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The differences between trust officers and 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 trust officer and a branch manager. Additionally, a trust officer has an average salary of $61,493, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a trust officer include real estate, portfolio and wealth management. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Trust Officer | Branch Manager | |
| Yearly salary | $61,493 | $56,291 |
| Hourly rate | $29.56 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 56,623 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Trust officers are professionals who are responsible for administering trust account portfolios of their clients. These officers are required to develop business relationships with their clients by responding to the request of their clients and facilitating internal service coordination to resolve issues. They must handle activities that are associated with personal or corporate trust while providing consultation on matters related to finance and wealth. Trust officers usually work in the financial industry and report directly to a manager or head of a department.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Trust officers and branch managers have different pay scales, as shown below.
| Trust Officer | Branch Manager | |
| Average salary | $61,493 | $56,291 |
| Salary range | Between $30,000 And $121,000 | Between $39,000 And $80,000 |
| Highest paying City | New York, NY | Oakland, CA |
| Highest paying state | Connecticut | Alaska |
| Best paying company | Neuberger Berman | FNB |
| Best paying industry | Finance | Professional |
There are a few differences between a trust officer and a branch manager in terms of educational background:
| Trust Officer | Branch Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between trust officers' and branch managers' demographics:
| Trust Officer | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.1% Female, 51.9% | Male, 59.8% Female, 40.2% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.4% White, 64.4% American Indian and Alaska Native, 0.3% | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |