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Branch Manager
Career Insights for Banking Branch Manager (General)
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Scorecard
Based on Pennsylvania data
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What they do
A Banking Branch Manager manages operations and business at a bank branch office, or at the local office of a financial institution such as a brokerage or investment firm. Supervises branch staff, monitors customer accounts, loans or investment activities and security at the branch. Maintains communication with other branch managers and central or executive management. May direct local marketing promotions or participate in community events.
$109,378 / year median in Pennsylvania
-0% projected decline
Job Description
We offer great benefits:
Maternity/Paternity Leave, Educational Reimbursement program, Health, Dental, Vision, HAS/FSA, 401(k), quarterly profit sharing, and bonuses. You will have job security. We pride ourselves for providing stability and even growth during tough economic times. We have been in business for 60+ years and continue growing. We currently have 50+ locations across the United States. In the last 3 years, we have acquired 15+ new locations. Benefits Offered Medical, dental, and vision insurance; dependents and domestic partners eligible 401(k) up to 4% matching Tuition reimbursement Bonus and profit-sharing eligibility Paid maternity and paternity leave Company paid life insurance Voluntary life insurance Employee Assistance Programs Paid time off Paid holiday Responsibilities Safety of all employees- Includes active participation in the Corporate Safety committee monthly meetings. Coordinates with Operations Manager and Corporate Safety Director on metrics to improve safety. HR and Performance evaluations
- Coordinates with local managers to ensure every employee in the branch is provided with well thought-out performance appraisals and goal setting sessions which allow for fair two-way feedback.
- Visit top customers periodically as necessary to address issues appropriate to his/her responsibilities as Branch Manager Quality
- Ensures plant and equipment is clean, maintained and organized. Does so by regularly walking around the plant and communicating with employees. Coordinates with VP of quality on metrics to improve quality. Productivity
- Ensures a productive workforce.
CFO. P&L
- Manager is responsible for the profitability of the branch and the productive and safe use of the branch assets Credit
- Must operate within the AAM for credit approval; including documenting rationale when exercising authority. Coordinates with Credit Manager to nurture team credit decisions. Inventory
- Must manage total inventory under management within the limits established by the General Manager consistent with industry lead times and anticipated customer demand.
- In accordance with the annual financial plan and AAM approves all expenses of the branch and uses prudence and good judgment. Draws upon corporate buying programs and ensures effective communication before approving large expenses. Capex
- Operates within annual or special budget allocations. Draws upon corporate buying programs and ensures effective communication before approving large expenses. Relies on HQ for help in negotiations or delegates to HQ for purchase. (i.e. VP Operations in HOU purchases all burning machines) Profit Sharing Meetings
- Conducts quarterly town hall meetings and communicates branch performance and market conditions with branch employees. Best practices
- Adopts best practices with other branches, when possible, to bring about continuity throughout the organization. Hire/Fire
- Has authority to hire personnel within the budgets adopted and approved by management.
- When making decisions, choose what is in the best interest of the company ahead of what is best for the branch.