Money manager vs banking center manager

The differences between money managers 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 money manager and a banking center manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $73,231 average annual salary of a money manager.

The top three skills for a money manager include BSA, anti-money laundering and bank secrecy act. The most important skills for a banking center manager are business development, bank products, and bank policies.

Money manager vs banking center manager overview

	Money Manager	Banking Center Manager
Yearly salary	$73,231	$128,585
Hourly rate	$35.21	$61.82
Growth rate	17%	17%
Number of jobs	58,982	87,078
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 70%
Average age	46	46
Years of experience	8	8

Money manager vs banking center manager salary

Money managers and banking center managers have different pay scales, as shown below.

	Money Manager	Banking Center Manager
Average salary	$73,231	$128,585
Salary range	Between $47,000 And $112,000	Between $95,000 And $173,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between money manager and banking center manager education

There are a few differences between a money manager and a banking center manager in terms of educational background:

	Money Manager	Banking Center Manager
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 70%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Money manager vs banking center manager demographics

Here are the differences between money managers' and banking center managers' demographics:

	Money Manager	Banking Center Manager
Average age	46	46
Gender ratio	Male, 43.5% Female, 56.5%	Male, 47.0% Female, 53.0%
Race ratio	Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% 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%

Differences between money manager and banking center manager duties and responsibilities

Money manager example responsibilities.

Decrease manual processing time by successfully managing the implementation of a new software system for the BSA unit.
Assist clients with addressing BSA, AML & OFAC requirements resulting from regulatory actions against the clients.
Process fundamental and technical analysis for strategic trading of equities.
Assist in implementing effective procedures for the ACH department.
Perform daily vault balancing, ATM servicing and transaction approvals.
Review portfolio positioning and investment results with clients, consultants, and prospects.

Banking center manager example responsibilities.

Manage and increases the efficiency of support services such as human resources, develops individual program budgets; handles payroll.
Manage local beauty-supply branch and are responsible for performing payroll, completing all store inventory, and hiring new employees.
Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
Assure compliance with AABB, JCAHO, FDA, CLIA, OSHA, and NAACLS standards.
Review daily, monthly QC, and temp checks.
Ensure compliance with governing agencies such as CLIA, API, OSHA and AABB.

Money manager vs banking center manager skills

Common money manager skills

BSA, 18%
Anti-Money Laundering, 15%
Bank Secrecy Act, 11%
OFAC, 9%
Transaction Monitoring, 8%
Risk Management, 7%

Common banking center manager skills

Business Development, 7%
Bank Products, 7%
Bank Policies, 6%
Customer Relationships, 6%
Regulatory Compliance, 4%
Secrecy, 4%

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Money Manager
Money Manager vs Banking Center Manager

Updated January 8, 2025

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