Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between branch bankers and assistant branch 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 banker and an assistant branch manager. Additionally, an assistant branch manager has an average salary of $49,913, which is higher than the $33,076 average annual salary of a branch banker.
The top three skills for a branch banker include customer service, excellent interpersonal and customer relationships. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.
| Branch Banker | Assistant Branch Manager | |
| Yearly salary | $33,076 | $49,913 |
| Hourly rate | $15.90 | $24.00 |
| Growth rate | 17% | 17% |
| Number of jobs | 25,853 | 37,800 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A branch banker is responsible for assisting the customers in performing their financial transactions, updating their account information, and resolving bank discrepancies. Branch bankers guide the customers in handling their personal finances and recommend financial services according to the customers' needs and qualifications. They also create financial reports and identify opportunities that would generate more revenue resources by conducting data and statistical reviews. A branch banker must have excellent analytical skills, as well as extensive knowledge of the financial industry, to manage financial functions and set regulations accordingly.
An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.
Branch bankers and assistant branch managers have different pay scales, as shown below.
| Branch Banker | Assistant Branch Manager | |
| Average salary | $33,076 | $49,913 |
| Salary range | Between $26,000 And $41,000 | Between $35,000 And $70,000 |
| Highest paying City | San Jose, CA | San Francisco, CA |
| Highest paying state | Alaska | New Jersey |
| Best paying company | J.P. Morgan | Centennial Bank |
| Best paying industry | Finance | Transportation |
There are a few differences between a branch banker and an assistant branch manager in terms of educational background:
| Branch Banker | Assistant Branch Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between branch bankers' and assistant branch managers' demographics:
| Branch Banker | Assistant Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 45.3% Female, 54.7% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.7% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |