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Discount Brokerage Operations Manager Salary
in Arizona, United States

$140,983 (USD)

Average Salary

$68/hr

Average Hourly

$11,532

Average Bonus

Salary Recap

The average pay for a Discount Brokerage Operations Manager is $140,983 a year and $68 an hour in Arizona, United States. The average salary range for a Discount Brokerage Operations Manager is between $103,122 and $172,540. 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:
$163,438
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

Discount Brokerage Operations Manager Job Listings for Arizona, United States

Title Operations Manager
Oct 30
Scottsdale, AZ, USA
William Lyon Homes, Inc.
Title Operations Manager Essential Duties and Responsibilities: include the following. Other duties ... Ability to calculate figures and amounts such as discounts, interest, commissions, proportions ...
Network Operations Technician I / II
Jan 9
Scottsdale, AZ, USA
Discount Tire Company
Here at Discount Tire, we celebrate the spirit of our people with extraordinary pride and ... Customer service skills, including the ability to manage and respond to different customer ...
Area Manager
Jan 9
Phoenix, AZ, USA
Whataburger
The Area Manager is responsible for leading the overall operations and performance of more than one ... Quality Meal Program (Discounted Meals) (based on eligibility) * Whataburger Family Foundation and ...
Operations Processor
Jan 9
Phoenix, USA
Accountemps
The Operations Processor II is responsible for making outbound calls to financial advisors to ... brokerage account processing requests; provide timely updates and statuses in contact management ...
Underwriting Manager (Non-Agency Loans)
Jan 1
Chandler, AZ, USA
Oaktree Funding Corp.
... broker or correspondent * Responsible for pipeline management to adhere to turn times and compliance requirements * Coordinates resolution of any auditing deficiencies with Operations Manager and ...
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