Bank Branch Manager

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Work Tasks

• Manage the branch office of banks, credit unions, mortgage companies, and finance companies
• Make choices based on laws and rules made by the Federal Reserve Board and the government
• Make the rules for loans, fees, account problems, and collecting money owed
• Call customers and businesses to get more people to use the bank
• Work in private offices or areas near customers
• Use computers, tax forms, calculators, bank cards, security codes, and other bank forms

Salary, Size & Growth

• $103,000 average per year ($49.50 per hour)
• A large occupation (478,900 workers in 2010)
• Expected to grow moderately (0.8% per year)

Education/Training

• Minimum for Entry: A 4-year degree in finance, accounting, economics, or business administration
• Employers Prefer: A master's degree in business administration, economics, finance, or risk management and work experience in a bank.
• Skills/Courses: Must keep up-to-date in global trade, federal and state laws and regulations, and financial instruments.