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Illinois Level I Margin Clerk Salaries
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Job Description
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Margin Clerk I
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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. Researches customer margin account problems using customer account information and transaction records. May require an associate's degree and 0-2 years of experience in the field or in a related area. Familiar with standard concepts, practices, and procedures within a particular field. Relies on limited experience and judgment to plan and accomplish goals. Performs a variety of tasks. Works under immediate supervision. A certain degree of creativity and latitude is required. Typically reports to a supervisor or manager.
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