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The median expected salary for a typical Discount Brokerage Department Manager in the United States is $109,225. This basic market pricing report was prepared using our Certified Compensation Professionals' analysis of survey data collected from thousands of HR departments at employers of all sizes, industries and geographies.
Source: HR Reported data as of May 2013
Job Description for Discount Brokerage Department Manager New Search   
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.
Alternate Job Titles: Manager of Discount Brokerage Department, Discount Brokerage Department Manager, Discount Brokerage Manager
Categories:  Banking , Financial Services , Sales
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