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The differences between treasury managers and bank 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 treasury manager and a bank manager. Additionally, a treasury manager has an average salary of $110,139, which is higher than the $96,910 average annual salary of a bank manager.
The top three skills for a treasury manager include cash management, treasury and foreign exchange. The most important skills for a bank manager are bank products, financial services, and business development.
| Treasury Manager | Bank Manager | |
| Yearly salary | $110,139 | $96,910 |
| Hourly rate | $52.95 | $46.59 |
| Growth rate | 17% | 17% |
| Number of jobs | 64,423 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A treasury manager is primarily in charge of supervising the cash flow of all financial activities in a company, ensuring accuracy and efficiency. Their responsibilities typically revolve around devising strategies to optimize financial procedures, monitoring the costs and expenditures of different departments, performing audits and risk assessments, and coordinating with various offices to gather necessary financial data. Furthermore, as a financial manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
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.
Treasury managers and bank managers have different pay scales, as shown below.
| Treasury Manager | Bank Manager | |
| Average salary | $110,139 | $96,910 |
| Salary range | Between $77,000 And $156,000 | Between $65,000 And $142,000 |
| Highest paying City | White Plains, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Meta | Accenture |
| Best paying industry | Automotive | Finance |
There are a few differences between a treasury manager and a bank manager in terms of educational background:
| Treasury Manager | Bank Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between treasury managers' and bank managers' demographics:
| Treasury Manager | Bank Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 48.9% Female, 51.1% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3% | 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 | 11% | 11% |