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If you want to become a bank manager, you first need to determine if this career path is a good
fit for your skills, interests and personality traits. If the following description sounds like you,
then youre probably well suited for a career as a bank manager:
You have a thorough understanding of financial product regulations and the legal aspects of
banking
You have the patience and stamina to meet the training, experience and education requirements
You enjoy having clear rules and methods to guide work activities
Below we've outlined what you'll need to begin a career as a bank manager. We've also included
helpful information for this career, such as job description, job duties, salary expectations, a list
of possible employers and much more!
Gain experience in branch operations and work your way up: If you want to become a bank
manager by working your way up, you will typically need 5 years or more of experience in roles
such as Loan Officer, Accountant, Auditor, Securities Sales Agent, or Financial Analyst. Working
in such positions will allow you to gain a great deal of experience in the operations of the branch
and the corporate system in which it operates. In addition to work experience, most banks and
financial institutions will require management candidates to complete a training program in order
to qualify for a job as a bank manager.
Some banks, credit union or other financial institution systems do not require their management
candidates to have a university degree or college diploma, as they may have an in-house
management training program that provides them with the required knowledge base and skill set.
However, these programs typically allow candidates with a university degree in a field related to
bank management to complete the training in less time.
Ensure proper corporate policies and procedures are being followed by branch employees
May develop and implement branch business plan
Help customers identify financial goals and present plans to help them achieve those goals
Ensure that the branch is meeting sales and customer service standards
Credit Management
Banks
Credit unions
Commodities brokerages
Trust companies
Bank Manager Salary Alberta: According to the 2011 Alberta Wage and Salary Survey,
Albertans working in the Banking, Credit and Other Investment Managers occupational group
earn an average of between $31.14 and $47.39 per hour.
Bank Manager Salary Canada: According to Service Canada, the average salary of Canadians
in the Banking, Credit and Other Investment Managers occupational group is $76,496 per year.
Bank Manager Salary United States: According to the United States Bureau of Labor
Statistics, the median salary level of American workers in the Financial Managers occupational
group is $109,740 per year.
Able to lead and motivate staff, and direct their work activities
Sales and marketing skills; able to develop a business plan for the branch and ensure it is
executed by staff
A thorough understanding of financial product regulations and the legal aspects of banking
The ability to build and maintain meaningful respectful relationships with staff and customers
A demonstrated ability to provide advice on the best course of action to address a variety of
operational issues
Strong understanding of, and experience in, general management concepts, such as finance,
human resources, marketing, sales, compliance, operations
Account Manager
Credit Manager
Finance Manager
Investment Portfolio Manager
Operations Manager
Success Tip: Be sure to apply for any scholarships that you even barely qualify for, as there are
millions of dollars of scholarships that go unused every year due to a lack of applicants!
Accounting
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