Money Market Clerks process documentation and maintain records of securities transactions and registrations.

Also known as: Scrip Clerk (Stockbroking), or Securities Clerk.

You usually need a bachelor degree in finance or a related field to work as a Money Market Clerk. Training is also available through VET (Vocational Education and Training).

Tasks

  • Obtains information on the form of competitors by research, attending trials and liaising with contacts.
  • Reviews, checks, verifies and issues transaction documentation for securities.
  • Claims accruing dividends and processing dividend payments.
  • Compiles results of calculations into tables, graphs and charts to be used in analysis.

More about Insurance, Money Market and Statistical Clerks

All Insurance, Money Market and Statistical Clerks

  • $1,217 Weekly Pay
  • Decline Future Growth
  • Lower unemployment Unemployment

Money Market Clerks

  • 1,100 workers Employment Size
  • Lower skill Skill level rating
  • 79% Full-Time Full-Time Share
  • 41 hours Average full-time
  • 37 years Average age
  • 67% female Gender Share

The number of people working as Money Market Clerks (in their main job) fell over 5 years:
from 1,700 in 2011 to 1,100 in 2016.

  • Size: This is a very small occupation.
  • Location: Many Money Market Clerks work in New South Wales.
  • Industries: Most work in Financial and Insurance Services; Professional, Scientific and Technical Services; and Public Administration and Safety.
  • Full-time: Many work full-time (79%, higher than the average of 66%).
  • Hours: Full-time workers spend around 41 hours per week at work (compared to the average of 44 hours).
  • Age: The average age is 37 years (compared to the average of 40 years).
  • Gender: 67% of workers are female (compared to the average of 48%).

Employment Outlook

Number of Workers

No data is available for the selected graph for this Occupation.

Weekly Earnings

Weekly Earnings (Before Tax)

No data is available for the selected graph for this Occupation.

Main Industries

Main Employing Industries (% Share)

Source: Based on ABS Census 2016, Customised Report. Industries are based on the Australian and New Zealand Standard Industrial Classification (ANZSIC 06).
Main Employing IndustriesIndustry (% share)
Financial and Insurance Services76.5
Professional, Scientific and Technical Services3.9
Public Administration and Safety3.8
Health Care and Social Assistance3.6
Other Industries12.2

States and Territories

  • NSW

  • VIC

  • QLD

  • SA

  • TAS

  • NT

  • ACT

Employment by State and Territory (% Share)

Source: Based on ABS Census 2016, Customised Report. Share of workers across Australian States and Territories, in this job compared to the all jobs average.
StateMoney Market ClerksAll Jobs Average
NSW40.531.6
VIC30.025.6
QLD12.820.0
SA4.37.0
WA10.010.8
TAS1.22.0
NT0.31.0
ACT1.11.9

Age Profile

Age Profile (% Share)

Source: Based on ABS Census 2016, Customised Report. Age profile of workers in this job compared to the all jobs average.
Age BracketMoney Market ClerksAll Jobs AverageAll Jobs Average
15-190.8-5.05.0
20-248.5-9.39.3
25-3432.7-22.922.9
35-4425.8-22.022.0
45-5418.6-21.621.6
55-597.1-9.09.0
60-644.1-6.06.0
65 and Over2.4-4.24.2

Education Level

Highest Level of Education (% Share)

Source: ABS Census 2016, Customised Report. Highest qualification completed by workers in this job (in any field of study). Qualifications needed by new workers might be different from the qualifications of workers already in the job.
Type of QualificationMoney Market ClerksAll Jobs AverageAll Jobs Average
Post Graduate/Graduate Diploma or Graduate Certificate14.6-10.110.1
Bachelor degree37.0-21.821.8
Advanced Diploma/Diploma12.4-11.611.6
Certificate III/IV7.5-21.121.1
Year 1220.2-18.118.1
Year 113.0-4.84.8
Year 10 and below5.3-12.512.5

You usually need a bachelor degree in finance or a related field to work as a Money Market Clerk. Training is also available through VET (Vocational Education and Training).

Thinking about study or training?

Before starting a course, check it will provide you with the skills and qualifications you need.

  • Search and compare thousands of higher education courses, and their entry requirements from different institutions across Australia at Course Seeker website.
  • Compare undergraduate and postgraduate student experiences and outcomes on the QILT website.
  • Compare Vocational Education and Training (VET) courses, providers and student outcomes on the My Skills website.
  • You might be interested in Financial Services VET training pathways on the AAPathways website.

Or check out related courses on Job Outlook.

The course listings on this page are provided by Good Education Group.

Employers look for Insurance, Money Market and Statistical Clerks who have a high attention to detail, provide good customer service and are reliable.

Filter Skills & Knowledge

Knowledge

These are important topics, subjects or knowledge areas.

  1. Customer and personal service

    66% Skill level

    Understanding customer needs, providing good quality service, and measuring customer satisfaction.

  2. English language

    60% Skill level

    English language including the meaning and spelling of words, rules of composition, and grammar.

  3. Computers and electronics

    57% Skill level

    Circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

  4. Mathematics

    56% Skill level

    Arithmetic, algebra, geometry, calculus, or statistics.

  5. Sales and marketing

    49% Skill level

    Showing, promoting, and selling including marketing strategy, product demonstration, sales techniques, and sales control systems.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The skills and importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 43-4011.00 - Brokerage Clerks.

Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.

Filter Work Environment

Demands

The physical and social demands workers face most often are shown below.

  1. Electronic mail

    100% Important

    Use electronic mail.

  2. Telephone

    100% Important

    Talk on the telephone.

  3. Contact with people

    97% Important

    Have contact with people by telephone, face-to-face, or any other way.

  4. Being exact or accurate

    95% Important

    Be very exact or highly accurate.

  5. Face-to-face discussions

    93% Important

    Talk with people face-to-face.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The skills and importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 43-4011.00 - Brokerage Clerks.

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