Banking Center Manager Salary
Slightly more than half of Banking Center Managers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $40K to $78K per year, and the average comes out to $56K per year. Location is the main element affecting pay for this group — experience level and the individual firm are driving factors as well. Men are in the minority of survey respondents, with female Banking Center Managers making up 75 percent. Work is enjoyable for Banking Center Managers, who typically claim high levels of job satisfaction. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. The data in this summary comes from the PayScale salary survey.
|Salary||$40,137 - $74,866|
|Bonus||$1,003 - $10,038|
|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).)
|$40,384 - $78,235|
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.
Popular Employer Salaries for Banking Center Manager
Bank of America Corp. (BOFA) offers the smallest salaries in town — $68K on average — but the considerable range in workers' salaries (stretching from $52K to $94K) creates a rather varied pay scale.
Popular Skills for Banking Center Manager
Banking Center Managers usually report a few specific skills. Most notably, skills in Sales Management, Customer Service, Business Development, and Operations Management are correlated to pay that is above average. Skills that pay less than market rate include People Management. Those proficient in Operations Management are, more often than not, also skilled in Customer Service.
Pay by Experience Level for Banking Center Manager
Pay by Experience for a Banking Center Manager has a positive trend. An entry-level Banking Center Manager with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Banking Center Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 45 salaries. An experienced Banking Center Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $61,000 based on 51 salaries. A Banking Center Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $64,000 based on 22 salaries.
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Key Stats for Banking Center Manager
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