Senior Portfolio Analyst Salary
For Senior Portfolio Analysts, yearly average wages total $81K annually. Experience level is the biggest factor affecting pay for this group, followed by geography. Most Senior Portfolio Analysts report high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Men make up a slight majority of Senior Portfolio Analysts (50 percent) who responded to the survey. Women make up a slight majority of Senior Portfolio Analysts (50 percent) survey respondents. The information for this snapshot was generated by responses to the PayScale salary survey.
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.
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Pay by Experience Level for Senior Portfolio Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Survey participants with less than five years' experience pocket $82K on average, but those with five to 10 years of experience enjoy a much bigger median of $95K. For Senior Portfolio Analysts, 10 to 20 years of experience on the job amounts to an average salary of $87K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $92K, which is substantially larger than the medians reported by folks with fewer years on their resumes.