Market President Salary
Earnings for Market Presidents in the United States come in at around $132K annually on average. Work is enjoyable for Market Presidents, who typically claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Market Presidents who participated in the survey are largely men, dominating at 68 percent. This snapshot results from replies to PayScale's salary survey.
|Salary||$72,046 - $182,724|
|Bonus||$4,750 - $50,565|
|Total Pay (||$77,113 - $234,698|
Job Description for Market President
Market presidents are on a business's "front lines" and serve as leaders by overseeing budget-planning, loan growth, and maximization of revenue. They may also be responsible for credit quality, collection functions, marketing efforts, supervising lenders, reviewing loans, networking, and calling potential customers.Read More...
This position is mostly mental and involves a great deal of interaction with others, but also heavy analysis of numbers and financial data. Market presidents work closely with other executives and employees underneath them in an office setting, though some travel may also be required on a case-by-case basis.
A bachelor's degree in business or finance is often a minimum requirement for this position, and companies may also require at least ten years of banking experience and five years of management experience. Other important skills include proficiency in Microsoft Office programs, strong written and verbal communication skills, and in-depth knowledge of marketing and credit. As a president of the company, strong character and leadership skills are also essential. (Copyright 2017 PayScale.com)
Market President Tasks
- Conceive and implement financial market development plans.
- Support interaction with and provide guidance to outside banking centers.
- Formulate long term institutional goals and strategies.
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