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The differences between managers, asset management and banking center 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 manager, asset management and a banking center manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $84,570 average annual salary of a manager, asset management.
The top three skills for a manager, asset management include asset management, process improvement and patient care. The most important skills for a banking center manager are business development, bank products, and bank policies.
| Manager, Asset Management | Banking Center Manager | |
| Yearly salary | $84,570 | $128,585 |
| Hourly rate | $40.66 | $61.82 |
| Growth rate | 17% | 17% |
| Number of jobs | 116,330 | 87,078 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A manager of asset management specializes in performing research and analysis to identify ideal asset investments for clients such as stocks, bonds, real estate, and other commodities. Their responsibilities revolve around liaising with clients to identify their needs and long-term goals, trading and managing investments upon clients' request or approval, assisting and monitoring asset acquisition, conducting risk analyses and assessments, and managing portfolios. Furthermore, as a manager, it is essential to lead and encourage the asset management team to reach goals, all while adhering to the company and clients' vision and mission.
A banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints. A banking center manager must have excellent communication and analytical skills, especially in developing banking solutions that would increase the bank's reliability to the customers.
Managers, asset management and banking center managers have different pay scales, as shown below.
| Manager, Asset Management | Banking Center Manager | |
| Average salary | $84,570 | $128,585 |
| Salary range | Between $49,000 And $145,000 | Between $95,000 And $173,000 |
| Highest paying City | Hartford, CT | - |
| Highest paying state | Connecticut | - |
| Best paying company | Willkie Farr & Gallagher | - |
| Best paying industry | Finance | - |
There are a few differences between a manager, asset management and a banking center manager in terms of educational background:
| Manager, Asset Management | Banking Center Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, asset management' and banking center managers' demographics:
| Manager, Asset Management | Banking Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 57.2% Female, 42.8% | Male, 47.0% Female, 53.0% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3% | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |