There is more than meets the eye when it comes to being a Portfolio Administrator. For example, did you know that they make an average of $38.03 an hour? That's $79,094 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many Portfolio Administrators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Detail oriented.
When it comes to the most important skills required to be a Portfolio Administrator, we found that a lot of resumes listed 9.9% of Portfolio Administrators included Financial Statements, while 9.5% of resumes included Income Securities, and 6.5% of resumes included Asset Value. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the Portfolio Administrator job title. But what industry to start with? Most Portfolio Administrators actually find jobs in the Finance and Professional industries.
If you're interested in becoming a Portfolio Administrator, one of the first things to consider is how much education you need. We've determined that 56.7% of Portfolio Administrators have a bachelor's degree. In terms of higher education levels, we found that 23.3% of Portfolio Administrators have master's degrees. Even though most Portfolio Administrators have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Portfolio Administrator. When we researched the most common majors for a Portfolio Administrator, we found that they most commonly earn Business degrees or Finance degrees. Other degrees that we often see on Portfolio Administrator resumes include Accounting degrees or Economics degrees.
You may find that experience in other jobs will help you become a Portfolio Administrator. In fact, many Portfolio Administrator jobs require experience in a role such as Administrative Assistant. Meanwhile, many Portfolio Administrators also have previous career experience in roles such as Internship or Customer Service Representative.