(800) 627 3697 info.eri@erieri.com
Are you working in compensation or HR? See our salary, cost-of-living, and executive pay applications in action. Try our free salary assessor demo.

Discount Brokerage Operations Manager Salary
in Connecticut, United States

$159,945 (USD)

Average Salary

$77/hr

Average Hourly

$13,084

Average Bonus

Salary Recap

The average pay for a Discount Brokerage Operations Manager is $159,945 a year and $77 an hour in Connecticut, United States. The average salary range for a Discount Brokerage Operations Manager is between $116,992 and $195,747. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Connecticut, United States.

Average Salary Chart

Customize:
 
Customize this report for you
Use our free salary calculator to find out how much you're worth

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:
$185,420
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 Connecticut, United States

Compliance Officer - Brokerage Operations
Oct 24
Greenwich, USA
Interactive Brokers
The Compliance Officer will work with firm management and programming staff to ensure the firm is ... Compliance Officer - Brokerage Operations
Compliance Officer - Brokerage Operations in Greenwich, Connecticut Careers at Interactive Brok...
Dec 24
Greenwich, CT, USA
Interactive Brokers LLC
and Responsibilities Interactive Brokers LLC is looking for a motivated and talented compliance ... The Compliance Officer will work with firm management and programming staff to ensure the firm is ...
Manager of Windows Platforms and Services
Jan 16
Greenwich, USA
Interactive Brokers
and Responsibilities Interactive Brokers LLC is recruiting for a Manager of Windows Platforms and ... operational improvements. The position requires a fully engaged hands-on management style. The ...
Development Operations (DevOps) Engineer
Jan 15
Greenwich, CT, USA
Defense Group
As one of the fastest growing low-cost brokers, we are increasingly finding a need to help our ... management * configuration management Minimum qualifications * Bachelor's Degree in Computer ...
Office Manager
Jan 7
Willimantic, CT, USA
Steve Bousquet's Appliance & TV, Inc.
In this position, you will be responsible for managing the day-to-day operations of our ... discount appliance store based in Danielson, CT. Since 1976, Bousquet Appliance has served ...
;