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)
```Duties:```
- Analyze market trends and identify potential franchise opportunities
- Develop and implement sales strategies to drive franchise growth
- Build and maintain relationships with potential franchisees
- Conduct market research to identify target markets and customer demographics
- Provide ongoing support and guidance to franchisees
- Monitor franchise performance and provide recommendations for improvement
- Collaborate with cross-functional teams to ensure successful franchise operations
```Qualifications:```
- Proven experience in sales, preferably in a technical or technology sales role
- Strong analytical skills to assess market trends and identify business opportunities
- Excellent communication and interpersonal skills to build relationships with franchisees and stakeholders
- Bilingual proficiency in English and Spanish is a plus
- Ability to work independently and manage multiple priorities effectively
- Customer service-oriented mindset to ensure franchisee satisfaction
Note: This job description is not intended to be all-inclusive. The employee may be required to perform other related duties as assigned.
Job Type: Full-time
Pay: $98,197.00 - $106,186.00 per year
Compensation package:
Schedule:
Work Location: In person
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