Branch account manager vs cash manager

The differences between branch account managers and cash 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 branch account manager and a cash manager. Additionally, a cash manager has an average salary of $93,363, which is higher than the $49,275 average annual salary of a branch account manager.

The top three skills for a branch account manager include customer service, payroll and loan applications. The most important skills for a cash manager are customer service, cash management, and treasury.

Branch account manager vs cash manager overview

	Branch Account Manager	Cash Manager
Yearly salary	$49,275	$93,363
Hourly rate	$23.69	$44.89
Growth rate	17%	17%
Number of jobs	115,974	60,517
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 64%
Average age	46	46
Years of experience	8	8

Branch account manager vs cash manager salary

Branch account managers and cash managers have different pay scales, as shown below.

	Branch Account Manager	Cash Manager
Average salary	$49,275	$93,363
Salary range	Between $35,000 And $68,000	Between $66,000 And $130,000
Highest paying City	-	Redding, CA
Highest paying state	-	California
Best paying company	-	PVH
Best paying industry	-	Manufacturing

Differences between branch account manager and cash manager education

There are a few differences between a branch account manager and a cash manager in terms of educational background:

	Branch Account Manager	Cash Manager
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Branch account manager vs cash manager demographics

Here are the differences between branch account managers' and cash managers' demographics:

	Branch Account Manager	Cash Manager
Average age	46	46
Gender ratio	Male, 50.7% Female, 49.3%	Male, 38.2% Female, 61.8%
Race ratio	Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.3% White, 64.3% American Indian and Alaska Native, 0.3%	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between branch account manager and cash manager duties and responsibilities

Branch account manager example responsibilities.

Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
Close loans in accordance with NMLS policy and procedure.
Maintain detail sales and account information in corporate customer relationship management (CRM) system in support of cross-departmental business intelligence.
Conduct weekly seminars on recruiting new members and competitive lenders.

Cash manager example responsibilities.

Lead and implement design of finance functions of new ERP system.
Manage day-to-day operational processing of securities lending program along with performing frequent analysis and audits for management reporting.
Process weekly ACH sweeps from depository accounts to corporate, wire transfers and other banking functions using PC.
Convert the in house manual system to an ADP ERP system.
Report bi-weekly on Sarbanes-Oxley relate to credits, debits and manual price adjustments.
Research and application of all GAAP policies and procedures as they pertain to the business.

Branch account manager vs cash manager skills

Common branch account manager skills

Customer Service, 17%
Payroll, 8%
Loan Applications, 5%
Insurance Products, 5%
Business Development, 4%
Journal Entries, 4%

Common cash manager skills

Customer Service, 32%
Cash Management, 10%
Treasury, 6%
Financial Statements, 4%
Reconciliations, 4%
ACH, 3%