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Senior portfolio manager vs banking center manager

The differences between senior portfolio 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 senior portfolio manager and a banking center manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $115,805 average annual salary of a senior portfolio manager.

The top three skills for a senior portfolio manager include portfolio management, risk management and project management. The most important skills for a banking center manager are business development, bank products, and bank policies.

Senior portfolio manager vs banking center manager overview

Senior Portfolio ManagerBanking Center Manager
Yearly salary$115,805$128,585
Hourly rate$55.68$61.82
Growth rate17%17%
Number of jobs45,22387,078
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a senior portfolio manager do?

A senior portfolio manager is responsible for evaluating the financial portfolios of clients to identify the best investment decisions accordingly. Senior portfolio managers conduct data and statistical analysis of the financial market performance to measure the value of financial instruments and funds. They manage the buying and selling of financial securities based on the clients' specifications and requirements and regularly following the market movement to meet the clients' best interests. A senior portfolio manager must have excellent analytical and leadership skills, especially in coordinating with portfolio analysts, to determine the best courses to minimize the clients' financial loss and risks.

What does a banking center manager do?

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.

Senior portfolio manager vs banking center manager salary

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

Senior Portfolio ManagerBanking Center Manager
Average salary$115,805$128,585
Salary rangeBetween $67,000 And $199,000Between $95,000 And $173,000
Highest paying CityAlbany, NY-
Highest paying stateConnecticut-
Best paying companyLegal & General Investment Management America-
Best paying industryTechnology-

Differences between senior portfolio manager and banking center manager education

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

Senior Portfolio ManagerBanking Center Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior portfolio manager vs banking center manager demographics

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

Senior Portfolio ManagerBanking Center Manager
Average age4646
Gender ratioMale, 71.9% Female, 28.1%Male, 47.0% Female, 53.0%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.1% White, 63.4% 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 Percentage11%11%

Differences between senior portfolio manager and banking center manager duties and responsibilities

Senior portfolio manager example responsibilities.

  • Manage internal pricing system for exchange trade securities and over-the-counter instruments by verifying all instruments have valid daily closing exchange price.
  • Improve portfolio s performance by enhancing research quality, analyzing equities, and selecting stocks that outperform relevant benchmarks.
  • Provide oversight and execute multiple complex transactions under very difficult market conditions.
  • Review and monitor construction and provide oversight from inception of a portfolio to operations and disposition.
  • Prepare comprehensive financial/market analysis to evaluate and support investment opportunities for new investments in the different multi-asset portfolios.
  • Collaborate with cross sector portfolio managers on overall public fix income allocation decisions and deep dives into pertinent global macro issues.
  • Show more

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.
  • Show more

Senior portfolio manager vs banking center manager skills

Common senior portfolio manager skills
  • Portfolio Management, 10%
  • Risk Management, 6%
  • Project Management, 5%
  • Real Estate, 5%
  • Business Development, 4%
  • Client Relationships, 4%
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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