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Career and Education Opportunities for Banking Managers in Alabama

Alabama has a population of 4,708,708, which has grown by 5.88% in the last 10 years. Nicknamed the "Heart of Dixie," its capital is Montgomery, though its largest city is Birmingham.

Currently, 5,530 people work as banking managers in Alabama. This is expected to grow by 13% to 6,250 people by 2016. This is better than the national trend for banking managers, which sees this job pool growing by about 7.7% over the next eight years. Banking managers generally direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.

Banking managers earn approximately $41 per hour or $85,440 annually on average in Alabama. Nationally they average about $47 hourly or $99,330 yearly. Compared with people working in the overall category of Financial, people working as banking managers in Alabama earn less. They earn more than people working in the overall category of Financial nationally. People working as banking managers can fill a number of jobs, such as: bank branch manager, operations officer, and atm manager .

In 2008, there were a total of 2,640,717 jobs in Alabama. The average annual income was $33,655 in 2008, up from $32,803 the preceding year. The unemployment rate in Alabama was 10.1% in 2009, which has grown by 4.9% since the previous year. Roughly 19.0% of Alabama residents have college degrees, which is lower than the national average.

The top industries in Alabama include manufacturing magnetic media, asphalt shingle materials manufacturing, and perishable prepared food manufacturing. Notable tourist attractions include the Alan's Discount Music, the Samuel Ullman Museum, and the Terrace Cafe.

CITIES WITH Banking Manager OPPORTUNITIES IN Alabama


JOB DESCRIPTION: Banking Manager

In general, banking managers direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.

Every day, banking managers are expected to be able to listen to and understand others in meetings. They need to articulate ideas and problems. It is also important that they read and understand documents and reports.

Similar jobs with educational opportunities in Alabama include:

  • Administrator. Plan, direct, or coordinate supportive services of an organization, such as recordkeeping, mail distribution, telephone operator/receptionist, and other office support services. May oversee facilities planning and maintenance and custodial operations.
  • Comptroller. Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
  • Purchasing Manager. Plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services.

LOCATION INFORMATION: Alabama

Alabama
Alabama photo by Melinda Shelton

Alabama has a population of 4,708,708, which has grown by 5.88% over the past 10 years. Nicknamed the "Heart of Dixie," its capital is Montgomery, though its most populous city is Birmingham. In 2008, there were a total of 2,640,717 jobs in Alabama. The average annual income was $33,655 in 2008, up from $32,803 the previous year. The unemployment rate in Alabama was 10.1% in 2009, which has grown by 4.9% since the previous year. Approximately 19.0% of Alabama residents have college degrees, which is lower than the national average.

The top industries in Alabama include manufacturing magnetic media, asphalt shingle materials manufacturing, and perishable prepared food manufacturing. Notable tourist destinations include the Alan's Discount Music, the The Hip Hop Museum of Art, and the Birmingham Civil Rights Institute.