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The differences between finance center managers and bank 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 finance center manager and a bank manager. Additionally, a bank manager has an average salary of $96,910, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for a finance center manager include customer service, exceptional client and financial services. The most important skills for a bank manager are bank products, financial services, and business development.
| Finance Center Manager | Bank Manager | |
| Yearly salary | $58,763 | $96,910 |
| Hourly rate | $28.25 | $46.59 |
| Growth rate | 17% | 17% |
| Number of jobs | 151,642 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
The duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly. They are also responsible for performing clerical tasks such as producing progress reports and presentations, managing schedules, setting goals and deadlines, processing documents, and maintaining data and records of all financial activities. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.
Finance center managers and bank managers have different pay scales, as shown below.
| Finance Center Manager | Bank Manager | |
| Average salary | $58,763 | $96,910 |
| Salary range | Between $33,000 And $104,000 | Between $65,000 And $142,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | Accenture |
| Best paying industry | - | Finance |
There are a few differences between a finance center manager and a bank manager in terms of educational background:
| Finance Center Manager | Bank Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance center managers' and bank managers' demographics:
| Finance Center Manager | Bank Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 49.1% Female, 50.9% | Male, 48.9% Female, 51.1% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.0% White, 64.2% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |