Portfolio Manager II Salary in Chicago, Illinois

Portfolio Manager II Salary in Chicago, IL

How much does a Portfolio Manager II make in Chicago, IL? The average Portfolio Manager II salary in Chicago, IL is $123,562 as of March 26, 2024, but the range typically falls between $105,670 and $148,214. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Portfolio Manager II Salaries by Percentile

Percentile	Salary	Location	Last Updated
10th Percentile Portfolio Manager II Salary	$89,380	Chicago,IL	March 26, 2024
25th Percentile Portfolio Manager II Salary	$105,670	Chicago,IL	March 26, 2024
50th Percentile Portfolio Manager II Salary	$123,562	Chicago,IL	March 26, 2024
75th Percentile Portfolio Manager II Salary	$148,214	Chicago,IL	March 26, 2024
90th Percentile Portfolio Manager II Salary	$170,658	Chicago,IL	March 26, 2024

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Check out Portfolio Manager Job Openings in Chicago, Illinois

Portfolio Operations Specialist Level 2

Qual IT Resources - Cincinnati, OH

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Program Manager II

Atomica - Goleta, CA

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Energy Efficiency Project Manager II, Policy & Ratings (Remote - US)

Energy Solutions - USA - Oakland, CA

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Project Manager II (Hybrid - 3 days Onsite In Palo Alto Office)

Guardant Health - Palo Alto, CA

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What skills does a Portfolio Manager II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

3.

Financial Statement Analysis: Financial statement analysis evaluates a company's performance or value through a company's balance sheet, or statement of cash flows. It is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to a monetary investment.

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Analysis 10.53%

Accounting 1.92%

Financial Statement Analysis 1.2%

Others 86.35%

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Job Description for Portfolio Manager II

Portfolio Manager II is responsible for managing, evaluating, and monitoring key or complex investment portfolios comprised of bonds, securities, and equity funds in a banking environment. Reviews the customer's goals and develops investment strategies that will attain and support those objectives with acceptable risk. Being a Portfolio Manager II considers legal and tax impact of investment decisions. Monitors daily investment activities to be aware of market changes. Additionally, Portfolio Manager II may manage a team of portfolio managers. Requires a bachelor's degree. May require National Association of Securities Dealers (NASD). Typically reports to senior management. The Portfolio Manager II work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Portfolio Manager II typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Portfolio Manager II in Chicago, IL

Career Path for Portfolio Manager II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Portfolio Manager II, the first career path typically progresses to Portfolio Manager III.

Portfolio Manager II

Portfolio Manager III

Those that have already made the climb...

Elizabeth J. Boland, Chief Financial Officer

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

Bright Horizons Family Solutions Inc. provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Service... More

Fiscal Year Ended in 2022

What does a Portfolio Manager II do?

Portfolio Manager II in Laramie, WY

A portfolio manager’s day often starts with checking the news in the morning for major developments around the world.

December 20, 2019

Portfolio Manager II in Rockford, IL

If you choose a higher amount, keep in mind that your portfolio could be less diversified and the risk increases due to a smaller spread of your capital.

November 24, 2019

Portfolio Manager II in Rochester, MN

A portfolio manager is an executive who is responsible for making investment decisions and manage investment portfolio with the primary goal to meet the clients’ financial and investment-related objectives and work towards the maximum benefit of the client with the minimum possible risk.

November 20, 2019

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Portfolio Manager II Pay Difference by Location

Portfolio Manager II salary varies from city to city. Compared with national average salary of Portfolio Manager II, the highest Portfolio Manager II salary is in San Francisco, CA, where the Portfolio Manager II salary is 25.0% above. The lowest Portfolio Manager II salary is in Miami, FL, where the Portfolio Manager II salary is 3.5% lower than national average salary.

City, State	Compared to national average
City, State San Francisco, CA	Compared to national average + 25.0%
City, State Washington, DC	Compared to national average + 11.3%
City, State Miami, FL	Compared to national average -3.5%
City, State Chicago, IL	Compared to national average + 4.9%
City, State Boston, MA	Compared to national average + 12.1%
City, State New York, NY	Compared to national average + 16.8%
City, State Dallas, TX	Compared to national average -1.3%

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

Similar Jobs to Portfolio Manager II

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Job Title	Experience	EDUCATION	Salary Compared to This Job
Job Title Assistant Branch Manager II	Experience 3 - 5	EducationBachelors	Salary Compared to This Job - 45.8%
Job Title Investment Portfolio Manager	Experience 4 - 7	EducationBachelors	Salary Compared to This Job + 20.5%
Job Title Investment Portfolio Manager, Sr.	Experience	EducationBachelors	Salary Compared to This Job + 32.5%
Job Title IT Project Manager II	Experience 2 - 4	EducationBachelors	Salary Compared to This Job - 12.8%
Job Title Portfolio Manager I	Experience 2 - 4	EducationBachelors	Salary Compared to This Job - 26.9%

Level of Education for Portfolio Manager II

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Portfolio Manager II Salary by Global Country

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Understand the total compensation opportunity for a Portfolio Manager II, base salary plus other pay elements

Average Base Salary

Core compensation

105670

148214

123562

Average Total Cash Compensation

Includes base and annual incentives

120549

167093

145616

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Portfolio Manager II in Chicago, IL. The base salary for Portfolio Manager II ranges from $105,670 to $148,214 with the average base salary of $123,562. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $120,549 to $167,093 with the average total cash compensation of $145,616.

Similar Job Titles:

Assistant Branch Manager II, Investment Portfolio Manager, Investment Portfolio Manager, Sr., IT Project Manager II, Portfolio Manager I

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105670

148214

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About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago View the Cost of Living in Chicago, Illinois

Portfolio Manager II Salary in popular cities: Aurora, Rockford, Joliet

Skills associated with Portfolio Manager II: Risk Analysis, Risk Assessment, Investment Monitoring, Portfolio Optimization ...More

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