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Margin Clerk I

Compile data to determine customer margins in stocks purchased.

What does a Margin Clerk I do?

Compiles data, using computer, to determine customer margin in stock purchased: Totals customer accounts and computes difference between purchase price of stock and present market value, using calculator, to show amount due for brokerage fees. Notifies REGISTERED REPRESENTATIVE 250.257-018 or other workers when customer margin is less than government regulations or brokerage firm requirements. May solve customer margin account problems, using customer account information and transaction records.