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Money Broker Salary in Cedar Rapids, IA

How much does a Money Broker make in Cedar Rapids, IA? The salary range for a Money Broker job is from $50,093 to $63,199 per year in Cedar Rapids, IA. Click on the filter to check out Money Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$56,681
Per Year
The average salary for a Money Broker is $56,681
per Year in Cedar Rapids, IA.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$50,093
$56,681
Medium
$63,199

Highest Paying Cities for Money Broker near Cedar Rapids, IA

We list eight cities that pay high wages to Money Broker near Cedar Rapids. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Money Broker pay level in these cities.

States with Higher Salaries for Money Broker

Here are the top five states that pay the highest Money Broker salary in the United States. District of Columbia takes first place with the highest Money Broker salary is $65,920 per Year. California and New Jersey take the second and third place with $65,328 per Year and $64,913 per Year in the list. A higher average Money Broker salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Cedar Rapids, IA?

The following job titles have similar responsibilities as a Money Broker. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Broker
Average salary
United States
$91,215
per Year
Money Manager
Average salary
United States
$69,680
per Year
Money Management
Average salary
United States
$71,696
per Year
Money Room Attendant
Average salary
United States
$34,957
per Year
Money Room Clerk
Average salary
United States
$34,957
per Year
Anti Money Laundering
Average salary
United States
$75,552
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Money Broker Do?

For Labuan money broker that undertakes Islamic money broking business, is required to appoint a qualified person to its internal Shariah advisory board to ensure that its management and operation are in compliance with Shariah principles.

December 15, 2021

The legislation is not intended to cover persons such as investment advisers, securities dealers, solicitors and professional accountants who may technically act as money brokers (e.g.

November 28, 2021

In this regard, the Labuan money broker is expected to impose a maximum leverage limit of 100:1 on its clients’ trading transactions that would translate to a minimum of 1% margin deposit to enable the opening of a trade position.

November 10, 2021

The requirement to be approved will apply to the money broker which is a resident abroad but is providing a service to an authorized institution in Hong Kong.

September 24, 2021

Issued by the HKMA describes the authorization regime for money brokers and explains how the HKMA will interpret the minimum criteria for approval of money brokers as set out in the.

November 06, 2021

The Banking Ordinance empowers the Monetary Authority to attach conditions to the certificates of approval of money brokers, to vary, add, or delete such conditions, to conduct examinations on approved brokers and to obtain information from them.

November 01, 2021

Most Common Benefits for Money Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Money Broker
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For Labuan money broker that undertakes Islamic money broking business, is required to appoint a qualified person to its internal Shariah advisory board to ensure that its management and operation are in compliance with Shariah principles.
Is this information useful?
Thank you!
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Explore our personal salary report to know the Money Broker market value in Cedar Rapids, IA. And find out if any places are having a higher Money Broker salary.
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The average salary of a Money Broker is $56,681 in Cedar Rapids, IA.
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