Branch Manager Jobs
A Branch Manager is a key executive responsible for overseeing the operations of a specific branch of a bank or financial institution. This role involves directing and supervising the branch staff, ensuring the delivery of high-quality customer service, and achieving sales and productivity goals.
Branch Manager Jobs require managing all aspects of the branch, including hiring and training employees, overseeing the approval of loans and lines of credit, marketing, and building community relationships to attract business. They must ensure compliance with internal policies and regulations while maintaining a strong presence in the community.
Strong leadership, sales, and customer service skills are essential for success in this role, along with the ability to multitask, prioritize, and foster a positive team environment. Additionally, Branch Managers develop and implement budgets, analyze financial reports, and address inquiries from both internal and external sources.
National Yearly Income Range:
$80,000 - $134,000
Why Being a Branch Manager is Great.
A Branch Manager is a great job because it offers a unique blend of leadership, customer interaction, and strategic decision-making. In this role, individuals have the opportunity to oversee daily operations, manage staff, and ensure that the branch meets its financial goals while providing exceptional service to customers. This position also allows for personal and professional growth, as Branch Managers develop skills in problem-solving, communication, and team management. Additionally, the satisfaction of seeing a team thrive and the branch succeed can be incredibly rewarding.
Branch Manager Jobs provide a pathway to advance within the organization, making it an attractive career choice for those looking to make a significant impact in their field.
Branch Manager Job Duties And Responsibilities
The Branch Manager is responsible for directing and supervising branch staff, which includes hiring, training, and coaching employees to ensure a high level of performance. They oversee daily operations, ensuring efficient workflow while adhering to company policies and maintaining compliance with applicable laws and regulations. Additionally, the Branch Manager develops and implements budgets, manages resources to achieve sales goals, and fosters positive relationships with clients to grow the customer base. They also handle customer inquiries and complaints, conduct performance evaluations, and participate in community activities to promote the organization and enhance its reputation.
Why be a Branch Manager with IES Residential?
Becoming a Branch Manager with IES Residential offers a unique opportunity to lead a dedicated team within a company that values safety, family, and exceptional customer experiences. With over 50 years of industry expertise and a commitment to employee development through comprehensive training programs, you will be empowered to foster growth and innovation in a supportive environment. Additionally, IESR's strong community engagement and focus on diversity ensure that you will be part of an organization that not only prioritizes its people but also strives to make a positive impact on the communities it serves.
This role allows you to shape the future of IES Residential while building lasting relationships with customers and employees alike.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
Explore Branch Manager Jobs Near Me by State
Discover a variety of Branch Manager Jobs Near Me by State to find the perfect opportunity that aligns with your career goals and location preferences.
IES Residential States of Operation
FAQs
What's a Branch Manager's job description?
A Branch Manager is responsible for overseeing the operations of a bank or financial institution branch. Key duties include managing staff, ensuring high-quality customer service, achieving sales goals, hiring and training employees, approving loans, and building community relationships. They must ensure compliance with regulations, manage budgets, analyze financial reports, and maintain a strong community presence. Strong leadership, sales, and customer service skills are essential for success in this role.
What is the average salary of a Branch Manager?
The average salary of a Branch Manager in 2024 ranges from $80,000 to $134,000, with a median salary of approximately $103,000. This translates to an hourly wage of about $38.46 at the lower end, $49.52 at the median, and $64.42 at the higher end.
How do I get a Branch Manager job?
To get a Branch Manager job, start by obtaining a bachelor's degree in business, management, finance, or a related field. Gain 5-7 years of experience in a bank or credit union, ideally with supervisory or management roles. Develop strong leadership, sales, and customer service skills. Enhance your analytical abilities and proficiency in Microsoft Office, particularly Excel. Consider bilingual fluency, especially in Spanish and English, for multicultural environments. Build excellent communication and organizational skills, and demonstrate a track record of successful business performance and goal achievement. Networking and applying for positions that match your qualifications will also be crucial.
What are the job duties of a Branch Manager?
A Branch Manager is responsible for directing and supervising branch staff, overseeing daily operations, and ensuring efficient workflow. Key duties include hiring, training, and evaluating employees, managing budgets, achieving sales goals, and delivering excellent customer service. They handle customer inquiries and complaints, maintain compliance with laws and regulations, and prepare management reports. Additionally, they develop positive client relationships, participate in community activities, and monitor industry trends to keep services competitive. The Branch Manager also ensures branch security and facility maintenance while collaborating with other managers to set sales goals.
How much does a Branch Manager make per hour?
A Branch Manager typically makes between $38.46 and $64.42 per hour, with a median hourly wage of approximately $49.52.
Is a Branch Manager job fullfilling?
A Branch Manager job can be fulfilling for those who enjoy leadership, problem-solving, and customer interaction. It offers opportunities for career growth, team development, and making a positive impact on the branch's success. However, fulfillment can vary based on individual preferences and workplace culture.
How long does it take to become a Branch Manager?
Becoming a Branch Manager typically takes around 5 to 7 years of experience in the banking or credit union industry, along with a bachelor's degree in business or a related field. Prior supervisory or management experience is preferred, and strong leadership, sales, and customer service skills are essential.
Is there a demand for Branch Managers?
Yes, there is a strong demand for Branch Managers across various industries, particularly in banking, retail, and logistics. This role is essential for overseeing operations, driving sales, and managing teams, making it a critical position for organizational success.
What are Branch Manager career paths?
Branch Manager career paths typically include progression to higher management roles such as Regional Manager or District Manager. From there, individuals may advance to executive positions like Vice President of Operations or Chief Operating Officer. Additionally, some may choose to specialize in areas such as risk management or business development, leading to roles in corporate strategy or consulting. Continuous professional development and networking can also open opportunities in related fields like finance or sales management.
What are the job responsibilities of a Branch Manager?
A Branch Manager is responsible for overseeing branch operations, including supervising staff, hiring, training, and performance evaluations. They manage daily workflows, ensure compliance with policies and regulations, and develop budgets while analyzing financial performance. The Branch Manager also focuses on achieving sales goals, enhancing customer service, and resolving customer complaints. They maintain relationships with clients, participate in community activities, and collaborate with other managers to set sales targets. Additionally, they ensure branch security, monitor industry trends, and prepare management reports.
What are the requirements to get a Branch Manager job?
To qualify for a Branch Manager position, candidates typically need a Bachelor's degree in business, management, finance, or a related field, although an Associate's degree with relevant experience may be acceptable. A minimum of 5-7 years of experience in a bank or credit union is usually required, with prior supervisory or management experience preferred. Key skills include strong leadership, excellent sales and customer service abilities, and proficiency in analytical tools like Excel. Effective communication skills, both verbal and written, are essential, along with strong organizational skills and the ability to multitask. Experience in sales management and a proven track record of achieving business goals are also important. Bilingual fluency, particularly in Spanish and English, may be necessary in diverse environments.
Are there entry level Branch Manager jobs?
Yes, there are entry-level Branch Manager jobs. Typically, these positions require a high school diploma or equivalent, with a preference for candidates holding a bachelor's degree in business or management. Essential skills include leadership, customer service, communication, and basic financial acumen. Experience in retail or sales can be beneficial, along with the ability to manage a team and meet performance goals.
Explore Other Jobs That Might be Right for You.
Want to explore something similar to Branch Manager jobs? Look no further than these other careers that IES Residential has to offer.
