One of the top-paying banking jobs is the Branch Management position. You’re not only good with numbers, but you’re also part salesman, part human resource manager and part customer service rep. Your primary responsibilities will be staff management, business development and customer service. You will be responsible for opening the vault in the morning and closing it at night. You may have to intervene in a customer dispute over charges or loan denials.
This section of banking jobs is expected to grow as more banks expand their branch networks and new banks open. From the Branch Management position, there are many other opportunities to move into corporate executive positions within a financial firm. According to Glassdoor.com, the average bank branch manager salary ranges from $42,000 to $93,000.
Bank size determines the responsibilities of people in branch manager banking jobs. For instance, a small community bank may have the manager overseeing tellers and dealing in commercial lending. Larger banks usually have the branch manager focus on retail customers and treating their banks as their own mini-businesses.
To succeed in these banking jobs, prospective branch managers must understand how to develop a business and work with a team. The top managers understand how to motivate and mentor others and understand the world of finance inside and out. Typically, you will need at least a Bachelor’s Degree and five years of banking experience to apply for branch manager banking jobs.