Market President Salary
Earnings for Market Presidents in the United States come in at around $136K annually on average. Most Market Presidents survey respondents are men (70 percent). Most Market Presidents report high levels of job satisfaction. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. This report is based on answers to PayScale's salary questionnaire.
|Salary||$70,723 - $203,019|
|Bonus||$4,122 - $77,469|
|Total Pay (||$71,860 - $245,550|
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.
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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Key Stats for Market President
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