Branch banker vs finance administrator

The differences between branch bankers and finance administrators 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 a finance administrator. Additionally, a finance administrator has an average salary of $55,541, 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 a finance administrator are customer service, financial aid, and powerpoint.

Branch banker vs finance administrator overview

	Branch Banker	Finance Administrator
Yearly salary	$33,076	$55,541
Hourly rate	$15.90	$26.70
Growth rate	17%	17%
Number of jobs	25,853	130,256
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 61%
Average age	46	46
Years of experience	8	8

What does a branch banker do?

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.

What does a finance administrator do?

A finance administrator is responsible for supporting the financial operations of an organization, handling the accuracy of financial transactions, and resolving discrepancies in the company's financial statements. Finance administrators analyze the company's financial performance, including its losses and revenues, writing financial reports, and providing recommendations for cost-reduction processes to minimize financial risks. They also handle the allocation of departmental budgets, assist in tax audits, and process invoices and payroll release. A finance administrator must have excellent analytical skills and an extensive knowledge of the financial industry.

Branch banker vs finance administrator salary

Branch bankers and finance administrators have different pay scales, as shown below.

	Branch Banker	Finance Administrator
Average salary	$33,076	$55,541
Salary range	Between $26,000 And $41,000	Between $38,000 And $80,000
Highest paying City	San Jose, CA	Dover, DE
Highest paying state	Alaska	Delaware
Best paying company	J.P. Morgan	State Street
Best paying industry	Finance	Manufacturing

Differences between branch banker and finance administrator education

There are a few differences between a branch banker and a finance administrator in terms of educational background:

	Branch Banker	Finance Administrator
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Branch banker vs finance administrator demographics

Here are the differences between branch bankers' and finance administrators' demographics:

	Branch Banker	Finance Administrator
Average age	46	46
Gender ratio	Male, 32.2% Female, 67.8%	Male, 29.3% Female, 70.7%
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, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.2% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between branch banker and finance administrator duties and responsibilities

Branch banker example responsibilities.

Manage customer portfolios, service relationships, and used profiling analysis tools to identify cross-selling opportunities.
Have NMLS #for initiating loans.
Oversee entire loan process including application, origination, and closing.
Maintain the vault, the ATM, and associate security procedures.
Send and receive wire transfers, NMLS certify, handle client complaints, etc.
Process all teller transactions and balance individual cash drawer, branch vault, and ATM.

Finance administrator example responsibilities.

Manage the design and implementation of appropriate controls as per Sarbanes-Oxley (SOX) and internal corporate procedures.
Manage key logistics and secure necessary resources within budget constraints.
Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
Do A/P, A/R and G/L.
Prepare daily, weekly and monthly reports including fund loans, commissions, titles, A/P & A/R.
Assist families with Medicaid applications.

Branch banker vs finance administrator skills

Common branch banker skills

Customer Service, 16%
Excellent Interpersonal, 15%
Customer Relationships, 10%
Financial Solutions, 8%
Loan Payments, 6%
Bank Products, 5%

Common finance administrator skills

Customer Service, 17%
Financial Aid, 12%
PowerPoint, 7%
Rehabilitation, 7%
Balance Sheet, 4%
Human Resources, 4%

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Branch Banker
Branch Banker vs Finance Administrator

Updated January 8, 2025

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