Money Market Clerk

Overview

Processes documentation and maintains records of securities transactions and registrations.

Skills

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below. AQF Certificate II or III (ANZSCO Skill Level 4)

Tasks

• 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
• may work in a call centre

Alternative Titles

• Scrip Clerk (Stockbroking)
• Securities Clerk

Related Occupations

• Bookmaker
• Insurance Consultant
• Statistical Clerk