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The differences between managers, assistant vice president and bank managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a manager, assistant vice president, becoming a bank manager takes usually requires 6-8 years. Additionally, a manager, assistant vice president has an average salary of $105,363, which is higher than the $96,910 average annual salary of a bank manager.
The top three skills for a manager, assistant vice president include customer service, financial statements and risk management. The most important skills for a bank manager are bank products, financial services, and business development.
| Manager, Assistant Vice President | Bank Manager | |
| Yearly salary | $105,363 | $96,910 |
| Hourly rate | $50.66 | $46.59 |
| Growth rate | 6% | 17% |
| Number of jobs | 36,067 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Average age | 52 | 46 |
| Years of experience | - | 8 |
A manager/assistant vice president is responsible for monitoring corporate projects and investment opportunities under the guidance of the vice president. Manager/assistant vice presidents meet with clients, provide project updates, and assist with any project adjustments as client requests. They identify business opportunities, develop strategic plans, and improve the organization's services to boost client satisfaction, generate more revenues, and achieve profitability goals. A manager/assistant vice president helps to maintain the company's good reputation by handling customers, resolving complaints, and evaluating staff performance.
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.
Managers, assistant vice president and bank managers have different pay scales, as shown below.
| Manager, Assistant Vice President | Bank Manager | |
| Average salary | $105,363 | $96,910 |
| Salary range | Between $76,000 And $144,000 | Between $65,000 And $142,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Apple | Accenture |
| Best paying industry | Finance | Finance |
There are a few differences between a manager, assistant vice president and a bank manager in terms of educational background:
| Manager, Assistant Vice President | 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 managers, assistant vice president' and bank managers' demographics:
| Manager, Assistant Vice President | Bank Manager | |
| Average age | 52 | 46 |
| Gender ratio | Male, 52.9% Female, 47.1% | Male, 48.9% Female, 51.1% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.6% White, 76.6% American Indian and Alaska Native, 0.6% | 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 | 12% | 11% |