Will “Operations Clerk” be Replaced By Robots? 🤔
98% Chance of Automation
“Operations Clerk” will almost certainly be replaced by robots.
This job is ranked #688 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or 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.
Job Details
- The SOC (Standard Occupational Classification) code is 43-4011.00
- The Mean Annual Wage in the U.S. is $ 52,380.00
- The Mean Hourly Wage is $ 25.00
- Currently, there are 59,820 people on this job
☝️ Information based on the reference occupation “Brokerage Clerks”.
Also Known As…
- Brokerage Clerks
- Trading Assistant
- Sales Trader
- Sales Assistant
- Registered Sales Assistant
- Registered Account Administrator
- Operations Coordinator
- Client Service Associate
- Client Associate
- Account Administrator
- Transfer Clerk
- Transaction Processor
- Telephone Quotation Clerk
- Stock Clerk
- Securities Settlement Processor
- Securities Clerk
- Registered Associate
- Quotation Clerk
- Quotation Checker
- Portfolio Assistant
- OTC Clerk (Over the Counter Clerk)
- Operations Clerk
- Margin Clerk
- Information Clerk Brokerage
- Dividend Clerk
- Coupon Clerk
- Commodities Clerk
- Client Service Representative
- Client Administrator
- Brokerage Purchase-and-Sale Clerk
- Brokerage Coordinator
- Broker Assistant
Tasks for “Operations Clerk”
- Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers.
- Verify ownership and transaction information and dividend distribution instructions to ensure conformance with governmental regulations, using stock records and reports.
- Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
- Prepare forms, such as receipts, withdrawal orders, transmittal papers, or transfer confirmations, based on transaction requests from stockholders.
- Monitor daily stock prices and compute fluctuations to determine the need for additional collateral to secure loans.
- Document security transactions, such as purchases, sales, conversions, redemptions, or payments, using computers, accounting ledgers, or certificate records.
- Prepare reports summarizing daily transactions and earnings for individual customer accounts.
- Compute total holdings, dividends, interest, transfer taxes, brokerage fees, or commissions and allocate appropriate payments to customers.
- File, type, or operate standard office machines.
- Perform clerical tasks, such as answering phones or distributing mail.
Related Technology & Tools
- 10-key calculators
- Multi-line telephone systems
- Desktop computers
- Personal computers
- Data entry software
- Microsoft Outlook
- Scheduling software
- Microsoft Excel
- WiredRed Software e/pop Basic
- Microsoft PowerPoint
- HEAT Software GoldMine
- Instant messaging software
- Account management software
- Online trading software
- Microsoft Word
- Royal Alliance VISION2020 Core
- Spreadsheet software
- Transaction processing software
- Microsoft Visual FoxPro
- Web browser software
- Bloomberg Professional
- Microsoft Office