The average salary for a Portfolio Administrator is $54,408.
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$40k - $69k
$989 - $10k
$1k - $11k
$40k - $77k
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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. …Read more
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.
Popular Employer Salaries for Portfolio Administrator
Portfolio Administrator Job Listings
Popular Skills for Portfolio Administrator
Skills in Reconciliation and Portfolio Management are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis, Data Analysis and Microsoft Excel.
Pay by Experience Level for Portfolio Administrator
An entry-level Portfolio Administrator with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $48,637 based on 32 salaries. An early career Portfolio Administrator with 1-4 years of experience earns an average total compensation of $52,765 based on 95 salaries. A mid-career Portfolio Administrator with 5-9 years of experience earns an average total compensation of $56,748 based on 40 salaries. An experienced Portfolio Administrator with 10-19 years of experience earns an average total compensation of $61,286 based on 39 salaries. In their late career (20 years and higher), employees earn an average total compensation of $66,496.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Portfolio Administrator in their job title in New York, New York earn an average of 20.5% more than the national average. These job titles also find higher than average salaries in Richmond, Virginia (2.9% more) and Bellevue, Washington (0.2% more). The lowest salaries can be found in Charlotte, North Carolina (6.7% less), Chicago, Illinois (2.7% less) and Boston, Massachusetts (0.1% less).
Years of Experience
This data is based on 216 survey responses.
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