How much does a Margin Clerk I make in Texas? The average Margin Clerk I salary in Texas is $42,326 as of February 26, 2024, but the range typically falls between $36,325 and $46,368. 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.

Margin Clerk I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Margin Clerk I Salary $30,861 TX February 26, 2024
25th Percentile Margin Clerk I Salary $36,325 TX February 26, 2024
50th Percentile Margin Clerk I Salary $42,326 TX February 26, 2024
75th Percentile Margin Clerk I Salary $46,368 TX February 26, 2024
90th Percentile Margin Clerk I Salary $50,048 TX February 26, 2024
25% $36,325 10% $30,861 90% $50,048 75% $46,368 $42,326 50%(Median) Didn’t find job title? Click
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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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

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.

Analysis 6.17%
Professional Development 1.23%
Market Pricing 1.23%
Others 91.37%

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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Job Openings for Margin Clerk I in Texas

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Location Avg. Salary Date Updated
Location Abbott, TX Avg. Salary $38,742 Date Updated February 26, 2024
Location Abernathy, TX Avg. Salary $38,622 Date Updated February 26, 2024
Location Abilene, TX Avg. Salary $38,933 Date Updated February 26, 2024
Location Ace, TX Avg. Salary $41,418 Date Updated February 26, 2024
Location Ackerly, TX Avg. Salary $38,438 Date Updated February 26, 2024
Location Addison, TX Avg. Salary $42,779 Date Updated February 26, 2024
Location Adkins, TX Avg. Salary $41,411 Date Updated February 26, 2024
Location Adrian, TX Avg. Salary $39,140 Date Updated February 26, 2024
Location Afton, TX Avg. Salary $38,438 Date Updated February 26, 2024
Location Agua Dulce, TX Avg. Salary $40,070 Date Updated February 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.

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Margin Clerk I Salary in Texas
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