National

Perform clerical duties involving the purchase or sale of securities. Duties include writing orders for stock purchases and 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.

Sample of reported job titles: Sales Assistant, Registered Sales Assistant, Client Service Associate, Account Administrator, Registered Account Administrator, Clerk, Client Administrator, Operations Clerk

Tasks

• Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, and resolve account problems.
• Record and document security transactions, such as purchases, sales, conversions, redemptions, and payments, using computers, accounting ledgers, or certificate records.
• Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers.
• Prepare forms, such as receipts, withdrawal orders, transmittal papers, and transfer confirmations, based on transaction requests from stockholders.
• File, type, and operate standard office machines.
• Monitor daily stock prices and compute fluctuations to determine the need for additional collateral to secure loans.
• Compute total holdings, dividends, interest, transfer taxes, brokerage fees, and commissions and allocate appropriate payments to customers.
• Prepare reports summarizing daily transactions and earnings for individual customer accounts.
• Verify ownership and transaction information and dividend distribution instructions to ensure conformance with governmental regulations, using stock records and reports.

back to top

Tools & Technology

Tools used in this occupation:

Technology used in this occupation: