The average salary for an Assistant Bank Manager is $43,692.
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Job Description for Assistant Bank Manager
The assistant bank manager helps ensure that their institution runs smoothly on a day-to-day basis. This position requires the ability to communicate effectively, especially in strengthening or establishing relationships with current and prospective customers; because a large variety of customers use banks, the assistant bank manager must be knowledgeable about their institution's offerings. The assistant bank manager must be able to manage the bank's employees as well. This typically involves…Read more
Assistant Bank Manager Tasks
- Hire, train, and supervise customer service representatives and financial service managers.
- Enforce bank regulations and oversee bank security measures.
- Monitor branch financial activities, performing audits, reviewing reports, and managing cash levels.
- Work to gain and retain customers by maintaining high standards of customer service.
Job Satisfaction for Assistant Bank Manager
Popular Employer Salaries for Assistant Bank Manager
The top respondents for the job title Assistant Bank Manager are from the companies Bank of America Corp. (BOFA), Regions Bank and TD Bank, N.A.. Reported salaries are highest at Comerica Bank where the average pay is $60,166. Other companies that offer high salaries for this role include TD Bank, N.A. and Bank of America Corp. (BOFA), earning around $52,965 and $49,920, respectively. Regions Bank pays the lowest at around $39,527. TD Banknorth and Chase Bank also pay on the lower end of the scale, paying $42,500 and $45,000, respectively.
Assistant Bank Manager Job Listings
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Popular Skills for Assistant Bank Manager
Skills in Banking and Team Leadership are correlated to pay that is above average. Skills that pay less than market rate include Sales, Operations Management and Customer Service.
Pay by Experience Level for Assistant Bank Manager
An entry-level Assistant Bank Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $35,685 based on 8 salaries. An early career Assistant Bank Manager with 1-4 years of experience earns an average total compensation of $39,700 based on 81 salaries. A mid-career Assistant Bank Manager with 5-9 years of experience earns an average total compensation of $42,571 based on 86 salaries. An experienced Assistant Bank Manager with 10-19 years of experience earns an average total compensation of $44,602 based on 129 salaries. In their late career (20 years and higher), employees earn an average total compensation of $46,461.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Assistant Bank Manager in their job title in New York, New York earn an average of 39.6% more than the national average. These job titles also find higher than average salaries in Portland, Oregon (24.4% more) and Austin, Texas (6.5% more). The lowest salaries can be found in Philadelphia, Pennsylvania (14.6% less), Bel Air, Maryland (6.2% less) and St. Louis, Missouri (3.9% less).
Years of Experience
This data is based on 354 survey responses.
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