CAREER

Financial Managers

Overview

Salary Median (2020)

$134,180

Projected Job Growth (2019-2029)

+15.5% (much faster than the average)

Most Common Level of Education

Bachelor's degree

Career

What Financial Managers Do

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Other Job Titles Financial Managers May Have

Banking Center Manager (BCM), Branch Manager, Credit Administration Manager, Financial Center Manager, Regional Manager, Service Center Manager

How Leaders Describe a Typical Day at Work

District Manager ,

Capital One

They would see a lot of interaction with the associates in our company that make us so great. Hopefully they would learn something new as would I, and we would have a great time together.

Branch Manager ,

Capital One

On a typical day a student would observe me assisting clients with their financial needs. That could mean helping them open an account, assist them with managing their debts or any financial concerns they may have. A student would also observe me coaching my staff and addressing any operational concern of the day.


Tasks & Responsibilities May Include

  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
  • Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
  • Recruit staff members.
  • Prepare operational or risk reports for management analysis.
  • Evaluate data pertaining to costs to plan budgets.

This page includes information from theO*NET 25.0 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.