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Asset manager vs banking center manager

The differences between asset managers and banking center managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an asset manager and a banking center manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $85,814 average annual salary of an asset manager.

The top three skills for an asset manager include asset management, financial statements and property management. The most important skills for a banking center manager are business development, bank products, and bank policies.

Asset manager vs banking center manager overview

Asset ManagerBanking Center Manager
Yearly salary$85,814$128,585
Hourly rate$41.26$61.82
Growth rate17%17%
Number of jobs64,73287,078
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does an asset manager do?

An asset manager is responsible for advising clients with their investment preferences and financial goals based on their assets' quantity and value. Asset managers regularly meet with their clients regarding their asset management's progress, recommending more investment options and considering the clients' needs. They manage financial portfolios and prepare stock market reports and forecasts as needed. An asset manager must have a broad knowledge of the financial industry and investment processes, identifying profit opportunities for long-term investment objectives.

What does a banking center manager do?

A banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints. A banking center manager must have excellent communication and analytical skills, especially in developing banking solutions that would increase the bank's reliability to the customers.

Asset manager vs banking center manager salary

Asset managers and banking center managers have different pay scales, as shown below.

Asset ManagerBanking Center Manager
Average salary$85,814$128,585
Salary rangeBetween $59,000 And $123,000Between $95,000 And $173,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyDeutsche Bank-
Best paying industryFinance-

Differences between asset manager and banking center manager education

There are a few differences between an asset manager and a banking center manager in terms of educational background:

Asset ManagerBanking Center Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Asset manager vs banking center manager demographics

Here are the differences between asset managers' and banking center managers' demographics:

Asset ManagerBanking Center Manager
Average age4646
Gender ratioMale, 64.3% Female, 35.7%Male, 47.0% Female, 53.0%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3%Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between asset manager and banking center manager duties and responsibilities

Asset manager example responsibilities.

  • Manage and improve the processes require to support server end of life and normal windows patching processes.
  • Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
  • Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
  • Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
  • Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
  • Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.
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Banking center manager example responsibilities.

  • Manage and increases the efficiency of support services such as human resources, develops individual program budgets; handles payroll.
  • Manage local beauty-supply branch and are responsible for performing payroll, completing all store inventory, and hiring new employees.
  • Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
  • Assure compliance with AABB, JCAHO, FDA, CLIA, OSHA, and NAACLS standards.
  • Review daily, monthly QC, and temp checks.
  • Ensure compliance with governing agencies such as CLIA, API, OSHA and AABB.
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Asset manager vs banking center manager skills

Common asset manager skills
  • Asset Management, 20%
  • Financial Statements, 7%
  • Property Management, 7%
  • Customer Service, 6%
  • Oversight, 5%
  • Loan Portfolio, 5%
Common banking center manager skills
  • Business Development, 7%
  • Bank Products, 7%
  • Bank Policies, 6%
  • Customer Relationships, 6%
  • Regulatory Compliance, 4%
  • Secrecy, 4%

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