Vice President & Branch Manager, Banking Salary

A Vice President & Branch Manager, Banking earns an average salary of $68,433 per year. A skill in Commercial Loans is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs. For the first five to ten years in this position, salary increases modestly, but any additional experience does not have a big effect on pay.

$50,933 - $92,319
(Median)
$51K
$68K
$92K
MEDIAN: $68,432
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$50,933 - $92,319  
   
Bonus
$982 - $19,634  
Profit Sharing
$200.00 - $7,500  
Commission
$0.00 - $12,060  
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).
)
$52,762 - $104,284  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 626
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Job Description for Vice President & Branch Manager, Banking

Bank vice presidents and branch managers are responsible for ensuring that the bank branch under their supervision operates effectively. They are in charge of making sure that corporate banking procedures are followed at all times, resolving client issues, and motivating banking professionals to achieve all organizational objectives in a timely manner. They must possess strong analytical and problem-solving skills to handle day-to-day banking operations that involve large amounts of currency. This professional's main functions also include opening and closing the banking branch and making sure all of the day's operations match existing records.

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Vice President & Branch Manager, Banking Tasks

  • Establish and maintain relationships with customers and business partners.
  • Oversee the assistant manager, and monitor the overall financial and customer service performance of the bank.
  • Train, develop, and evaluate the bank sales team, and enforce corporate policies and procedures.
  • Lead strategic planning for a branch of a bank, produce sales plans, and work to expand bank business.
  • Act as a representative of the bank and build relationships with the local community.

Common Career Paths for Vice President & Branch Manager, Banking


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Pay by Experience Level for Vice President & Branch Manager, Banking

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: $74,326

Larger city markers indicate a job is popular in that location.

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Experience Affects Vice President & Branch Manager, Banking Salaries




National Average
$74,000

Entry-Level
up arrow 12%

Skills That Affect Vice President & Branch Manager, Banking Salaries




Business Development
up arrow 4%

Consumer Loans
up arrow 4%

People Management
up arrow 3%

Banking
up arrow 2%

Customer Relationship Management (CRM)
up arrow 1%

National Average
$74,000

Mortgage Loans
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 121 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
0%
1-4 years
4%
5-9 years
16%
10-19 years
41%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 82%
medical benefits
Vision: 71%
dental benefits
None: 6%
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