The average salary for an Entry-Level Portfolio Administrator is $48,637.
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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.
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Pay by Experience Level for Portfolio Administrator
An early career Portfolio Administrator with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $52,506 based on 101 salaries. A mid-career Portfolio Administrator with 5-9 years of experience earns an average total compensation of $57,675 based on 28 salaries. An experienced Portfolio Administrator with 10-19 years of experience earns an average total compensation of $61,244 based on 35 salaries. In their late career (20 years and higher), employees earn an average total compensation of $67,683.
Years of Experience
This data is based on 180 survey responses.
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