How to hire a bank president

How to hire a bank president, step by step

Here's a step-by-step bank president hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a bank president job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new bank president
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   Before you start hiring a bank president, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a bank president to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a bank president that fits the bill.

   This list presents bank president salaries for various positions.

   Type of Bank President	Description	Hourly rate
   Bank President	Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.	$45-73
   Accounts Receivable Manager	An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time... Show more	$20-54
   Accounts Payable Manager	An accounts payable manager is in charge of supervising a company's financial activities, particularly in all payable matters. Their primary responsibilities revolve around managing and assessing staff performances and overseeing check and payroll disbursements... Show more	$24-45

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Real Estate
   • Treasury
   • Cash Management
   • Commercial Banking
   • Financial Products
   • Commercial Loans
   • Revenue Growth
   • Treasury Management
   • Securities
   • Community Involvement
   • Origination
   • Credit Analysis
   • Financial Performance
   • Loan Committee

   Check all skills

   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.

3. Make a budget

   Including a salary range in your bank president job description is one of the best ways to attract top talent. A bank president can vary based on:

   • Location. For example, bank presidents' average salary in nebraska is 32% less than in california.
   • Seniority. Entry-level bank presidents 38% less than senior-level bank presidents.
   • Certifications. A bank president with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a bank president's salary.

   Average bank president salary

   $121,264yearly

   $58.30 hourly rate

   ---

   Entry-level bank president salary

   $95,000 yearly salary

   Updated January 20, 2026

4. Writing a bank president job description

   A bank president job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a bank president job description:

   Bank president job description example

   If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
   
   This position is located at our Red Oak branch.
   
   SUMMARY
   
   Manages a branch with assets totaling $50MM - $100MM with a dedicated commercial lending position in the branch. Leads employees in the achieving the bank's goals, mission, vision and values through effectively executing the Service Commitments. Accountable for managing the bank's resources in a manner that will enhance its visibility, positively contribute to the revenue growth and maximize profitability.
   
   ESSENTIAL DUTIES & RESPONSIBILITIES include the following; other duties may be assigned.
   
   * Professionally represent and promote First Interstate Bank in the communities in your market.
   * Active involvement with client relationships and assistance with officer call program and other business development programs.
   * Participate in community activities and events.
   * Monitor credit portfolios.
   * Contribute to branch profitability through loan interest spreads, fee income and cost control.
   * Make credit decisions within lending authority.
   * Keep CBO and CCO informed of credit trends, share outlook of performance of individual loans.
   * Provide leadership and supervise/manage staff.
   * Counsel and train staff to insure consistent results and proper administration of controls.
   * Serve as a resource to personnel to resolve questions or issues beyond their scope or capabilities.
   * Establish goals and objectives for assigned personnel and monitor productivity and performance on a continual basis.
   * Provide quality feedback and performance evaluations in order to develop and retain talent.
   * Contributes to strategic level discussions with Executive Leadership team.
   * Provides practical, relevant ideas and perspectives on processes or process improvement.
   * Actively engages, demonstrates and fosters the First Interstate Bank Mission, Vision and Values by executing the Service Commitments.
   
   SUPERVISORY RESPONSIBILITIES
   
   Manages branch staff.
   
   QUALIFICATIONS
   
   To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
   
   EDUCATION and/or EXPERIENCE
   
   Bachelor's degree from a four-year college or university and 5+ years of bank management experience or equivalent combination of education and experience; proven leadership experience and experience with budgets and achieving financial results; extensive knowledge of credit principles and practices, lending laws and regulations
   
   OTHER SKILLS & ABILITIES
   
   Ability to work effectively with individuals and groups across the company to manage customer relationships; excellent communication skills including the ability to present in small and large groups, including the ability to communicate with affluent clients, prospects and branch employees; excellent verbal and written communication skills; valid Driver's license; proficiency with personal computers and related software packages such as Word and Excel.
   
   LANGUAGE SKILLS
   
   Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries of complaints of customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.
   
   MATHEMATICAL SKILLS
   
   Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
   
   REASONING ABILITY
   
   Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
   
   PHYSICAL DEMANDS
   
   While performing the duties of this job, the employee is regularly required to talk, hear, stand, walk & use hands to finger, handle, or feel. The employee frequently is required to sit. The employee is occasionally required to reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds.
   
   WORK ENVIRONMENT
   
   The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
   
   The noise level in the work environment is usually moderate.
   
   If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

   Copy this example

   

5. Post your job

   There are a few common ways to find bank presidents for your business:

   • Promoting internally or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to meet candidates with the right educational background.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.

   Post your job online:

   • Post your bank president job on Zippia to find and recruit bank president candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   Recruiting bank presidents requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new bank president

   Once you have selected a candidate for the bank president position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

   You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

   To prepare for the new bank president first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire a bank president?