How To Become A Margin Clerk: What It Is and Career Path

What is a margin clerk and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being a margin clerk. For example, did you know that they make an average of $15.94 an hour? That's $33,158 a year! Between 2018 and 2028, the career is expected to grow -5% and produce -77,200 job opportunities across the U.S.

ScoreMargin ClerkUS Average

Salary

2.6

Avg. Salary $33,158

Avg. Salary $59,228

Stability level

6.0

Growth rate -5%

Growth rate 0.3%

Diversity

2.6

Race

American Indian and Alaska Native 0.63%

Asian 5.04%

Black or African American 7.09%

Hispanic or Latino 15.01%

Unknown 3.98%

White 68.25%

Gender

female 40.22%

male 59.78%

Age - 53

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 53

Stress level

6.0

Stress level is manageable

7.1 - high

Complexity level

6.4

Complexity level is intermediate

7 - challenging

Work life balance

7.3

Work life balance is good

6.4 - fair

Key steps to become a margin clerk

Explore margin clerk education requirements

Most common margin clerk degrees

Bachelor's

75.4 %

Associate

9.8 %

High School Diploma

6.6 %

Start to develop specific margin clerk skills

Skills	Percentages
Margin	51.36%
Client Accounts	16.62%
NYSE	8.51%
Securities	8.49%
Wire Transfers	7.33%

Complete relevant margin clerk training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New margin clerks learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a margin clerk based on U.S. Bureau of Labor Statistics data and data from real margin clerk resumes.

Research margin clerk duties and responsibilities

Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
Evaluate whether NYSE rules are violated.
Maintain all records of securities that are due and are paid for by the due dates.
Monitor institutional DVP (delivery versus payment) accounts for trade accuracy, timely settlements, and problem resolutions.

Prepare your margin clerk resume

When your background is strong enough, you can start writing your margin clerk resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a margin clerk resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable margin clerk resume templates

Build a professional margin clerk resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your margin clerk resume.