How much does a Discount Brokerage Operations Manager make? The median annual Discount Brokerage Operations Manager salary is $67,748, as of September 27, 2017, with a range usually between $59,569-$100,921, 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 Operations Manager in the United States.
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This chart describes the expected percentage of people who perform the job of Discount Brokerage Operations Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Discount Brokerage Operations Manager in the United States is $67,748, so 50% of the people who perform the job of Discount Brokerage Operations Manager in the United States are expected to make less than $67,748.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Discount Brokerage Operations Manager that make less than that salary. For example 50% of the people who perform the job of Discount Brokerage Operations Manager are expected to make less than the median.
Source: HR Reported data as of October 2017
Oversees the daily operations of a discount brokerage. Ensures that brokerage operations adhere to the organization's financial and business strategies. Monitors the purchase and sale of securities for clients at discounted commissions. Ensures accuracy of transactions, oversees account maintenance, and acts as a liaison with the organization's full-service broker as needed. Ensures compliance with all relevant government regulations. Keeps abreast of market conditions. 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