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The differences between branch bankers and finance 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 a finance manager. Additionally, a finance manager has an average salary of $101,374, 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 manager are financial analysis, CPA, and customer service.
| Branch Banker | Finance Manager | |
| Yearly salary | $33,076 | $101,374 |
| Hourly rate | $15.90 | $48.74 |
| Growth rate | 17% | 17% |
| Number of jobs | 25,853 | 125,345 |
| Job satisfaction | - | 5 |
| 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.
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Branch bankers and finance managers have different pay scales, as shown below.
| Branch Banker | Finance Manager | |
| Average salary | $33,076 | $101,374 |
| Salary range | Between $26,000 And $41,000 | Between $71,000 And $144,000 |
| Highest paying City | San Jose, CA | New York, NY |
| Highest paying state | Alaska | New York |
| Best paying company | J.P. Morgan | Barclays |
| Best paying industry | Finance | Finance |
There are a few differences between a branch banker and a finance manager in terms of educational background:
| Branch Banker | Finance Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between branch bankers' and finance managers' demographics:
| Branch Banker | Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 60.0% Female, 40.0% |
| 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, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |