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Finance project manager vs bank manager

The differences between finance project 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 project manager and a bank manager. Additionally, a finance project manager has an average salary of $105,050, which is higher than the $96,910 average annual salary of a bank manager.

The top three skills for a finance project manager include project management, financial analysis and process improvement. The most important skills for a bank manager are bank products, financial services, and business development.

Finance project manager vs bank manager overview

Finance Project ManagerBank Manager
Yearly salary$105,050$96,910
Hourly rate$50.50$46.59
Growth rate17%17%
Number of jobs253,61166,136
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Average age4646
Years of experience88

What does a finance project manager do?

A finance project manager handles the financial analysis of a project management process, including budgeting from the clients' requirements until the forecasting on project revenues. Finance project managers analyze financial statements and account transactions of a company, identifying business opportunities to generate more resources to increase revenue and profits. They create financial reports, recommending cost-reduction techniques to minimize loss while increasing the efficiency of the staff performance, strategizing procedures to maximize productivity, especially on meeting deadlines with high-quality deliverables.

What does a bank manager do?

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 project manager vs bank manager salary

Finance project managers and bank managers have different pay scales, as shown below.

Finance Project ManagerBank Manager
Average salary$105,050$96,910
Salary rangeBetween $73,000 And $150,000Between $65,000 And $142,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyMetaAccenture
Best paying industryTechnologyFinance

Differences between finance project manager and bank manager education

There are a few differences between a finance project manager and a bank manager in terms of educational background:

Finance Project ManagerBank Manager
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance project manager vs bank manager demographics

Here are the differences between finance project managers' and bank managers' demographics:

Finance Project ManagerBank Manager
Average age4646
Gender ratioMale, 63.1% Female, 36.9%Male, 48.9% Female, 51.1%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% 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 Percentage11%11%

Differences between finance project manager and bank manager duties and responsibilities

Finance project manager example responsibilities.

  • Manage and coordinate all aspect of treasury operations.
  • Manage and implement Hyperion centralize planning/budgeting/forecasting solution.
  • Design all new internal management financial reports during the implementation and develop these reports in the new ERP environment.
  • Team member for ERP and accounting package evaluation and implementation project.
  • Maintain cash and paper flow, including monthly reporting, payroll, and expenses, using QuickBooks.
  • Enhance existing cash flow model and correct Hyperion logic rules as required for acquisitions, disposition and restatements.
  • Show more

Bank manager example responsibilities.

  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
  • Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
  • Team up with FCM and regional recruiter in interview and hiring process.
  • Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
  • Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.
  • Show more

Finance project manager vs bank manager skills

Common finance project manager skills
  • Project Management, 18%
  • Financial Analysis, 7%
  • Process Improvement, 4%
  • Financial Systems, 3%
  • Project Plan, 3%
  • Risk Management, 3%
Common bank manager skills
  • Bank Products, 7%
  • Financial Services, 7%
  • Business Development, 6%
  • Secrecy, 6%
  • Bank Secrecy Act, 6%
  • Community Involvement, 5%

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