Over the Counter (OTC) Specialist Job Description Template
As an Over the Counter (OTC) Specialist, you will play a crucial role in helping customers select the appropriate non-prescription medications and health products. You will provide expert advice, manage inventory, and ensure the pharmacy adheres to industry regulations and standards.
Responsibilities
- Assist customers in selecting appropriate over-the-counter medications and health products.
- Provide expert advice on the use and side effects of OTC products.
- Manage and organize OTC product inventory, ensuring products are up-to-date and well-stocked.
- Maintain a clean and organized pharmacy area.
- Ensure compliance with all regulatory requirements relating to the sale of OTC products.
- Handle customer inquiries and resolve any issues or concerns related to OTC products.
- Stay current with new OTC products and industry trends.
Qualifications
- High school diploma or equivalent; associate or bachelor's degree in a relevant field preferred.
- Previous experience in a pharmacy or healthcare setting.
- Strong knowledge of OTC products and their uses.
- Excellent customer service and communication skills.
- Ability to work in a fast-paced environment.
Skills
- Customer Service
- Inventory Management
- Pharmaceutical Knowledge
- Communication
- Organization
- Attention to Detail
- Problem Solving
Frequently Asked Questions
An Over the Counter (OTC) Specialist primarily handles transactions for securities that aren't listed on formal exchanges. They facilitate trades in stocks, bonds, and other financial instruments. Their role involves liaising with brokers, ensuring compliance with trading regulations, and maintaining accurate records. They also provide insights on market trends and help clients make informed investment decisions.
To become an Over the Counter (OTC) Specialist, a candidate typically needs a bachelor's degree in finance, economics, or a related field. Relevant internships or entry-level positions in financial services can be beneficial. Certifications such as CFA or FINRA series licenses are also advantageous. Practical experience with trading platforms and strong analytical skills are crucial in this field.
The average salary for an Over the Counter (OTC) Specialist varies based on experience, location, and the financial institution. Specialists can expect compensation that reflects their expertise in securities transactions. Additional bonuses may be awarded based on transaction volume and successful trading outcomes. Candidates should research specific salary data in their region for a more accurate figure.
An Over the Counter (OTC) Specialist usually requires a blend of educational and professional qualifications. A degree in finance, accounting, or business administration is commonly required. Additionally, certifications like Chartered Financial Analyst (CFA) or a FINRA license are preferred. Proficiency in financial regulations and trading software can enhance opportunities in this role.
Key skills for an Over the Counter (OTC) Specialist include strong analytical abilities, excellent communication, and a robust understanding of market dynamics. Responsibilities involve executing trades, maintaining compliance with industry regulations, performing market analysis, and advising clients. Attention to detail and the ability to collaborate with market participants are also vital for success in this position.