What is a Senior Branch Manager

Senior branch managers are responsible for the operations of a branch office, typically for a bank or other financial services company. If you decide to become a senior branch manager, you'll be responsible for all of the functions of the branch office, including hiring employees, attracting new business, assisting with customer relations, and setting strategies to ensure that the branch meets its goals in a timely manner.

Branch managers are also frequently expected to develop forecasts, financial objectives, and business plans. They must have outstanding leadership skills and be capable of multitasking and setting organizational priorities. They also take proactive steps to grow the location's customer base by elevating the community's perception of the company's brand.

There is no specific education needed to hold a branch manager position. However, a majority of employers will require a bachelor's degree in Business, Finance or a related field. Advanced degrees such as a Master's or Doctorate are preferred to hold senior or high profile positions.

There is more than meets the eye when it comes to being a Senior Branch Manager. For example, did you know that they make an average of $49.84 an hour? That's $103,674 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Senior Branch Manager Do

There are certain skills that many Senior Branch Managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Detail oriented, Math skills and Organizational skills.

How To Become a Senior Branch Manager

If you're interested in becoming a Senior Branch Manager, one of the first things to consider is how much education you need. We've determined that 69.4% of Senior Branch Managers have a bachelor's degree. In terms of higher education levels, we found that 10.6% of Senior Branch Managers have master's degrees. Even though most Senior Branch Managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Senior Branch Manager. When we researched the most common majors for a Senior Branch Manager, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Senior Branch Manager resumes include Master's Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become a Senior Branch Manager. In fact, many Senior Branch Manager jobs require experience in a role such as Branch Manager. Meanwhile, many Senior Branch Managers also have previous career experience in roles such as Assistant Branch Manager or Manager, Assistant Vice President.

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Average Salary
$103,674
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
251,985
Job Openings
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Average Salary for a Senior Branch Manager

Senior Branch Managers in America make an average salary of $103,674 per year or $50 per hour. The top 10 percent makes over $144,000 per year, while the bottom 10 percent under $74,000 per year.
Average Salary
$103,674
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Senior Branch Manager Demographics

Senior Branch Manager Gender Statistics

male

57.7 %

female

38.7 %

unknown

3.6 %

Senior Branch Manager Ethnicity Statistics

White

68.1 %

Hispanic or Latino

14.2 %

Asian

8.4 %

Senior Branch Manager Foreign Languages Spoken Statistics

Spanish

53.7 %

Portuguese

4.9 %

French

4.9 %
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Senior Branch Manager Education

Senior Branch Manager Majors

40.1 %
7.5 %

Senior Branch Manager Degrees

Bachelors

69.4 %

Associate

12.6 %

Masters

10.6 %

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High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Senior Branch Managers

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
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Top Skills For a Senior Branch Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.7% of Senior Branch Managers listed Sales Goals on their resume, but soft skills such as Detail oriented and Math skills are important as well.

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