Discount Brokerage Department Manager Salary in New Jersey

How much does a Discount Brokerage Department Manager make in New Jersey? The average Discount Brokerage Department Manager salary in New Jersey is $138,084 as of October 30, 2019, but the range typically falls between $109,450 and $148,673. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Salary range for a Discount Brokerage Department Manager
$109,450 to $148,673
For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Get the latest market price for benchmark jobs and jobs in your industry.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Search thousands of open positions to find your next opportunity.

Job Description

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 NASD Series 7 license. Requires a bachelor's degree in a related area. 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. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Discount Brokerage Department Manager typically requires 3+ years of managerial experience. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Discount Brokerage Department Manager.

Select a city to view specific salary and bonus information for Discount Brokerage Department Manager

Loading results...
Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $142,630 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $143,879 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $144,004 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $144,704 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $151,123 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $142,630 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $142,252 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $140,133 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $144,004 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $142,630 Date Updated October 30, 2019
Job Openings for Discount Brokerage Department Manager in New Jersey
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst