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Departmental assistant vs trading assistant

The differences between departmental assistants and trading assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a departmental assistant and a trading assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $39,690 average annual salary of a departmental assistant.

The top three skills for a departmental assistant include HR, chemistry and data analysis. The most important skills for a trading assistant are trade shows, P/L, and securities.

Departmental assistant vs trading assistant overview

Departmental AssistantTrading Assistant
Yearly salary$39,690$101,645
Hourly rate$19.08$48.87
Growth rate-8%-8%
Number of jobs34,48026,872
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 78%
Average age5050
Years of experience22

Departmental assistant vs trading assistant salary

Departmental assistants and trading assistants have different pay scales, as shown below.

Departmental AssistantTrading Assistant
Average salary$39,690$101,645
Salary rangeBetween $28,000 And $55,000Between $58,000 And $176,000
Highest paying CitySanta Barbara, CAHartford, CT
Highest paying stateHawaiiConnecticut
Best paying companyUniversity of Massachusetts BostonOak Hill Advisors
Best paying industryManufacturingFinance

Differences between departmental assistant and trading assistant education

There are a few differences between a departmental assistant and a trading assistant in terms of educational background:

Departmental AssistantTrading Assistant
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityUniversity of Pennsylvania

Departmental assistant vs trading assistant demographics

Here are the differences between departmental assistants' and trading assistants' demographics:

Departmental AssistantTrading Assistant
Average age5050
Gender ratioMale, 29.5% Female, 70.5%Male, 58.6% Female, 41.4%
Race ratioBlack or African American, 9.1% Unknown, 3.9% Hispanic or Latino, 15.9% Asian, 3.8% White, 66.6% American Indian and Alaska Native, 0.7%Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between departmental assistant and trading assistant duties and responsibilities

Departmental assistant example responsibilities.

  • Manage and develop the daily clinical schedule for the in-patient rehabilitation staff taking into consideration Medicare guidelines and staffing ratios.
  • Input appointments into HRIS (HCM- PeopleSoft) and maintain all HRIS records; process student and limit payroll in
  • Attend various meetings, take dictation, write up and distribute minutes.
  • Process employee time and payroll - records, adjustments, travel and other reimbursable payments.
  • Create and curate social media presence of the department on Instagram, Facebook and Tumblr.
  • Tutor primarily engineering students in the subjects of engineering, physics, math, chemistry, and biology.
  • Show more

Trading assistant example responsibilities.

  • Manage the cross-book with various brokers, trying to get the best rates for ADR trades.
  • Ensure accurate communication between traders and stock markets and manage all derivative portfolios for internationally known trading corporation.
  • Maintain the day-to-day operations of multiple internal trade capture applications, including creating new securities and managing the various classifications.
  • Ensure reporting accuracy by preparing daily profit/loss spreadsheet for entire manage portfolio, including accrual of market positions initiate and liquidate.
  • Cash management and various reconciliations of the hedge fund's feeder and master funds.
  • Calculate daily P/L for hedge fund consisting of futures, equities, and foreign currencies.
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Departmental assistant vs trading assistant skills

Common departmental assistant skills
  • HR, 20%
  • Chemistry, 19%
  • Data Analysis, 12%
  • Word Processing, 9%
  • Routine Correspondence, 6%
  • Scheduling Appointments, 4%
Common trading assistant skills
  • Trade Shows, 12%
  • P/L, 7%
  • Securities, 7%
  • Portfolio, 6%
  • Bloomberg, 6%
  • Fixed Income, 5%

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