As of March 01, 2025, the average annual salary for a Trader (Block) I in Detroit, MI is $58,427. Salary.com reports that pay typically ranges from $50,621 to $68,296, with most professionals earning between $43,514 and $77,282.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $67,754 | $5,646 | $1,303 | $33 |
| Average | $57,963 | $4,830 | $1,115 | $28 |
| 25th Percentile | $50,219 | $4,185 | $966 | $24 |
An entry-level Trader (Block) I with under 1 year experience makes about $57,844. With less than 2 years of experience, a mid-level Trader (Block) I makes around $58,427. After 2-4 years, the Trader (Block) I pay rises to about $60,194. Those senior Trader (Block) I with 5-8 years of experience earn roughly $61,373, and those Trader (Block) I having 8 years or more experience are expected to earn about $61,667 on average.
| Levels | Salary |
|---|---|
| Entry Level Trader (Block) I | $57,844 |
| Intermediate Level Trader (Block) I | $58,427 |
| Senior Level Trader (Block) I | $60,194 |
| Specialist Level Trader (Block) I | $61,373 |
| Expert Level Trader (Block) I | $61,667 |
| Entry Level | 0% |
| Mid Level | 1% |
| Senior Level | 4% |
| Top Level | 6% |
| Experienced | 6% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Mutual Fund: A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.
CFA: The Chartered Financial Analyst program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professional
| Skill | Salary | Demand |
|---|---|---|
|
Order Management
|
$67,775 |
16%
|
|
Asset Management
|
$66,606 |
14%
|
|
Accountability
|
$64,269 |
10%
|
|
Communication Skills
|
$64,269 |
10%
|
|
Investment Management
|
$63,685 |
9%
|
|
Bond
|
$63,685 |
9%
|
