Margin Clerk jobs in Los Angeles, CA
Margin Clerk 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. Being a Margin Clerk researches customer margin account problems using customer account information and transaction records. May require an associate degree. Additionally, Margin Clerk typically reports to a supervisor or manager. The Margin Clerk works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Margin Clerk typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Recently Added Margin Clerk jobs
- D.A. Davidson Companies
-
Los Angeles, CA
FULL_TIME
-
Job Description:
Summary/Function:
Compute margin requirements to ensure compliance with industry and firm regulations and requirements. Participate in the bookkeeping and daily activities of the department to contribute to efficient and effective business operations. Compile financial data to determine customer margin (equity) in stock purchased.
Experience and Skills:Qualifications:
- High School diploma or comparable work experience. AA degree in accounting preferred.
- Ability to operate a computer and adding machine by touch.
- Strong computer skills to include Microsoft Outlook, Word and Excel.
- Strong organizational skills and attention to detail.
- Familiar with department policies and procedures.
- Strong communications skills, verbal and written.
- Strong customer service skills.
- Ability to troubleshoot and resolve problems.
- Working knowledge of House, SEC and Exchange margin and cash account requirements, safekeeping, segregation, etc.
- Follow policies and procedures. Maintain client confidentiality.
- Communicate in a clear and service oriented manner. Use appropriate, professional language and grammar to effectively exchange ideas and information.
- Ability to proactively work with both external and internal clients. Relate with others in a professional manner in order to accomplish work responsibilities and objectives.
- Ability to maintain regular, predictable attendance.
Duties:
- Compile data, using a computer, to determine customer margin (equity) in stocks purchased and total customer account value, and to compute the difference between purchase price of stock and present market value to show amount due to firm.
- Notify Financial Advisor (FA) and supervisor when customer margin is lees that government regulations or firm requirements. Resolve customer margin account problems using customer account information and transaction records.
- Work closely with FAs, Client Associates and clients in all accounting, bookkeeping and day to day activities of the department to include:
- Make journal entries and adjustments to client and firm accounts. Review activity for proper approvals.
- Balance mid-month payroll write off accounts.
- Balance end of month trade error accounts.
- Post checks out of client accounts. Print checks and distribute them based on branch instructions.
- Deposit incoming funds to client accounts. Process daily check deposits.
- Approve check and Fed Wire transfers for clients.
- Perform any other duties as assigned.
What we offer:
Competitive salary plus excellent benefits and perks including, but not limited to:
- Medical, Dental and Vision
- Company 401(k)and ESOP contribution
- Generous sick, vacation, and maternity/parental leave
- Paid holidays
- Professional Development Opportunities
- Tuition Reimbursement ($15,000 lifetime cap)
- Discounted personal insurance including home, auto and recreational vehicles
- Charitable gift-matching program
- Davidson Day of Giving - Our tradition of positively impacting communities in which we live and work.
D.A. Davidson has been in business for over 87 years! As an employee-owned company, our success is driven by our high standards of business ethics, integrity, and the belief that our Associates are our most important assets. We hope you will consider joining us!
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
From: D.A. Davidson Companies - 22 Days Ago
- YesCare
-
Baltimore, MD
OTHER
- Experience & Requirements High school graduate or equivalent with one year experience in a healthcare environment. Subject to initial and ongoing security clearance requirements. A background check, s...
- 19 Days Ago
- El Super
-
Inglewood, CA
FULL_TIME
- Tortilleria Clerk USO Inglewood, CA Under direct supervision, the Tortilleria Clerk provides friendly, courteous and helpful service. This position will assist customers, clean, fill and rotate tortil...
- Just Posted
- Chicanos Por La Causa
-
Los Angeles, CA
FULL_TIME
- POSITION SUMMARY *** Please note: This is a Full-Time in office position. The Clerk position provides a wide range of administrative support and organizational assistance to the Regional Office Coordi...
- Just Posted
- ABM US
-
Los Angeles, CA
FULL_TIME
- This position is responsible for basic office administrative tasks, including corresponding directly operation manager, vendors and staff, answering phones, filing, data entry, ordering supplies, and ...
- 2 Days Ago
- BHC Alhambra Hospital
-
Rosemead, CA
FULL_TIME
- Responsibilities: BHC Alhambra Hospital Human Resources Clerk Are you caring, compassionate and hardworking? Apply today to join our amazing team! BHC Alhambra Hospital is located in the beautiful cit...
- 5 Days Ago
- Current Active Filter
- Los Angeles, CA
Clear All
- Filter Jobs By posted time
- Within 1 Day
- Within 2-7
- Within 1 Month
- Within 3 Months
0 Margin Clerk jobs found in Los Angeles, CA area
- D.A. Davidson
-
Los Angeles, CA
- Back to job search Job Description Summary/Function: Compute margin requirements to ensure compliance with industry and ...
- 4/26/2024 12:00:00 AM
- Old Dominion Freight Line, Inc.
-
Orange, CA
- Are you someone who never rests on their laurels, always strives to go above and beyond, and is committed to keeping you...
- 4/26/2024 12:00:00 AM
- Fresh Form Draft
-
Los Angeles, CA
- Office Clerk Department: TMZ Events Employment Type: Full Time Location: Los Angeles, CA Compensation: $32,000 - $40,000...
- 4/26/2024 12:00:00 AM
- APR Consulting
-
Baldwin Park, CA
- An energy and utilities client is looking for an Administrative Support Assistant who will handle a high volume of compl...
- 4/25/2024 12:00:00 AM
- Newmark
-
Santa Monica, CA
- Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real est...
- 4/24/2024 12:00:00 AM
- Gastroenterology Medical Of Los Ang
-
Monterey Park, CA
- Job Description Job Description In Office Position in Medical Office - Monterey Park, CA General Work Activities: • Open...
- 4/24/2024 12:00:00 AM
- ABC Legal Services, LLC
-
Los Angeles, CA
- ** Administrative Support Specialist at ABC Legal** If interested in this job, please submit an application **Administra...
- 4/23/2024 12:00:00 AM
- Kinetic Personnel Group
-
Cerritos, CA
- Job Description Job Description Office equipment distributor in Cerritos, CA is currently hiring for an Office Clerk to ...
- 4/23/2024 12:00:00 AM
About Los Angeles, California
were up 3.2% from a year ago