Broker Assistant, Securities salary

Broker Assistant, Securities: Salary and Job Duties

Working as a broker assistant in securities involves playing a crucial role in the financial market. The profession can be both challenging and rewarding, with several aspects to consider for those interested in entering this industry.

Salary for Broker Assistant, Securities

The average salary for a broker assistant in securities is 40 200 Swedish kronor per month. However, there is a gender wage gap; men earn an average of 43 500 kronor while women earn 38 100 kronor. This means that women earn approximately 88% of what men do in the same profession. It is also worth noting that the average salary has increased from 37880 kronor since the last measurement.

Job Duties

As a broker assistant in securities, also known as back office personnel, your main responsibilities include supporting brokers and other financial advisors. This may involve managing client accounts, preparing documentation for transactions, performing administrative tasks, and ensuring that all transactions comply with applicable laws and regulations. A significant part of the job also involves communicating with clients and other stakeholders to ensure smooth and efficient operations.

Education and Requirements

To work as a broker assistant in securities, a background in economics, finance, or related fields is usually required. Many employers prefer candidates with a bachelor's degree, although some positions may be available to those with relevant work experience. It is also advantageous to have knowledge of IT and administrative systems, as much of the work is done digitally.

Benefits

Benefits can vary depending on the employer, but it is not uncommon for broker assistants to be offered paid training to enhance their skills and knowledge. Other potential benefits may include a company-paid mobile phone and other technical tools to facilitate work.

What to Consider

If you are interested in working as a broker assistant in securities, it is important to be detail-oriented, organized, and have good communication skills. The work can be stressful and requires handling multiple tasks simultaneously. The ability to work efficiently under pressure and have a strong attention to detail are crucial for success in this role.