Alternate Job Titles: Manager of Discount Brokerage Department, Discount Brokerage Department Manager, Discount Brokerage Manager
How much does a Discount Brokerage Department Manager make? The median annual Discount Brokerage Department Manager salary is $115,815, as of August 29, 2016, with a range usually between $91,794-$124,700, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Discount Brokerage Department Manager in the United States.
This chart describes the expected percentage of people who perform the job of Discount Brokerage Department Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Discount Brokerage Department Manager in the United States is $115,815, so 50% of the people who perform the job of Discount Brokerage Department Manager in the United States are expected to make less than $115,815.
This chart describes the expected percentage of people who perform the job of Discount Brokerage Department Manager that make less than that salary. For example 50% of the people who perform the job of Discount Brokerage Department Manager are expected to make less than the median.
Source: HR Reported data as of September 2016
Manages and leads a group of discount brokers responsible for the purchase and sale of securities for clients at discounted commissions. Develops marketing programs and strategies to increase profitability and enter new markets. Monitors transactions for accuracy and ensures satisfactory customer service. May interact with the organization's full-service brokers as needed. Ensures compliance with any applicable regulations. Requires NASD Series 7 license. Requires a bachelor's degree in a related area and at least 7 years of experience in the field. Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. Typically reports to a director. View full job description