A Brokerage Clerk supports brokerage firms and financial traders by managing administrative and operational tasks related to securities transactions. They play a key role in ensuring smooth and efficient processing of trades and maintaining accurate records.
Education: High school diploma or equivalent
Years in related career: None
On-the-job training: Moderate-term
Projected Growth: -8.9% (negative growth)
Annual job openings: 4 100
Direct AI exposure: 73% of tasks
Potential AI exposure: 87% of tasks
| Income data is from Employment and Social Development Canada's 2025 wage tables. The closest match for this career in Canada’s occupational classification system is Banking, Insurance and Other Financial Clerks. According to the wage tables, average income is $53K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $38K per year | $45K per year | $53K per year | $62K per year | $76K per year |
| Compared to other careers: Median is $12K below the national average. | ||||
Brokerage Clerks typically work in the offices of brokerage firms, banks, or other financial institutions. Their environment is fast-paced, with a focus on timely and precise execution of tasks, often under tight deadlines. They frequently interact with brokers, traders, and clients.
Brokerage Clerks are integral to the financial services industry, ensuring that securities transactions are executed accurately and efficiently. They work closely with brokers and clients, handling a range of administrative and support tasks. This role requires a good understanding of financial markets and securities, as well as strong organizational and computational skills.
Attention to detail is paramount, as clerks are responsible for maintaining accurate records of transactions and ensuring compliance with regulatory requirements. The ability to work in a high-pressure environment is crucial, as the financial market can be fast-paced and dynamic. Brokerage Clerks must also possess strong communication skills, as they often serve as a liaison between brokers, clients, and other financial professionals.
Advancements in technology have significantly impacted this role, with a greater emphasis on software proficiency for managing trades and client portfolios. This career path can lead to more advanced positions within the financial sector, such as financial analyst or broker roles, for those who seek additional education and experience.
A high school diploma is typically required to enter this field, with many employers favoring candidates who have completed some college coursework in business, finance, or a related field. Overall, 2-4 years of education beyond high school is common.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.