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The differences between risk management interns and assistant branch 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 risk management internship and an assistant branch manager. Additionally, an assistant branch manager has an average salary of $49,913, which is higher than the $46,800 average annual salary of a risk management internship.
The top three skills for a risk management internship include risk management, powerpoint and python. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.
| Risk Management Internship | Assistant Branch Manager | |
| Yearly salary | $46,800 | $49,913 |
| Hourly rate | $22.50 | $24.00 |
| Growth rate | 17% | 17% |
| Number of jobs | 120,198 | 37,800 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A risk management intern is responsible for assisting the risk management department in identifying potential risks on business functions and developing risk controls and procedures upon risk assessment. Risk management interns perform administrative duties under the supervision of tenured staff or a direct manager, such as writing risk evaluation reports, monitoring system failures, determining the risk levels, and supporting the implementation of business continuity plans. A risk management intern must have excellent communication and analytical skills, especially when conducting data analysis and reporting critical findings to the supervisor.
An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.
Risk management interns and assistant branch managers have different pay scales, as shown below.
| Risk Management Internship | Assistant Branch Manager | |
| Average salary | $46,800 | $49,913 |
| Salary range | Between $25,000 And $86,000 | Between $35,000 And $70,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | New Jersey |
| Best paying company | - | Centennial Bank |
| Best paying industry | - | Transportation |
There are a few differences between a risk management internship and an assistant branch manager in terms of educational background:
| Risk Management Internship | Assistant Branch Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 66% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between risk management interns' and assistant branch managers' demographics:
| Risk Management Internship | Assistant Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 56.1% Female, 43.9% | Male, 45.3% Female, 54.7% |
| Race ratio | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 11.4% White, 64.3% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |