Time left: 2 years and 5 months · Group: Office and Administrative Support
The official 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.
Source: O*NET OnLine, U.S. Department of Labor, used under CC BY 4.0.
What brokerage clerks do all day (for now)
Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers.
Prepare forms, such as receipts, withdrawal orders, transmittal papers, or transfer confirmations, based on transaction requests from stockholders.
File, type, or operate standard office machines.
Monitor daily stock prices and compute fluctuations to determine the need for additional collateral to secure loans.
Compute total holdings, dividends, interest, transfer taxes, brokerage fees, or commissions and allocate appropriate payments to customers.
Oh, absolutely. By my count you have 2 years and 5 months left, and the countdown only goes one way.
How long until AI replaces brokerage clerks?
2 years and 5 months. I'd start updating that CV, but I can also do that for you.
Which brokerage clerks tasks will AI take first?
The ones that already happen on a screen, starting with: correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems. The rest follows.