Financial Managers, Branch or Department
Direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.
- Overview
- Tasks
- Skills
Median Annual Wage: $115,320
Education: Bachelor's degree (50%); High school diploma or equivalent (17%); Master's degree (14%)
Projected Growth: Average (8% to 14%)
Related Job Titles: Branch Manager; Vice President; Banking Center Manager (BCM); Service Center Manager; Assistant Manager; Assistant Vice President (AVP); Banking Officer; Credit Administration Manager; Financial Center Manager; Regional Manager
Source: O*NET OnLine information for Financial Managers, Branch or Department.
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- Recruit staff members.
- Prepare operational or risk reports for management analysis.
- Evaluate data pertaining to costs to plan budgets.
- Oversee training programs.
Source: O*NET OnLine information for Financial Managers, Branch or Department.
- Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Speaking - Talking to others to convey information effectively.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Coordination - Adjusting actions in relation to others' actions.
- Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
Source: O*NET OnLine information for Financial Managers, Branch or Department.
