Branch account manager vs risk manager

The differences between branch account managers 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 branch account manager and a risk manager. Additionally, a risk manager has an average salary of $116,072, 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 risk manager are oversight, risk assessments, and project management.

Branch account manager vs risk manager overview

	Branch Account Manager	Risk Manager
Yearly salary	$49,275	$116,072
Hourly rate	$23.69	$55.80
Growth rate	17%	17%
Number of jobs	115,974	75,795
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 66%
Average age	46	46
Years of experience	8	8

Branch account manager vs risk manager salary

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

	Branch Account Manager	Risk Manager
Average salary	$49,275	$116,072
Salary range	Between $35,000 And $68,000	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 branch account manager and risk manager education

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

	Branch Account Manager	Risk Manager
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Branch account manager vs risk manager demographics

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

	Branch Account Manager	Risk Manager
Average age	46	46
Gender ratio	Male, 50.7% Female, 49.3%	Male, 59.3% Female, 40.7%
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, 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 branch account manager and risk 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.

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.

Branch account manager vs risk 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 risk manager skills

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