If you enjoy managing an operation but have only one to two years of experience, becoming an assistant branch manager can be a viable option.
Daily, an assistant branch manager is tasked with managing the business operations of a specific branch area. This includes activities such as monitoring inventory, developing employee schedules, managing visual merchandising plans, facilitating stocking, and producing employee assessment reports. Besides that, they implement sales strategies and lead in hiring and training of employees.
Employers require assistant branch managers to have a bachelor's degree related to business and at least one year of relevant work experience. This role earns, on average, $26 per hour and suits individuals who are business-minded.
There is more than meets the eye when it comes to being an assistant branch manager. For example, did you know that they make an average of $25.16 an hour? That's $52,325 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many assistant branch managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and organizational skills.
When it comes to the most important skills required to be an assistant branch manager, we found that a lot of resumes listed 13.1% of assistant branch managers included customer service, while 9.3% of resumes included bank products, and 4.8% of resumes included loan applications. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the assistant branch manager job title. But what industry to start with? Most assistant branch managers actually find jobs in the finance and professional industries.
If you're interested in becoming an assistant branch manager, one of the first things to consider is how much education you need. We've determined that 52.4% of assistant branch managers have a bachelor's degree. In terms of higher education levels, we found that 12.2% of assistant branch managers have master's degrees. Even though most assistant branch managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an assistant branch manager. When we researched the most common majors for an assistant branch manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on assistant branch manager resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become an assistant branch manager. In fact, many assistant branch manager jobs require experience in a role such as teller. Meanwhile, many assistant branch managers also have previous career experience in roles such as customer service representative or personal banker.