Bond Department Manager Salary in Alabama - State Average

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Average Salary for Bond Department Manager in Alabama - State Average

The average salary of a(n) Bond Department Manager in Alabama - State Average is $101,135.

The average hourly rate of a(n) Bond Department Manager in Alabama - State Average is $48.62.

The average bonus of a(n) Bond Department Manager in Alabama - State Average is $8,141.00.

Job Description:

Manages and coordinates brokerage activities concerned with buying or selling bonds for clients. Develops and implements plans to ensure compliance of workers with established programs, procedures, and practices. Oversees and coordinates subordinate staff. Must be a registered broker. Directs in-service training to increase effectiveness of client's services and increase trade volume. Establishes internal control procedures to control margin accounts, short sales, and options, and to reduce office errors and client complaints. Reviews recapitulation of daily transactions to ensure accordance with rules and regulations of regulatory bodies, exchanges, or Board of Trade. Analyzes operations to ascertain areas where cost reductions could be effected or program improvements initiated. Evaluates profitability of gross sales and transactions periodically. Conducts staff meetings of personnel to discuss changes in policy, redirection of sales emphasis to other programs, or to propose methods and procedures that could increase firm's share of local market and trade volume. Explains availability of firm's research and customer service facilities and how use of facilities can be made to promote customer relations and promote sales. Prepares activity reports for evaluation by management. Screens, selects, and hires sales representatives and other employees. Less

Manages and coordinates brokerage activities concerned with buying or selling bonds for clients. Develops and implements plans to ensure compliance of workers with established programs, procedures, and practices. Oversees and coordinates subordinate staff. Must be a registered broker. Directs in-service... More

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