The average salary for an Early-Career Portfolio Administrator in Chicago, Illinois is $52,486.
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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 Difference by Location
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Employees with Portfolio Administrator in their job title in San Francisco, California earn an average of 21.7% more than the national average. These job titles also find higher than average salaries in Bellevue, Washington (3.9% more) and Boston, Massachusetts (2.7% more). The lowest salaries can be found in Atlanta, Georgia (4.7% less).
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