Alternate Job Titles: Manager of Discount Brokerage Department, Discount Brokerage Department Manager, Discount Brokerage Manager
What is the average annual salary for Discount Brokerage Department Manager?
The annual salary for someone with the job title Discount Brokerage Department Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. 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 annualy pay for a typical Discount Brokerage Department Manager in the United States is $110,693 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $110,693.
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 Discount Brokerage Department Manager job description