What does a Branch Manager do?
A Branch Manager can be found heading up one location of a company's chain of businesses. Branches are businesses that operate under the supervision of the central entity. Branch Managers are in charge of the operations and business growth of the branch assigned to them. An example of a Branch Manager would be someone who manages one location in a network for a large bank. They oversee the productivity of employees and influence positive business growth.
There is no specific education needed to hold a Branch Manager position. However, a majority of employers will require a bachelor's degree in Business, Finance or related field. Advanced degrees such as a Masters or Doctorate are preferred to hold senior or high profile positions. Being that a Branch Manager is responsible for driving business, sourcing, training and overseeing staff, having a well-rounded background in Business Management and Accounting is a big plus.
- Oversee and manage all aspects of the business such as Accounting, HR, Sales and Operations
- Review trade area and identify new market opportunities
- Keep in line with company growth strategy
- Meet or exceed company profit goals
- Manage accounting and budget information
- Participate in district training calls with other branches
- Source, train, coach and develop staff
- Address customer issues and concerns promptly
- Bachelor's Degree in business, accounting, management or similar (preferred)
- Advanced degree (preferred)
- 5+ years in a management role
- Proven track record of good performance
- Firm grasp of modern management skills and tactics
- Understanding of industry laws and regulations
- A drive to reach sales and service goals
- Excellent organizational and leadership skills
- Experience with managing human resources
Branch Manager Salaries
Average Base Pay
Branch Manager Career Path
Learn how to become a Branch Manager, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Average Years of Experience
Branch Manager Insights
“This is a great financial institution if you are looking for upward career momentum and higher pay than the competition.”
“I hold an engineering degree and Cimco was a great place to learn about detailed technical engineering design.”
“4 years in and 5 promotions along Enterprise have provided a career and endless opportunities.”
“Working until 8pm we thought 7pm was quite adequate opening hours but we do what needs doing”
“You are afforded a unique career opportunity which allows you to be paid according to your TRUE WORTH!!”
“Received limited training or resources; you really just have to do your own things in order to succeed.”
“A great team environment dedicated on helping each other serve our customer the best way possible.”
“If you are just starting to build your career this a good place to learn many things at once.”
Branch Manager Interviews
Frequently asked questions about the role and responsibilities of a Branch Manager
When working as a Branch Manager, the most common skills you will need to perform your job and for career success are Graduate Level, Graduate Degree, Microsoft Office Suite, Interpersonal and Communication and CSM.
- Shift Manager
- General Manager
- Sales Representative
The most common qualifications to become a Branch Manager is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.