How much does a Discount Brokerage Department Manager make in Iowa? The average Discount Brokerage Department Manager salary in Iowa is $133,034 as of February 26, 2024, but the range typically falls between $105,443 and $143,241. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Discount Brokerage Department Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Discount Brokerage Department Manager Salary $80,323 IA February 26, 2024
25th Percentile Discount Brokerage Department Manager Salary $105,443 IA February 26, 2024
50th Percentile Discount Brokerage Department Manager Salary $133,034 IA February 26, 2024
75th Percentile Discount Brokerage Department Manager Salary $143,241 IA February 26, 2024
90th Percentile Discount Brokerage Department Manager Salary $152,534 IA February 26, 2024
25% $105,443 10% $80,323 90% $152,534 75% $143,241 $133,034 50%(Median) Didn’t find job title? Click
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What skills does a Discount Brokerage Department Manager 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.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

3.

KPI: KPI stands for key performance indicator, a quantifiable measure of performance over time for a specific objective.

Customer Service 5.94%
Pricing 1.15%
KPI 1.92%
Others 90.99%

Job Description for Discount Brokerage Department Manager

Discount Brokerage Department Manager 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. Being a Discount Brokerage Department Manager monitors transactions for accuracy and ensures satisfactory customer service. May interact with the organization's full-service brokers as needed. Additionally, Discount Brokerage Department Manager ensures compliance with any applicable regulations. Requires a bachelor's degree in a related area. Requires NASD Series 7 license. Typically reports to a director. The Discount Brokerage Department Manager 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. To be a Discount Brokerage Department Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Discount Brokerage Department Manager in Iowa

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Location Avg. Salary Date Updated
Location Ackley, IA Avg. Salary $124,552 Date Updated February 26, 2024
Location Ackworth, IA Avg. Salary $133,663 Date Updated February 26, 2024
Location Adair, IA Avg. Salary $132,995 Date Updated February 26, 2024
Location Adel, IA Avg. Salary $133,329 Date Updated February 26, 2024
Location Afton, IA Avg. Salary $132,995 Date Updated February 26, 2024
Location Agency, IA Avg. Salary $132,375 Date Updated February 26, 2024
Location Ainsworth, IA Avg. Salary $131,755 Date Updated February 26, 2024
Location Akron, IA Avg. Salary $119,508 Date Updated February 26, 2024
Location Albert City, IA Avg. Salary $119,425 Date Updated February 26, 2024
Location Albia, IA Avg. Salary $132,995 Date Updated February 26, 2024
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Discount Brokerage Department Manager Salary in Iowa
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