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Discount Brokerage Department Manager Salary
in Arizona, United States

$140,990 (USD)

Average Salary

$68/hr

Average Hourly

$11,533

Average Bonus

Salary Recap

The average pay for a Discount Brokerage Department Manager is $140,990 a year and $68 an hour in Arizona, United States. The average salary range for a Discount Brokerage Department Manager is between $103,128 and $172,549. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Arizona, United States.

Average Salary Chart

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Job Summary

Description:
  • Directs and coordinates activities concerned with buying or selling investment products and financial services, such as securities, insurance, and real estate, for clients of brokerage firm: screens, selects, and hires registered representatives and other employees.
  • Directs inservice training to improve client services and increase sales volume.
  • Develops and implements plans to ensure compliance of workers with established programs, procedures, and practices.
  • Establishes internal control procedures to control margin accounts, short sales, and options and to reduce office errors and client complaints.
  • Reviews recapitulation of daily transactions to ensure accordance with rules and regulations of government agencies, regulatory bodies, and securities exchanges.
  • Analyzes operations to determine areas where cost reductions could be implemented or program improvements initiated.
  • Evaluates profitability of gross sales and transactions.
  • Conducts staff meetings of personnel to discuss changes in policy, redirection of sales emphasis to other programs, or to propose methods and procedures to increase firm's share of local market and trade volume.
  • Explains firm's research and customer service facilities and how use of facilities can promote customer relations and sales.
  • Prepares activity reports for evaluation by management.
  • May be required to have securities agent license.
  • May be required to have experience in certain type of brokerage office managed, such as full-service brokerage office, discount brokerage office, or full-service/discount brokerage office.

Salary Potential

Estimated salary in 2024:
$163,446
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

Discount Brokerage Department Manager Job Listings for Arizona, United States

ASSOCIATE ACCOUNT MANAGER
Jan 14
Phoenix, AZ, USA
Hawaii Mainland Administrators, LLC
... broker knowledge a plus. 3+ yrs experience with Excel, MS Word. Special Skills Required: Organized ... Ensure various internal departmental tasks are completed promptly and accurately. Help in ...
Underwriting Manager (Non-Agency Loans)
Jan 1
Chandler, AZ, USA
Oaktree Funding Corp.
Will periodically work directly with the broker or correspondent * Responsible for pipeline ... and Post closing Department Qualifications: * 5 years' experience underwriting and in depth ...
Merchandising Manager
Dec 17
Phoenix, AZ, USA
Sixth Street Enterprises Inc. - dba Natures Medicines
Collaboration with the finance department to forecast or determine whether the sales, and costs ... discounts to win market share or hold pricing when supply cannot meet demand. * Display and ...
Manager, Enterprise Solutions Management
Dec 20
Tempe, AZ, USA
ZipRecruiter
Work closely with sales management peers within your department and across the company to ensure ... Local gym discount * Attractive paid time off policy - Open/Flexible vacation policy ZipRecruiter ...
Territory Mgr, UW-E&S Spec(Public Entity Underwriting Manager)
Dec 15
Scottsdale, AZ, USA
Nationwide
Responsible for influencing and managing relationships with general agents, brokers, program ... Participates in discussions with reinsurers, per department guidelines, verifying the appropriate ...
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