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Branch Manager Trainee I
Career Insights for Banking Branch Manager (General)
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Scorecard
Based on Texas 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.
$105,910 / year median in Texas
+13% projected growth
Job Description
SUMMARY :
The purpose of this program is to develop future branch managers to fill openings as a result of growth, acquisition and turnover. The training program consists of two phases. Upon completion of Phase I, Trainees must be willing to relocate. A signed commitment is required.MAJOR DUTIES/RESPONSIBILITIES
Phase I :
Consists of learning the basics of the consumer finance industry, this will include all phases of the branch operation. During Phase I, Trainees are expected to learn the following competencies: Consumer finance basics, Credit and non-credit products, Fundamentals of credit extension, Collection basics and account servicing, Bankruptcy basics, Providing client service, Internal and external business development including Sales In addition to learning the competencies listed above, Trainees are expected to be a fully contributing individual producer on the branch team. This consists of generating a requisite number of loans monthly, servicing an assigned portion of the branch's consumer loan portfolio to protect Lendmark investment against potential losses, meet all state licensing requirements regarding the sale of Lendmark's available non-credit products, develop business relationships with merchants and establish a financing program with a requisite number of merchants each month and complete independent study requirements associated with the Manager Training Program. After completion of all self-study assignments, review of individual production requirements, Trainees may be considered for acceptance into PhaseII. BASIC REQUIREMENTS
: High School Diploma/GED required, college degree preferred No more than 2 years consumer finance industry work experience. Applicants MUST be able to relocate within 45 miles or surrounding 4 to 6 branch locations and have the availability to travel overnight Extended periods of overnight travel may be required Must have excellent written and verbal communication skills Must be competent in Microsoft Office, especially Microsoft Word, Excel, PowerPoint, and Outlook/Office 365 Must be familiar with Windows operating systems, web-based applications and internet protocolINTERNAL CANDIDATES ONLY
Applicants MUST submit a separate written request for acceptance into this program. Internal Candidates must have EE rating on last Performance Evaluation - No exceptionsPREFERRED/DESIRED QUALIFICATIONS
College degree Industry-related experience Bilingual, Spanish/English Ability to relocateCOMPENSATION
The salary range for this position is competitive based on the job duties as well as the specific Knowledge, Skills, Abilities and Experience of the selected candidate. This position is eligible for Quarterly Incentive compensation based on individual and company performance guidelines.WORKING CONDITIONS
Normal office environment Ability to travel, occasionally overnight If you are interested in a fast paced, high growth, team oriented and great culture environment, you'll enjoy a career with us!Benefits
- Paid Time Off (PTO)
- Financial Aid/Assistance
- 401(k) Plans
- Health and Wellness Programs