Alternate Job Titles: Discount Brokerage Department Manager, Discount Brokerage Manager, Manager of Discount Brokerage Department
How much does a Discount Brokerage Department Manager make? The median annual Discount Brokerage Department Manager salary is $119,206, as of September 06, 2017, with a range usually between $94,490-$128,355, 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.
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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 $119,206, so 50% of the people who perform the job of Discount Brokerage Department Manager in the United States are expected to make less than $119,206.
Source: HR Reported data as of September 06, 2017
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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 2017
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. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Typically requires 3+ years of managerial experience. View full job description