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Career and Education Opportunities for Broker Assistants in Oklahoma City, Oklahoma

Broker assistants can find many career and educational opportunities in the Oklahoma City, Oklahoma area. Currently, 330 people work as broker assistants in Oklahoma. This is expected to shrink 6% to 310 people by 2016. This is not quite as good as the nation as a whole, where employment opportunities for broker assistants are expected to shrink by about 2.6%. Broker assistants generally perform clerical duties involving the purchase or sale of securities.

Broker assistants earn about $14 per hour or $29,960 yearly on average in Oklahoma and about $18 hourly or $38,710 per year on average nationally. Compared with people working in the overall category of Clerical, people working as broker assistants in Oklahoma earn more. They earn more than people working in the overall category of Clerical nationally.

There are eight schools within twenty-five miles of Oklahoma City where you can study to be a broker assistant, among forty-four schools of higher education total in the Oklahoma City area. Given that the most common education level for broker assistants is a Bachelor's degree, it will take about four years to learn to be a broker assistant if you already have a high school diploma.

CAREER DESCRIPTION: Broker Assistant

Broker Assistant video from the State of New Jersey Dept. of Labor and Workforce Development

In general, broker assistants perform clerical duties involving the purchase or sale of securities. They also duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, and keeping records of daily transactions and holdings.

Broker assistants file and operate standard office machines. Finally, broker assistants correspond with customers and talk with coworkers to respond to inquiries, consider market fluctuations, and resolve account problems.

Every day, broker assistants are expected to be able to see details at a very fine level of focus. They need to articulate ideas and problems. It is also important that they listen to and understand others in meetings.

It is important for broker assistants to record and document security transactions, such as purchases and payments, using computers or certificate archives. They are often called upon to schedule and direct transfer and delivery of security certificates between companies and customers. They also ready forms, such as receipts and transfer confirmations, on the basis of transaction requests from stockholders. Somewhat less frequently, broker assistants are also expected to ready reports summarizing daily transactions and earnings for individual customer accounts.

Broker assistants sometimes are asked to compute total holdings and commissions and allocate appropriate payments to customers. They also have to be able to correspond with customers and talk with coworkers to respond to inquiries, consider market fluctuations, and resolve account problems And finally, they sometimes have to monitor daily stock prices and compute fluctuations to establish the need for additional collateral to secure loans.

Like many other jobs, broker assistants must have exceptional integrity and be reliable.

Similar jobs with educational opportunities in Oklahoma City include:

  • Bank Teller. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
  • Bookkeeper. Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
  • Clerk. Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
  • Correspondence Clerk. Compose letters in reply to requests for merchandise, damage claims, credit and other information, delinquent accounts, or unsatisfactory services. Duties may include gathering data to formulate reply and typing correspondence.
  • Courtroom Clerk. Perform clerical duties in court of law; prepare docket of cases to be called; secure information for judges; and contact witnesses, attorneys, and litigants to obtain information for court.
  • File Clerk. File correspondence, cards, and other records in alphabetical or numerical order or according to the filing system used. Locate and remove material from file when requested.
  • Insurance Claims Processor. Obtain information from insured or designated persons for purpose of settling claim with insurance carrier.
  • Insurance Processing Clerk. Process applications for, changes to, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party's specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
  • Library Clerk. Compile records, sort and shelve books, and issue and receive library materials such as pictures, cards, slides and microfilm. Locate library materials for loan and replace material in shelving area, stacks, or files according to identification number and title. Register patrons to permit them to borrow books, periodicals, and other library materials.
  • License Clerk. Issue licenses or permits to qualified applicants. Obtain necessary information; record data; advise applicants on requirements; collect fees; and issue licenses. May conduct oral, written, or performance testing.
  • Loan Inspector. Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
  • Municipal Clerk. Draft agendas and bylaws for town or city council; record minutes of council meetings; answer official correspondence; keep fiscal records and accounts; and prepare reports on civic needs.
  • Office Clerk. Perform duties too varied and diverse to be classified in any specific office clerical occupation, requiring limited knowledge of office management systems and procedures. Clerical duties may be assigned in accordance with the office procedures of individual establishments and may include a combination of answering telephones, bookkeeping, typing or word processing, stenography, office machine operation, and filing.
  • Order Clerk. Receive and process incoming orders for materials, merchandise, or services such as repairs, installations, or rental of facilities. Duties include informing customers of receipt, prices, and delays; preparing contracts; and handling complaints.
  • Payroll Bookkeeper. Compile and post employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions. May prepare paychecks.
  • Procurement Clerk. Compile information and records to draw up purchase orders for procurement of materials and services.
  • Receptionist. Answer inquiries and obtain information for general public, customers, and other interested parties. Provide information regarding activities conducted at establishment; location of departments, offices, and employees within organization.
  • Statistical Clerk. Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks.
  • Weighter. Weigh, measure, and check materials, supplies, and equipment for the purpose of keeping relevant records. Duties are primarily clerical by nature.

EDUCATIONAL OPPORTUNITIES: Broker Assistant Training

Gordon Cooper Technology Center - Shawnee, OK

Gordon Cooper Technology Center, 1 John C Bruton Blvd, Shawnee, OK 74804. Gordon Cooper Technology Center is a small school located in Shawnee, Oklahoma. It is a public school with primarily less-than 2-year programs and has 918 students. Gordon Cooper Technology Center has a two to four year program in Accounting Technology/Technician and Bookkeeping which graduated five students in 2008.

Vatterott College - Oklahoma City, OK

Vatterott College, 4621 NW 23, Oklahoma City, OK 73127. Vatterott College is a small college located in Oklahoma City, Oklahoma. It is a private for-profit school with primarily 2-year programs and has 310 students. Vatterott College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated seven and two students respectively in 2008.

Oklahoma State University-Oklahoma City - Oklahoma City, OK

Oklahoma State University-Oklahoma City, 900 N Portland, Oklahoma City, OK 73107-6195. Oklahoma State University-Oklahoma City is a medium sized university located in Oklahoma City, Oklahoma. It is a public school with primarily 4-year or above programs and has 5,912 students. Oklahoma State University-Oklahoma City has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated sixteen students in 2008.

Eastern Oklahoma County Technology Center - Choctaw, OK

Eastern Oklahoma County Technology Center, 4601 N Choctaw Rd, Choctaw, OK 73020-9017. Eastern Oklahoma County Technology Center is a small school located in Choctaw, Oklahoma. It is a public school with primarily 2-year programs and has 478 students. Eastern Oklahoma County Technology Center has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated two students in 2008.

Francis Tuttle Technology Center - Oklahoma City, OK

Francis Tuttle Technology Center, 12777 N Rockwell Ave, Oklahoma City, OK 73142-2789. Francis Tuttle Technology Center is a small school located in Oklahoma City, Oklahoma. It is a public school with primarily 2-year programs and has 1,879 students. Francis Tuttle Technology Center has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated twelve students in 2008.

Oklahoma Technology Institute - Oklahoma City, OK

Oklahoma Technology Institute, 9801 N Broadway Extension, Oklahoma City, OK 73114. Oklahoma Technology Institute is a small school located in Oklahoma City, Oklahoma. It is a private for-profit school with primarily less-than 2-year programs and has 38 students. Oklahoma Technology Institute has a less than one year program in Accounting Technology/Technician and Bookkeeping which graduated one student in 2008.

Rose State College - Midwest City, OK

Rose State College, 6420 S E 15th, Midwest City, OK 73110-2799. Rose State College is a medium sized college located in Midwest City, Oklahoma. It is a public school with primarily 2-year programs and has 8,427 students. Rose State College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated six students in 2008.

Oklahoma City Community College - Oklahoma City, OK

Oklahoma City Community College, 7777 S May Ave, Oklahoma City, OK 73159-9987. Oklahoma City Community College is a large college located in Oklahoma City, Oklahoma. It is a public school with primarily 2-year programs and has 12,550 students. Oklahoma City Community College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two and five students respectively in 2008.

LOCATION INFORMATION: Oklahoma City, Oklahoma

Oklahoma City, Oklahoma
Oklahoma City, Oklahoma photo by CPacker

Oklahoma City is located in Oklahoma County, Oklahoma. It has a population of over 551,789, which has grown by 9.0% in the past ten years. The cost of living index in Oklahoma City, 82, is well below the national average. New single-family homes in Oklahoma City cost $142,600 on average, which is below the state average. In 2008, 1,474 new homes were built in Oklahoma City, down from 2,559 the previous year.

The three most popular industries for women in Oklahoma City are health care, educational services, and accommodation and food services. For men, it is construction, public administration, and accommodation and food services. The average travel time to work is about 21 minutes. More than 24.0% of Oklahoma City residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 8.1%, is higher than the state average.

The unemployment rate in Oklahoma City is 6.5%, which is less than Oklahoma's average of 7.1%.

The percentage of Oklahoma City residents that are affiliated with a religious congregation, 65.7%, is more than both the national and state average. Grace Place Baptist Church, Grace Presbyterian Church and Grace United Methodist Church are some of the churches located in Oklahoma City. The most prominent religious groups are the Southern Baptist Convention, the United Methodist Church and the Catholic Church.

Oklahoma City is home to the Colonial Square and the 50 Penn Place as well as Rotary Park and River Park. Shopping malls in the area include 240 Plaza Shopping Center, 74 South Shopping Center and Council Crossings Shopping Center. Visitors to Oklahoma City can choose from Rodeway Inn Oklahoma City, Harvey Janitorial Sales and Market Source for temporary stays in the area.