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Money Market Clerk

Also known as Scrip Clerk (Stockbroking), Securities Clerk.

Processes documentation and maintains records of securities transactions and registrations.


Tasks Include:


  • obtaining information on the form of competitors by research, attending race trials and liaising with contacts
  • offering and varying odds on competitors after considering the type of event, handicaps, weather conditions and odds offered by other Bookmakers
  • processing insurance applications, adjustments to insurance cover, standard endorsements and insurance claims
  • monitoring balances of accounts and summarising reinsurance to determine outstanding risk
  • surveying potential risk exposure
  • despatching notices of premiums due and forms concerning conservation and transfer of insurance
  • reviewing, checking, verifying and issuing transaction documentation for securities
  • claiming accruing dividends and processing dividend payments
  • compiling statistics from financial records, survey returns and other data sources, and verifying the authenticity of the material
  • operating computers to input, manipulate and output information
  • compiling results of calculations into tables, graphs and charts to be used in analysis
Job prospects for Insurance, Money Market and Statistical Clerks in Victoria

Occupations in the Insurance, Money Market and Statistical Clerks group include Bookmaker, Insurance Consultant, Money Market Clerk and Statistical Clerk.

Employment prospects
There are currently 9,000 Insurance, Money Market and Statistical Clerks in Victoria. Over the next five years, the size of this relatively large occupation is expected to remain similar. Employment prospects for the next five years are good.

Average weekly wage
$1,132.20

Hourly earnings
$30.40

For more information about this occupation at a national level visit the Job Outlook website. External link

Related courses
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Displaying 1 to 3 of 3 courses related to Money Market Clerk.
Government-subsidised training is marked with this symbol Government-subsidised training available

This unit is part of the Financial Services Training Package. It describes the performance outcomes, skills and knowledg...

This course is offered in 2 locations

This unit is part of the Financial Services Training Package. It describes the performance outcomes, skills and knowledg...

This course is offered in 2 locations

This unit is part of the Financial Services Training Package. It describes the performance outcomes, skills and knowledg...

This course is offered in 2 locations

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