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The differences between portfolio administrators and senior officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a portfolio administrator and a senior officer. Additionally, a senior officer has an average salary of $72,721, which is higher than the $61,414 average annual salary of a portfolio administrator.
The top three skills for a portfolio administrator include booking, securities and CDO. The most important skills for a senior officer are real estate, professional development, and SR.
| Portfolio Administrator | Senior Officer | |
| Yearly salary | $61,414 | $72,721 |
| Hourly rate | $29.53 | $34.96 |
| Growth rate | 17% | 17% |
| Number of jobs | 53,690 | 84,196 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 57% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A Portfolio Administrator oversees financial analysts to put into practice strategies capable of augmenting the organization's portfolio. They research and choose the portfolio's industries, products, and regions and update the stakeholders and management about these investment decisions. Other duties performed by portfolio administrators include writing reports, creating investment strategies, assessing financial information, and monitoring business trends. These professionals also identify market opportunities and risks and reorganize portfolios as required to meet all the financial goals.
The duties of a senior officer depend on their line of work or industry of employment. Typically, as a senior officer, it is their duty to supervise and coordinate staff, set goals and guidelines, manage budgets and schedules, gather and analyze data, and produce progress reports, presenting them to managers or executives. They may also address issues and concerns, resolving them promptly and efficiently. Furthermore, a senior officer must lead and encourage staff to reach goals while implementing the organization's policies and regulations.
Portfolio administrators and senior officers have different pay scales, as shown below.
| Portfolio Administrator | Senior Officer | |
| Average salary | $61,414 | $72,721 |
| Salary range | Between $34,000 And $110,000 | Between $39,000 And $134,000 |
| Highest paying City | Old Bridge, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Citi | U.S. Securities and Exchange Commission |
| Best paying industry | Finance | Finance |
There are a few differences between a portfolio administrator and a senior officer in terms of educational background:
| Portfolio Administrator | Senior Officer | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 57% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between portfolio administrators' and senior officers' demographics:
| Portfolio Administrator | Senior Officer | |
| Average age | 46 | 46 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 67.6% Female, 32.4% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% American Indian and Alaska Native, 0.3% | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |