The branch manager trainee learns the daily operations of the branch office. He/She receives training in various areas of banking, including funds acquisition, mortgage, administration, consumer and commercial lending, systems operations, and business development.
As a branch manager trainee, you will get on-the-job training by performing banking activities. You'll supervise a small group of para-professional staff in the organization. This would be characterized by highly transactional or repetitive processes. You'll contribute to the development of processes and procedures. Also, you'll manage the retention and maintenance of existing accounts.
You will need an associate's or a bachelor's degree in management, business, entrepreneurship, finance, marketing, or a related field for this role. You'll need at least two years of relevant work experience. You must possess leadership, people management, coaching, problem-solving, and communication skills. Branch manager trainees are paid around $35,302 per year. Their salary varies from $23,000 and $53,000.
There is more than meets the eye when it comes to being a Branch Manager Trainee. For example, did you know that they make an average of $11.16 an hour? That's $23,203 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many Branch Managers Trainee have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Communication skills, Leadership skills and Management skills.
If you're interested in becoming a Branch Manager Trainee, one of the first things to consider is how much education you need. We've determined that 83.3% of Branch Managers Trainee have a bachelor's degree. In terms of higher education levels, we found that 5.5% of Branch Managers Trainee have master's degrees. Even though most Branch Managers Trainee have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Branch Manager Trainee. When we researched the most common majors for a Branch Manager Trainee, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Branch Manager Trainee resumes include Master's Degree degrees or High School Diploma degrees.
You may find that experience in other jobs will help you become a Branch Manager Trainee. In fact, many Branch Manager Trainee jobs require experience in a role such as Sales Associate. Meanwhile, many Branch Managers Trainee also have previous career experience in roles such as Internship or Assistant Manager.