Banking Center Manager Salary
With just below three-fifths of Banking Center Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $40K to $80K per year and averages out to $57K per year. Compensation for this group is mainly affected by experience level, but the particular city and the individual firm are influential factors as well. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most Banking Center Managers survey respondents are women (75 percent). For the most part, Banking Center Managers enjoy their work and report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
|Salary||$39,950 - $76,878|
|Bonus||$1,163 - $10,271|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$39,704 - $79,535|
|Bonus||$1,163 - $10,271|
|Total Pay (||$39,704 - $79,535|
Job Description for Banking Center Manager
Banking center managers oversee the daily operations of their center; some banking center managers oversee several small branches, but most are responsible for only one location. This includes supervising sales and service employees within the center. Banking center managers must routinely perform a variety of tasks, including overseeing staff compliance with bank policies and procedures, ensuring new hires are properly trained, and ensuring staff adherence to security protocols. Customer service skills are also used as required. Occasionally, this position requires lifting small items such as cash drawers, bags or rolls of coins, and other assorted parcels.Read More...
Banking center managers must have a strong knowledge of bank operations, and the products and services offered by their banking center. They must also have strong leadership skills, including decision-making, motivational, and conflict-resolution skills. Banking center managers also typically have sales experience, as they frequently work closely with their subordinates on the sales staff. Additionally, general office and computer skills are required to perform this job effectively.
A high school diploma or equivalent is typically required for this position, as well as at least three to five years of general banking experience. Banking center managers generally work full time during regular business hours, although additional and/or alternative hours may be required depending on their center's hours.
Banking Center Manager Tasks
- Oversee banking facilities and staff, including setting sales and operations goals.
- Oversee audits and handle complex transactions, problems and special customers.
- Create, update and report on budget and staffing schedules.
- Hire and mentor staff and ensure compliance with legal requirements.
Banking Center Manager Job Listings
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Popular Employer Salaries for Banking Center Manager
With a median salary of $70K, Bank of America Corp. (BOFA) provides Banking Center Managers with the lowest pay in their field; moreover, earnings are capped at only $92K, limiting employee salary growth.
Popular Skills for Banking Center Manager
Banking Center Managers who responded to the survey report just a handful of professional skills. Most notably, skills in Sales Management, Customer Service, Operations Management, and Business Development are correlated to pay that is above average. At the other end of the pay range are skills like People Management. The majority of those who know Operations Management also know Customer Service.
Pay by Experience Level for Banking Center Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Banking Center Managers do not generally earn higher incomes from more experience in the field. Relatively untried employees who have less than five years' experience make $50K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $55K. Banking Center Managers see a median salary of $61K after reaching one to two decades on the job. Banking Center Managers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $63K.
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Key Stats for Banking Center Manager
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