Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior portfolio managers and finance center managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a senior portfolio manager and a finance center manager. Additionally, a senior portfolio manager has an average salary of $115,805, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for a senior portfolio manager include portfolio management, risk management and project management. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Senior Portfolio Manager | Finance Center Manager | |
| Yearly salary | $115,805 | $58,763 |
| Hourly rate | $55.68 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 45,223 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior portfolio manager is responsible for evaluating the financial portfolios of clients to identify the best investment decisions accordingly. Senior portfolio managers conduct data and statistical analysis of the financial market performance to measure the value of financial instruments and funds. They manage the buying and selling of financial securities based on the clients' specifications and requirements and regularly following the market movement to meet the clients' best interests. A senior portfolio manager must have excellent analytical and leadership skills, especially in coordinating with portfolio analysts, to determine the best courses to minimize the clients' financial loss and risks.
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. They are also responsible for performing clerical tasks such as producing progress reports and presentations, managing schedules, setting goals and deadlines, processing documents, and maintaining data and records of all financial activities. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Senior portfolio managers and finance center managers have different pay scales, as shown below.
| Senior Portfolio Manager | Finance Center Manager | |
| Average salary | $115,805 | $58,763 |
| Salary range | Between $67,000 And $199,000 | Between $33,000 And $104,000 |
| Highest paying City | Albany, NY | - |
| Highest paying state | Connecticut | - |
| Best paying company | Legal & General Investment Management America | - |
| Best paying industry | Technology | - |
There are a few differences between a senior portfolio manager and a finance center manager in terms of educational background:
| Senior Portfolio Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior portfolio managers' and finance center managers' demographics:
| Senior Portfolio Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 71.9% Female, 28.1% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.1% White, 63.4% American Indian and Alaska Native, 0.3% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.0% White, 64.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |