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The differences between senior portfolio managers and senior finance 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $115,805 average annual salary of a senior portfolio manager.
The top three skills for a senior portfolio manager include portfolio management, risk management and project management. The most important skills for a senior finance manager are hyperion, financial performance, and financial analysis.
| Senior Portfolio Manager | Senior Finance Manager | |
| Yearly salary | $115,805 | $133,358 |
| Hourly rate | $55.68 | $64.11 |
| Growth rate | 17% | 17% |
| Number of jobs | 45,223 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| 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.
A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.
Senior portfolio managers and senior finance managers have different pay scales, as shown below.
| Senior Portfolio Manager | Senior Finance Manager | |
| Average salary | $115,805 | $133,358 |
| Salary range | Between $67,000 And $199,000 | Between $95,000 And $185,000 |
| Highest paying City | Albany, NY | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Legal & General Investment Management America | Roku |
| Best paying industry | Technology | Professional |
There are a few differences between a senior portfolio manager and a senior finance manager in terms of educational background:
| Senior Portfolio Manager | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior portfolio managers' and senior finance managers' demographics:
| Senior Portfolio Manager | Senior Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 71.9% Female, 28.1% | Male, 70.3% Female, 29.7% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |