Bank president vs risk manager

The differences between bank presidents and risk managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a bank president and a risk manager. Additionally, a bank president has an average salary of $121,264, which is higher than the $116,072 average annual salary of a risk manager.

The top three skills for a bank president include real estate, treasury and cash management. The most important skills for a risk manager are oversight, risk assessments, and project management.

Bank president vs risk manager overview

	Bank President	Risk Manager
Yearly salary	$121,264	$116,072
Hourly rate	$58.30	$55.80
Growth rate	17%	17%
Number of jobs	36,016	75,795
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 66%
Average age	46	46
Years of experience	8	8

Bank president vs risk manager salary

Bank presidents and risk managers have different pay scales, as shown below.

	Bank President	Risk Manager
Average salary	$121,264	$116,072
Salary range	Between $95,000 And $153,000	Between $84,000 And $160,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Credit Karma
Best paying industry	-	Technology

Differences between bank president and risk manager education

There are a few differences between a bank president and a risk manager in terms of educational background:

	Bank President	Risk Manager
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Bank president vs risk manager demographics

Here are the differences between bank presidents' and risk managers' demographics:

	Bank President	Risk Manager
Average age	46	46
Gender ratio	Male, 67.1% Female, 32.9%	Male, 59.3% Female, 40.7%
Race ratio	Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 9.4% White, 63.4% American Indian and Alaska Native, 0.3%	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between bank president and risk manager duties and responsibilities

Bank president example responsibilities.

Establish leads by building upon existing clientele and developing relationships with major centers of influence including CPA's and attorneys.
Coordinate the development and management of appropriate personnel information, management database providing seamless integration with payroll and other school functions.
Trade equity and fix income securities for regional asset management groups mutual funds and institutional accounts.

Risk manager example responsibilities.

Lead team in addressing Sarbanes-Oxley, HIPAA, and SAS70 compliance and control mandates.
Develop procedures and policies to manage site implementation of successful JD Edwards ERP system.
Direct staff, manage A/R and reconciliations, petty cash disbursements and tracking of all incoming claims and payments.
Manage the loan loss receivables SAS data mart, document change initiatives, implement SAS coding changes and process ongoing updates.
Manage accounting procedures and general ledger reconciliations.
Lead SOX project planning and implementation, successfully implement the corporate governance policies and internal control framework.

Bank president vs risk manager skills

Common bank president skills

Real Estate, 25%
Treasury, 20%
Cash Management, 18%
Commercial Banking, 13%
Financial Products, 6%
Commercial Loans, 3%

Common risk manager skills

Oversight, 10%
Risk Assessments, 6%
Project Management, 6%
Portfolio, 5%
Strong Analytical, 4%
Operational Risk, 4%