Record transfer of securities and corrects problems related to transfer.
What does a Transfer Clerk do?
Records transfer of securities and corrects problems related to transfer: Enters information, such as type and amount of securities that client wishes to purchase or sell, into computer terminal. Reviews client instructions for transfer of securities. Examines securities certificates to verify that information is correct, and mails certificates to department or company specializing in transfer of securities certificates. Receives new certificates from department or company, and sends certificates to client to complete transfer. Talks with coworkers, including REGISTERED REPRESENTATIVES 250.257-018 to correct problems related to transfer of securities.