1. What is the average salary of a Portfolio Manager?
The average annual salary of Portfolio Manager is $121,380.
In case you are finding an easy salary calculator,
the average hourly pay of Portfolio Manager is $58;
the average weekly pay of Portfolio Manager is $2,334;
the average monthly pay of Portfolio Manager is $10,115.
2. Where can a Portfolio Manager earn the most?
A Portfolio Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Portfolio Manager earns the most in San Jose, CA, where the annual salary of a Portfolio Manager is $152,330.
3. What is the highest pay for Portfolio Manager?
The highest pay for Portfolio Manager is $161,232.
4. What is the lowest pay for Portfolio Manager?
The lowest pay for Portfolio Manager is $87,393.
5. What are the responsibilities of Portfolio Manager?
The Portfolio Manager reviews the customer's goals and develops investment strategies that will attain and support those objectives with acceptable risk. Responsible for managing, evaluating, and monitoring key or complex investment portfolios comprised of bonds, securities, and equity funds in a banking environment. Being a Portfolio Manager monitors daily investment activities to be aware of market changes. Considers legal and tax impact of investment decisions. In addition, Portfolio Manager may manage a team of portfolio manages. Requires a bachelor's degree. Typically reports to top management. Requires Chartered Financial Analyst (CFA) Level 1. Being a Portfolio Manager gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Portfolio Manager typically requires 2 -4 years of related experience.
6. What are the skills of Portfolio Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
2.)
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
3.)
Financial Statement Analysis: Financial statement analysis evaluates a company's performance or value through a company's balance sheet, or statement of cash flows. It is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to a monetary investment.