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Manager, asset management hiring summary. Here are some key points about hiring managers, asset management in the United States:
Here's a step-by-step manager, asset management hiring guide:
A manager of asset management specializes in performing research and analysis to identify ideal asset investments for clients such as stocks, bonds, real estate, and other commodities. Their responsibilities revolve around liaising with clients to identify their needs and long-term goals, trading and managing investments upon clients' request or approval, assisting and monitoring asset acquisition, conducting risk analyses and assessments, and managing portfolios. Furthermore, as a manager, it is essential to lead and encourage the asset management team to reach goals, all while adhering to the company and clients' vision and mission.
Before you start hiring a manager, asset management, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A manager, asset management's background is also an important factor in determining whether they'll be a good fit for the position. For example, managers, asset management from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents manager, asset management salaries for various positions.
| Type of Manager, Asset Management | Description | Hourly rate |
|---|---|---|
| Manager, Asset Management | Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. | $23-69 |
| Banking Center Manager | A banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints... Show more | $45-83 |
| Finance Center Manager | The duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly... Show more | $15-50 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $113,256 | $54 |
| 2 | New York | $111,877 | $54 |
| 3 | New Jersey | $106,382 | $51 |
| 4 | California | $101,090 | $49 |
| 5 | Massachusetts | $99,906 | $48 |
| 6 | Pennsylvania | $99,630 | $48 |
| 7 | Ohio | $97,288 | $47 |
| 8 | District of Columbia | $92,197 | $44 |
| 9 | North Carolina | $91,118 | $44 |
| 10 | Virginia | $89,861 | $43 |
| 11 | Illinois | $84,325 | $41 |
| 12 | Wisconsin | $82,829 | $40 |
| 13 | Nevada | $81,487 | $39 |
| 14 | Arizona | $80,336 | $39 |
| 15 | Oregon | $79,640 | $38 |
| 16 | Iowa | $72,538 | $35 |
| 17 | Washington | $71,902 | $35 |
| 18 | Florida | $69,398 | $33 |
| 19 | Indiana | $68,215 | $33 |
| 20 | Texas | $67,964 | $33 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Willkie Farr & Gallagher | $182,967 | $87.96 | 1 |
| 2 | Meta | $148,753 | $71.52 | 145 |
| 3 | SoftwareONE | $137,190 | $65.96 | |
| 4 | Novo Nordisk | $135,609 | $65.20 | |
| 5 | $134,796 | $64.81 | 59 | |
| 6 | eBay | $132,640 | $63.77 | 6 |
| 7 | Boehringer Ingelheim | $132,555 | $63.73 | 5 |
| 8 | Rivian | $129,205 | $62.12 | 2 |
| 9 | Nike | $126,388 | $60.76 | |
| 10 | General Motors | $125,590 | $60.38 | 1 |
| 11 | ORIX USA | $124,979 | $60.09 | 3 |
| 12 | ResMed | $124,857 | $60.03 | 3 |
| 13 | AbbVie | $124,550 | $59.88 | 23 |
| 14 | Cisco | $122,732 | $59.01 | 49 |
| 15 | Bristol-Myers Squibb | $122,003 | $58.66 | 22 |
| 16 | Bloomberg | $121,616 | $58.47 | 17 |
| 17 | Sutter Health | $118,257 | $56.85 | 3 |
| 18 | Applied Materials | $118,140 | $56.80 | 25 |
| 19 | Procore Technologies | $117,794 | $56.63 | |
| 20 | AIG | $116,504 | $56.01 | 24 |
A good manager, asset management job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a manager, asset management job description:
To find the right manager, asset management for your business, consider trying out a few different recruiting strategies:
During your first interview to recruit managers, asset management, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best manager, asset management candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new manager, asset management first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Recruiting managers, asset management involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
The median annual salary for managers, asset management is $84,570 in the US. However, the cost of manager, asset management hiring can vary a lot depending on location. Additionally, hiring a manager, asset management for contract work or on a per-project basis typically costs between $23 and $69 an hour.