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Foreign exchange services manager vs wholesale manager

The differences between foreign exchange services managers and wholesale managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a foreign exchange services manager, becoming a wholesale manager takes usually requires 2-4 years. Additionally, a wholesale manager has an average salary of $75,602, which is higher than the $63,384 average annual salary of a foreign exchange services manager.

The top three skills for a foreign exchange services manager include foreign currency, balance sheet and foreign exchange operations. The most important skills for a wholesale manager are center management, customer service, and product knowledge.

Foreign exchange services manager vs wholesale manager overview

Foreign Exchange Services ManagerWholesale Manager
Yearly salary$63,384$75,602
Hourly rate$30.47$36.35
Growth rate-12%4%
Number of jobs52,5962,454
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 59%
Average age4647
Years of experience84

Foreign exchange services manager vs wholesale manager salary

Foreign exchange services managers and wholesale managers have different pay scales, as shown below.

Foreign Exchange Services ManagerWholesale Manager
Average salary$63,384$75,602
Salary rangeBetween $34,000 And $115,000Between $49,000 And $115,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between foreign exchange services manager and wholesale manager education

There are a few differences between a foreign exchange services manager and a wholesale manager in terms of educational background:

Foreign Exchange Services ManagerWholesale Manager
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 59%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Foreign exchange services manager vs wholesale manager demographics

Here are the differences between foreign exchange services managers' and wholesale managers' demographics:

Foreign Exchange Services ManagerWholesale Manager
Average age4647
Gender ratioMale, 71.2% Female, 28.8%Male, 70.2% Female, 29.8%
Race ratioBlack or African American, 6.5% Unknown, 3.9% Hispanic or Latino, 17.1% Asian, 7.2% White, 64.9% American Indian and Alaska Native, 0.4%Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.6% Asian, 5.2% White, 72.3% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between foreign exchange services manager and wholesale manager duties and responsibilities

Foreign exchange services manager example responsibilities.

  • Manage and develop the daily clinical schedule for the in-patient rehabilitation staff taking into consideration Medicare guidelines and staffing ratios.
  • Manage and develop the daily clinical schedule for the in-patient rehabilitation staff taking into consideration Medicare guidelines and staffing ratios.
  • Generate price discovery and execute desired positions across various products including volatility views through straddles and variance swaps.

Wholesale manager example responsibilities.

  • Manage QuickBooks including invoicing, accounts receivable and data entry.
  • Assist with underwriting of conventional, FHA and portfolio mortgage loans.
  • Surmount tumultuous economy by maintaining steady income, retaining customers, and realizing exponential sales growth by creating realistic customer expectations.
  • Review conditions as stipulated by UW and internal policy to ensure broker and AE understand what is required to meet/clear conditions.
  • Surmount tumultuous economy by maintaining steady income, retaining customers, and realizing exponential sales growth by creating realistic customer expectations.

Foreign exchange services manager vs wholesale manager skills

Common foreign exchange services manager skills
  • Foreign Currency, 21%
  • Balance Sheet, 15%
  • Foreign Exchange Operations, 15%
  • Treasury, 14%
  • SOX, 11%
  • Cash Flow, 11%
Common wholesale manager skills
  • Center Management, 29%
  • Customer Service, 17%
  • Product Knowledge, 11%
  • Wholesale Market, 8%
  • Business Relationships, 5%
  • Trade Shows, 3%