8AM: Daily staff and management meeting. 8:30AM: Office correspondence and administration. 9AM Meeting with local business regarding loan. 9:12AM: IT systems problems. 10AM: Customer complaint meeting with clients. 10:30AM: Office correspondence and administration. 10:45AM: Mortgage rescheduling meeting. 11:30AM: Auditors committee meeting regarding major delinquent accounts. 1PM: Lunch. 1:10PM Client demands to see the manager. 2PM Meeting with debt collection agency manager. 3-5PM: Loans approvals with six clients. 5-6PM: Office correspondence and administration.
A vice president and bank manager makes an average of $67,000 annually. [5] X Research source Regional managers make $106,000 per year on average. [6] X Research source Regional presidents, in charge of all branches in a given area, make an average of $176,000 annually. [7] X Research source
The Banking Administration Institute offers online courses covering particular regulations, as well as certificates in auditing, risk assessment (reviewing and approving loans), and anti-money laundering. [10] X Research source The Mortgage Bankers Association offers classroom and online courses covering all aspects of residential and commercial mortgage lending, as well as certificates in residential underwriting, loan origination and servicing, and commercial servicing, and the prestigious Certified Mortgage Banker designation. [11] X Research source The American Bankers Association, which caters in particular to small hometown banks, offers online courses leading to a branch manager certificate. [12] X Research source
Detailed knowledge of the financial and banking sector, particularly in the areas of personal loans, commercial loans, and mortgages. Knowledge of the latest rules and laws governing the banking sector. An understanding of marketing and sales techniques. The interpersonal skills needed to hire, train, and manage employees. The ability to deal with customers with tact and confidentiality.
Join a professional network like the Career Banker Association or the Bank Administration Institute. [16] X Research source Use career development courses to learn, but also to make contacts. Attend civic events like the opera, speeches, or balls. Tap into your alumni network and attend alumni events. Choose an important local non-profit to get involved with and use it as a means to connect with both the community and possible contacts.
Keep a list. Make a spreadsheet with the contact info of people you respect and would want to work with professionally in the future. Depth is more important than breadth. Save these spots for people who want to help you as much as you want to help them. [17] X Research source Schedule follow-up. Put entries in your calendar reminding you to follow up with contacts every two or three months. Ask them how they are doing, and if you can help out in any way. [18] X Research source Being helpful is the best way to cultivate contacts. Stay in touch in other ways. Pass along blogs or news stories you think your contacts would like. Connect to them on LinkedIn and keep track of their status. If they are promoted, congratulate them. If they are laid off, offer support. If you have a recreational activity in common, send them articles about it. Thank them if you take their advice and it helps. [19] X Research source
