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Discount Brokerage Operations Manager Salary
in Connecticut, United States

$58,960 (USD)

Average Salary

$28/hr

Average Hourly

$4,115

Average Bonus

Salary Recap

The average pay for a Discount Brokerage Operations Manager is $58,960 a year and $28 an hour in Connecticut, United States. The average salary range for a Discount Brokerage Operations Manager is between $43,127 and $72,158. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Connecticut, 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 2023:
$68,351
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

Cafe Operations Manager/Assistant Manager
Oct 30
Shelton, CT, USA
Focaccia's Cafe & Catery
... Cafe Operations Manager/Assistant Manager • Barista/Cashier • Order Assembly • Line Cook ... Discounted Meals, and more. Qualifying Candidates: * Must be professional, responsible, and have ...
Compliance Officer - Brokerage Operations
Oct 23
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 ...
Assistant Manager
Nov 1
New Haven, CT, USA
Breathing Room
... operations. The Assistant Manager is responsible for important and detailed tasks that help keep ... Discount on BR retail, workshops & events * Free floats at PuREST Float Center * Opportunity to ...
Full Time- Assistant Property Manager
Oct 31
Norwalk, CT, USA
Self Storage Facility
... operations • Light maintenance work required Compensation: • Competitive wages Annual Salary ... â€¢ Discounted storage unit • Friendly work environment Requirements: Candidates for this ...
Store Manager
Nov 5
Westport, CT, USA
L'Occitane en Provence
... managing operational excellence and developing brand loyalty in order to deliver natural based ... â€¢ Generous discount • Medical, Dental, Vision Insurance • Healthcare and Dependent Care ...
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