Senior Portfolio Analyst Salary
Senior Portfolio Analysts in the United States can expect wages of $78K per year on average. Career length and the particular city each impact pay for this group, with the former having the largest influence. Most people on this career path report moderate levels of job satisfaction. Women are just slightly outnumbered, with male Senior Portfolio Analysts making up 54 percent of survey respondents. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
|Salary||$47,479 - $102,773|
|Bonus||$2,043 - $20,492|
|Total Pay (||$46,752 - $113,430|
Job Description for Senior Portfolio Analyst
Senior portfolio analysts are responsible for analyzing portfolios and other investment options on behalf of their company or clients. They are in charge of providing sound financial and investment advice to meet both client and company portfolio expectations, and must be organized and pay close attention to detail when analyzing such information.Read More...
One of the main responsibilities involves producing detailed reports based on the results of analysis and distributing investments. Those in this position should have extensive knowledge of calculation methodologies when running complex risk models and use quantitative tools to maintain oversight of portfolio analytic metrics and attribution systems. In addition, these individuals are in charge of leading a team in optimizing portfolio balances and analyzing risk.
Senior portfolio analysts also use analysis benchmark characteristics in order to meet project requirements. They must work efficiently with other analysts by sharing key portfolio information and reaching all company milestones in a timely manner. Among their other duties are providing support to the interface and developing and implementing portfolio methods to increase performance. Personal computers are used to create and interpret performance analysis results of equity, financial products, and other investments. Those in this position report their progress to the portfolio analysis vice president in their department, and also participate in mentoring sessions for junior analysts
These individuals must constantly update their knowledge with the newest technology and work in a fast-paced environment with strict deadlines. They must also follow all privacy regulations to respect portfolio identities. A Bachelor's degree in Finance, Economics, or a related field is required, and previous years of experience in an analyst capacity are often essential. Industry certifications are also beneficial.
Senior Portfolio Analyst Tasks
- Lead team performing statistical and financial analysis on credit risk issues impacting the portfolio.
- Innovate analytic approaches, techniques, and loss mitigation strategies for analyst team and senior management.
- Analyze data sets and portfolio for valuation studies and to develop strategies to reduce credit losses.
- Identify portfolio risk of default cycles in collections, loss mitigation, bankruptcy, foreclosure and REO.
Pay by Experience Level for Senior Portfolio Analyst
Pay by Experience for a Senior Portfolio Analyst has a positive trend. An entry-level Senior Portfolio Analyst with less than 5 years of experience can expect to earn an average total compensation of $68,000 based on 33 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Portfolio Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $95,000 based on 24 salaries. An experienced Senior Portfolio Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $88,000 based on 12 salaries. A Senior Portfolio Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $92,000 based on 5 salaries.
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