Bank Branch Managers
Outlook
Employment Prospects
Employers
Today, there are nearly 70,000 FDIC-insured commercial bank branches in the United States, according to Statista.com. Branch managers are employed by banks, credit unions, and other financial institutions. Opportunities are available throughout the country, in small towns and large cities.
Starting Out
Many branch managers worked their way up from entry-level positions such as tellers and customer service representatives. Participating in internships and other experiential learning opportunities during college is also a good strategy to obtain experience, build your network, and possibly land a full-time job.
Contact banks, credit unions, and related employers directly to learn about entry-level job opportunities. Visiting a branch office to request a job application or visiting the company’s Web site are effective job-search strategies. Additionally, visit the American Bankers Association’s Web site, for job listings.
Advancement Prospects
Successful branch managers often advance to oversee several bank branches. Experienced branch managers can advance their careers by managing a group of retail bank offices as a regional manager. Those with commercial loan experience can move into other bank departments assisting commercial lenders or senior management.
Tips for Entry
Visit the following Web sites for job listings:
- https://www.aba.com/experts-peers/job-board
- https://www.careerbuilder.com/jobs-banking-branch-manager
- https://www.linkedin.com
- https://www.monster.com
- https://www.efinancialcareers.com
Attend banking industry conferences to network and participate in continuing education opportunities.
Try to gain experience and excel in lower-level positions such as teller and customer service representative to increase your chances of being considered for management trainee programs sponsored by your employer.
Visit https://consumerbankers.com/executive-banking-school to learn about the Consumer Bankers Associations Executive Banking School, a summer career development program for aspiring consumer banking managers.