Manager Investment Bank Salary in Waukegan, Illinois

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Manager Investment Bank in Waukegan, Illinois

The average salary of a(n) Manager Investment Bank in Waukegan, Illinois is $133,295.

The average hourly rate of a(n) Manager Investment Bank in Waukegan, Illinois is $64.08.

The average bonus of a(n) Manager Investment Bank in Waukegan, Illinois is $12,570.00.

Job Description:

Manages staff and oversees the allocation and investment of cash/funds to optimize rate of return and compliance with governing regulations. Directs purchasing of government bonds or other acceptable securities, sale or redemption of bonds and securities on due date, substitution of purchased bonds and securities for those sold or redeemed, and regulation of funds to branch offices, correspondent banks, and reserve banks to ensure funds are kept at prescribed levels and in accordance with deposit agreements. NOTE: ERI's findings based on asset size. Sets up deposit agreements with correspondent banks or designated reserve bank, and directs placement of funds to fulfill agreements. Reviews consolidated financial statements to determine reserve position, and adjusts reserves in order to obtain specified ratio of reserves to liabilities. Prepares reports for management on status of legal reserves and reserve position. May manage placement of collateral funds in safekeeping accounts of correspondent banks or banks designated as reserve banks to adjust and provide for institution's reserve position following prescribed requirements of regulatory bodies. May manage cashier activities. Less

Manages staff and oversees the allocation and investment of cash/funds to optimize rate of return and compliance with governing regulations. Directs purchasing of government bonds or other acceptable securities, sale or redemption of bonds and securities on due date, substitution... More

How helpful is this page?

Are you a(n) Manager Investment Bank?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Waukegan, Illinois

View Salaries for Manager Investment Bank in Other Cities

Job Openings by Indeed job search

Results for Manager Investment Bank in Waukegan, Illinois

Investment Specialist, Call Center - Buffalo Grove, IL

BMO Financial Group

All formal complaints must be immediately shared with the Investment & Retirement Center Manager and Chief Compliance Officer....

View job on Indeed.com

Construction Loan Supervisor - Gurnee, IL

First Midwest Bank

Assist manager with special projects as required. Provide recommended solutions to Manager on identified critical issues....

View job on Indeed.com

Senior Operations Manager - Lincolnshire, IL

Aon

Senior Operations Manager. The CIT will be sub-advised by Aon Hewitt Investment Consultants, Aon Hewitt's investment consulting subsidiary....

View job on Indeed.com

Merrill Lynch Team Financial Advisor Program (Planning) Northbrook, IL - Northbrook, IL

Bank of America

Proficiency in using SalesForce / Client Relationship Manager Tool. Merrill Lynch Wealth Management is part of Bank of America Corporation....

View job on Indeed.com

Consumer Banking Rep Bilingual - Waukegan, IL

First Midwest Bank

Maintain thorough knowledge of all bank products and services including pricing, bank policies and government regulations....

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x