Branch Manager, Banking in Cleveland, Ohio Salary
How much does a Branch Manager, Banking make in Cleveland, OH? The average salary for a Branch Manager, Banking in Cleveland is $61,098 per year. This is 7% higher than the national average for a Branch Manager, Banking which is $56,748 per year. Salaries for a Branch Manager, Banking in Cleveland range from $52,929 annually to $71,490 per year. Total Annual Compensation, which includes salary, bonus, and commission for a Branch Manager, Banking in Cleveland ranges from $53,625 to $80,664 annually. Among those reporting, there is an average job satisfaction rating of 4 out of 5 stars. Men make up a majority of the Branch Manager, Banking workforce in Cleveland among those reporting — 77 percent to be exact. Many report receiving medical, dental, and vision benefits from their employer.
|Salary||$52,929 - $71,490|
|Bonus||$1,007 - $14,899|
|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).)
|$53,625 - $80,664|
Job Description for Branch Manager, Banking
Banking branch managers lead a team of bank employees. They must make sure that they, and their staff, build strong relationships with their customers or clients. They must work to recognize their customers’ financial needs and financial goals. They must have exceptional interpersonal, leadership, and customer service skills. They must have excellent oral and written communication skills. They must be able to build strong teamwork. They must ensure operational excellence. They must manage their branch’s budget. They closely monitor their branch’s revenue and expenses. They lead staff meetings.Read More...
Employers require that candidates have a bachelor’s degree in marketing, business, finance, or a related fields and/or commensurate work experience in banking and branch management. Depending on the size of their branches, they may be required to pass the series 6 or/and 7 exams, which are administered by the Financial Industry Regulatory Authority (FINRA).
They must be ethical and honest. They must maintain integrity. They must follow relevant government rules and regulations. They must follow their company’s guidelines, policies, and procedures, and they must make sure that their staff follow the same requirements. They must be motivated and driven, in order to expand their branch’s customer base. Employers often prefer candidates who have consumer and real estate lending experience. They must be able to multitask and pay attention to details. (Copyright 2017 PayScale.com)
Branch Manager, Banking Tasks
- Develop, implement, and manage all bank administrative and sales orientated plans and goals.
- Promotes business development and customer service standards.
- Drives sales and loan quotas.
Branch Manager, Banking Job Listings
Key Stats for Branch Manager, Banking
Rated 4 out of 5
based on 4 votes.