strong action verb specific to the task. This is the most substantial part of the job description, but be careful not to overdo it. Focus on the core responsibilities and duties and include no more than eight bullet points.
Here are a few examples of brokerage clerk daily activities:
- Write orders for holding, buying and selling securities and verify transactions
- Figure transfer taxes and equity
- Track variables in stock prices
- Accept and distribute securities
- Maintain accurate records of daily transactions
- Deliver dividends to stock holders
Brokerage Clerk Job Specifications
The job qualifications and skills section of the job description defines specific conditions jobseekers must meet. A brokerage clerk needs to have a unique background that includes both financial and clerical knowledge in order to perform well in this position. It’s to your benefit to include details in the brokerage clerk job description that can help you quickly weed out unqualified applicants.
Before you begin writing, take time to discuss the brokerage clerk job description with those who will be interviewing applicants, whether it be a committee or hiring manager. Enlist their help in developing a list of specific qualifications and skills to include. You need to understand which job skills a candidate must have, as well as preferred skills. Separating the skills in this way can help guarantee that applicants and hiring managers are on the same page.
Here are some examples of brokerage clerk job specifications that you may include:
- Thorough understanding of accounting and economic principles, as well as financial markets and banking
- Capable of understanding, analyzing and reporting financial data to colleagues and clients
- Clerical skills, including file management, stenography, transcription and word processing
- Knowledgeable in arithmetic, algebra, geometry, calculus and statistics and how to apply them
- Proficient in creating and updating databases and developing reports to communicate information to others