How much does a Trader (OTC) II make in Downey, CA? The average Trader (OTC) II salary in Downey, CA is $93,999 as of February 26, 2024, but the range typically falls between $75,531 and $114,049. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Trader (OTC) II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Trader (OTC) II Salary $58,718 Downey,CA February 26, 2024
25th Percentile Trader (OTC) II Salary $75,531 Downey,CA February 26, 2024
50th Percentile Trader (OTC) II Salary $93,999 Downey,CA February 26, 2024
75th Percentile Trader (OTC) II Salary $114,049 Downey,CA February 26, 2024
90th Percentile Trader (OTC) II Salary $132,304 Downey,CA February 26, 2024
25% $75,531 10% $58,718 90% $132,304 75% $114,049 $93,999 50%(Median) Didn’t find job title? Click
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What skills does a Trader (OTC) II 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.

CFA: The Chartered Financial Analyst program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professional

3.

Wealth Management: Wealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services offered by a complex mix of asset managers, custodial banks, retail banks, financial planners and others. There is no equivalent of a stock exchange to consolidate the allocation of investments and promulgate fund pricing and as such it is considered a fragmented and decentralised industry. High-net-worth individuals (HNWIs), small-business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management. Wealth managers can have backgrounds as independent Chartered Financial Consultants, Certified Financial Planners or Chartered Financial Analysts (in the United States), Certified International Investment Analysts, Chartered Strategic Wealth Professionals (in Canada), Chartered Financial Planners (in the UK), or any credentialed (such as MBA) professional money managers who work to enhance the income, growth and tax-favored treatment of long-term investors.

Analysis 0.08%
CFA 0.03%
Wealth Management 0.03%
Others 99.86%

Job Description for Trader (OTC) II

Trader (OTC) II is responsible for timely buying and selling in the over-the-counter market. Reviews stock orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Trader (OTC) II evaluates market volatility, carries out trades, and maintains accounts to ensure customer satisfaction. Develops relationships with dealers to obtain optimal trade execution. Additionally, Trader (OTC) II requires a bachelor's degree in area of specialty or in a related area, and may require state licensure. Typically reports to a manager or head of a unit/department. To be a Trader (OTC) II typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Trader (OTC) II in Downey, CA

Career Path for Trader (OTC) II

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 Trader (OTC) II, the first career path typically progresses to Foreign Exchange Trader III.

The second career path typically progresses to Trader (Options), Sr..

The third career path typically progresses to Trader (OTC) III.

Additionally, the fourth career path typically progresses to Trader (Corporate Bonds) III.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Trader (OTC) II salary varies from city to city. Compared with national average salary of Trader (OTC) II, the highest Trader (OTC) II salary is in San Francisco, CA, where the Trader (OTC) II salary is 25.0% above. The lowest Trader (OTC) II salary is in Miami, FL, where the Trader (OTC) II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Trader (OTC) II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
75531
114049
93999

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
100100
151037
124395
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Trader (OTC) II in Downey, CA. The base salary for Trader (OTC) II ranges from $75,531 to $114,049 with the average base salary of $93,999. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $100,100 to $151,037 with the average total cash compensation of $124,395.
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75531
114049

 

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How much should you be paid?

About Downey, California    Downey is a city located in southeast Los Angeles County, California, United States, 13 mi (21 km) southeast of downtown Los Angeles. It is considered....More

Downey, California  area prices were up 3.2% from a year ago    View the Cost of Living in Downey, California

Trader (OTC) II Salary in popular cities: Los AngelesSan DiegoSan Jose

Skills associated with Trader (OTC) II: Order Processing, Customer Service, Securities Laws and Regulations, Brokerage Trading Software ...More

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