Margin Clerk I Salary in Maryland
Margin Clerk I Salary in Maryland
How much does a Margin Clerk I make in Maryland? The average Margin Clerk I salary in Maryland is $44,652 as of March 26, 2024, but the range typically falls between $38,318 and $48,931. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Margin Clerk I Salary | $32,551 | MD | March 26, 2024 |
| 25th Percentile Margin Clerk I Salary | $38,318 | MD | March 26, 2024 |
| 50th Percentile Margin Clerk I Salary | $44,652 | MD | March 26, 2024 |
| 75th Percentile Margin Clerk I Salary | $48,931 | MD | March 26, 2024 |
| 90th Percentile Margin Clerk I Salary | $52,827 | MD | March 26, 2024 |
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What skills does a Margin Clerk I need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Professional Development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.
Market Pricing: Setting the price of a product or service according to the current market price to ensure the business remains competitive while still growing ROI.
Job Description for Margin Clerk I
Margin Clerk I compiles data and determines customer margin in stock purchased. Determines brokerage fees and notifies supervisor when customer margin is less than government regulations or brokerage firm requirements. Being a Margin Clerk I researches customer margin account problems using customer account information and transaction records. May require an associate degree. Additionally, Margin Clerk I typically reports to a supervisor or manager. The Margin Clerk I works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Margin Clerk I typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Select a city to view specific salary and bonus information for Margin Clerk I
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Dundalk, MD | Avg. Salary $44,522 | Date Updated March 26, 2024 |
| Location Abell, MD | Avg. Salary $47,987 | Date Updated March 26, 2024 |
| Location Aberdeen, MD | Avg. Salary $43,612 | Date Updated March 26, 2024 |
| Location Aberdeen Proving Ground, MD | Avg. Salary $43,872 | Date Updated March 26, 2024 |
| Location Abingdon, MD | Avg. Salary $43,656 | Date Updated March 26, 2024 |
| Location Accident, MD | Avg. Salary $38,762 | Date Updated March 26, 2024 |
| Location Accokeek, MD | Avg. Salary $48,117 | Date Updated March 26, 2024 |
| Location Adamstown, MD | Avg. Salary $47,077 | Date Updated March 26, 2024 |
| Location Allen, MD | Avg. Salary $46,038 | Date Updated March 26, 2024 |
| Location Andrews Air Force Base, MD | Avg. Salary $48,203 | Date Updated March 26, 2024 |
Career Path for Margin Clerk I
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Margin Clerk I, the first career path typically starts with a Stock Loan Clerk II position, and then Stock Loan Manager I.
The second career path typically progresses to Floor Operations Manager.
The third career path typically progresses to Foreign Exchange Manager.
Additionally, the fourth career path typically starts with a Margin Clerk II position, and then progresses to Margin Department Supervisor.
What does a Margin Clerk I do?
Are you an HR manager or compensation specialist?
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About Maryland
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Level of Education for Margin Clerk I
Jobs with different levels of education may pay very differently. Check the Margin Clerk I salary of your education level.
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About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
Skills associated with Margin Clerk I: Brokerage Trading Software, Securities Laws and Regulations, Inquiry Research/Response
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