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Becoming a Money Market Clerk
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Becoming a Money Market Clerk

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Also known as Scrip Clerk (Stockbroking), Securities Clerk.
Processes documentation and maintains records of securities transactions and registrations.
Training time - No data available -
Avg. weekly wage $1,132
Employment prospects Strong
Employment size 9,000

What does a Money Market Clerk do?

  • 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

Related courses

Displaying 1 to 3 of 3 courses related to Money Market Clerk.
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