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The differences between branch bankers and audit 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 audit manager. Additionally, an audit manager has an average salary of $121,419, 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 audit manager are CPA, internal audit, and audit reports.
| Branch Banker | Audit Manager | |
| Yearly salary | $33,076 | $121,419 |
| Hourly rate | $15.90 | $58.37 |
| Growth rate | 17% | 17% |
| Number of jobs | 25,853 | 70,168 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 75% |
| 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 audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.
Branch bankers and audit managers have different pay scales, as shown below.
| Branch Banker | Audit Manager | |
| Average salary | $33,076 | $121,419 |
| Salary range | Between $26,000 And $41,000 | Between $82,000 And $178,000 |
| Highest paying City | San Jose, CA | Portland, ME |
| Highest paying state | Alaska | Maine |
| Best paying company | J.P. Morgan | Meta |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a branch banker and an audit manager in terms of educational background:
| Branch Banker | Audit Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between branch bankers' and audit managers' demographics:
| Branch Banker | Audit Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 66.0% Female, 34.0% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |