Portfolio Administrator Salary (Canada)
The average salary for a Portfolio Administrator is C$48,072 per year. Experience does not have a big impact on this job’s pay. Most people move on to other jobs if they have more than 20 years' experience in this field.
|Salary||C$38,447 - C$60,885|
|Bonus||C$980 - C$7,255|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|C$39,261 - C$63,806|
Job Description for Portfolio Administrator
Portfolio administrators are responsible for the accurate and timely implementation of client accounts. Some of their basic job duties include providing direct service to assigned clients, coordinating various reports and reviews, preparing financial statement request letters, and following up for information. Portfolio administrators also assist in the collection of delinquent accounts and tax payments as necessary. Most portfolio administrators work for banks or other financial institutions. They generally work in an office environment and report directly to managers.Read More...
Portfolio administrators must have excellent communication skills, working well with clients to answer questions, deliver necessary information, and process financial transactions. They may also plan and/or lead education events for clients, as well as educational materials such as informational emails.
This position often requires a bachelor’s degrees in economics, finance, management, accounting, or a related field. A post-baccalaureate degree (such as a master's of business administration, or MBA) may be preferred. Usually, a minimum of two years' experience is required, and employers may require relevant licensing. Knowledge of basic computer software is needed, as are good organizational, and analytical skills. Negotiation skills and knowledge of contact administration are necessary as well. A background check might also be required for employment. (Copyright 2018 PayScale.com)
Portfolio Administrator Tasks
- Read, interpret and manage portfolio documents.
- Manage compliance and regulatory adherence across the portfolio and for reporting.
- Process and reconcile daily, weekly and monthly balances.
- Review data, create reports and understand the current state of the portfolio.
- Set up, maintain and evaluate accounts.
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Key Stats for Portfolio Administrator
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based on 6 votes.