Portfolio Officer Salaries in Michigan
How Much Does a Portfolio Officer Make in Michigan?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Portfolio Officer in Michigan is $134,121.
While Salary.com is seeing that Portfolio Officer salary in MI can go up to $207,335
or down to $65,469, but most earn between $95,469 and $172,444.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Portfolio Officer
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Similar Job Salaries to Portfolio Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
East West Bank
Portfolio Officer
|
$164,966/yr
|
RANGE: $128,713 - $201,219
|
|
HarborOne Bank
Portfolio Officer
|
$156,041/yr
|
RANGE: $121,749 - $190,333
|
|
Calvert Impact
Officer, Portfolio Compliance
|
$147,589/yr
|
RANGE: $120,886 - $174,292
|
|
Calvert Impact OTOF, LLC
Officer, Portfolio Compliance
|
$147,589/yr
|
RANGE: $120,886 - $174,292
|
|
Citi
Credit Portfolio Officer
|
$116,479/yr
|
RANGE: $101,528 - $131,429
|
|
Cypress Bank & Trust
Investment Officer/Portfolio Manager
|
$121,129/yr
|
RANGE: $98,808 - $143,449
|
|
C.S. Mott Children's Hospital
Research and Analytics Portfolio Manager
|
$142,203/yr
|
RANGE: $117,380 - $167,026
|
|
Quantum Signal AI
Portfolio & Strategy Engineer
|
$123,989/yr
|
RANGE: $110,372 - $137,607
|
|
MSU Research Foundation
Director, Portfolio Management
|
$216,689/yr
|
RANGE: $171,001 - $262,377
|
|
iVantage Group
Asset Manager / Portfolio Manager
|
$108,482/yr
|
RANGE: $89,337 - $127,628
|
Top 10 Highest Paying Cities For Portfolio Officer Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Portfolio Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Portfolio Officer job salaries in Michigan.
Some cities can pay higher salaries for Portfolio Officer jobs, which can indicate that there is a large demand for Portfolio Officer positions in this city.
The following table shows top 10 cities where the Portfolio Officer salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Portfolio Officer salary is $139,421 in Ann Arbor,
which is higher than the national average. There are 18 cities' Portfolio Officer salary higher than national average in Michigan.
The average salary for a Portfolio Officer in Michigan is $134,121,
but we found that the city with the highest salary for Portfolio Officer jobs is Ann Arbor, MI, and it is higher than Canton.
Portfolio Officer jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $139,421 | $11,618 | $2,681 | $67 |
| Canton | $139,149 | $11,596 | $2,676 | $67 |
| Novi | $138,741 | $11,562 | $2,668 | $67 |
| Westland | $137,654 | $11,471 | $2,647 | $66 |
| West Bloomfield | $137,111 | $11,426 | $2,637 | $66 |
| Detroit | $136,975 | $11,415 | $2,634 | $66 |
| Warren | $136,975 | $11,415 | $2,634 | $66 |
| Dearborn | $136,975 | $11,415 | $2,634 | $66 |
| Waterford | $136,975 | $11,415 | $2,634 | $66 |
| Dearborn Heights | $136,839 | $11,403 | $2,632 | $66 |
What Does a Portfolio Officer Do?
In addition to the merits of a new or existing client, a portfolio officer must also examine the health of the financial markets and economy prior to issuing a loan.
Updated December 16, 2021
Companies may need financing to grow and to purchase necessary materials while portfolio officers may receive bonuses tied to the amount of business volume that is produced.
Updated December 15, 2021
If you are thinking of becoming a Portfolio Officer or planning the next step in your career, find details about.
Updated December 11, 2021
The portfolio officer is generally the person who, with the help of risk-management systems, decides whether or not a borrower should receive financing from an institution.
Updated December 10, 2021
Portfolio officers may be responsible for researching and vetting potential borrowers before approving any fund for distribution.
Updated December 08, 2021
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Explore JobArchitectFrequently Asked Questions About a Portfolio Officer Salaries
What is the average of a Portfolio Officer in Michigan?
The Portfolio Officer salary range is from $95,469 to $172,444, and the average Portfolio Officer salary is $134,121/year in Michigan.
The Portfolio Officer's salary will change in different locations.
Which location pays the highest Portfolio Officer salary in the United States?
The Portfolio Officer salary in San Jose, CA is $170,539
which is the highest in the US.
What kinds of reasons will influence the Portfolio Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Portfolio Officer.
What is the growth rate of the Portfolio Officer's salary?
If you are thinking of becoming a Portfolio Officer or planning the next step in your career, find the detailed salary report of a Portfolio Officer.
