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The differences between bankers and bank managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a banker, becoming a bank manager takes usually requires 6-8 years. Additionally, a bank manager has an average salary of $96,910, which is higher than the $44,463 average annual salary of a banker.
The top three skills for a banker include taking care, financial services and securities. The most important skills for a bank manager are bank products, financial services, and business development.
| Banker | Bank Manager | |
| Yearly salary | $44,463 | $96,910 |
| Hourly rate | $21.38 | $46.59 |
| Growth rate | 10% | 17% |
| Number of jobs | 29,725 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 64% |
| Average age | 43 | 46 |
| Years of experience | 4 | 8 |
A banker is primarily responsible for assisting clients with their banking needs, particularly when withdrawing, depositing, and paying. Aside from handling transactions, bankers are also mainly responsible for opening and closing accounts, processing requirements, verifying the validity of documentation, recommending services and other financial options to clients, and resolving inquiries and concerns. A banker may answer calls and correspondence, coordinate with other banking personnel, maintain accurate data, and discuss conditions to clients thoroughly. Furthermore, because a banker mainly works with clients, it is essential to attain customer satisfaction.
A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.
Bankers and bank managers have different pay scales, as shown below.
| Banker | Bank Manager | |
| Average salary | $44,463 | $96,910 |
| Salary range | Between $20,000 And $97,000 | Between $65,000 And $142,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Citi | Accenture |
| Best paying industry | Finance | Finance |
There are a few differences between a banker and a bank manager in terms of educational background:
| Banker | Bank Manager | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between bankers' and bank managers' demographics:
| Banker | Bank Manager | |
| Average age | 43 | 46 |
| Gender ratio | Male, 46.3% Female, 53.7% | Male, 48.9% Female, 51.1% |
| Race ratio | Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 6% | 11% |