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Career and Education Opportunities for Banking Managers in Delaware

Delaware has a population of 885,122, which has grown by 12.96% over the past 10 years. Nicknamed the "First State," its capital is Dover, though its largest city is Wilmington.

About 1,840 people are currently employed as banking managers in Delaware. By 2016, this is expected to grow by 13% to about 2,070 people employed. 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 $54 per hour or $113,950 annually on average in Delaware. Nationally they average about $47 per hour or $99,330 annually. Incomes for banking managers are better than in the overall category of Financial in Delaware, and better than the overall Financial category nationally. People working as banking managers can fill a number of jobs, such as: operations manager, bank manager, and actuarial manager.

In 2008, there were a total of 553,149 jobs in Delaware. The average annual income was $40,375 in 2008, up from $39,932 the preceding year. The unemployment rate in Delaware was 8.1% in 2009, which has grown by 3.2% since the previous year. About 25.0% of Delaware residents have college degrees, which is higher than the national average.

The top industries in Delaware include nondurable goods merchant wholesalers, management of companies, and offices of other holding companies. Notable tourist destinations include the Delaware Center for the Contemporary Arts, the DCCA, and the New Castle County Public Libraries.

CITIES WITH Banking Manager OPPORTUNITIES IN Delaware


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 Delaware 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: Delaware

Delaware
Delaware photo by Tim Kiser

Delaware has a population of 885,122, which has grown by 12.96% over the past decade. Nicknamed the "First State," its capital is Dover, though its largest city is Wilmington. In 2008, there were a total of 553,149 jobs in Delaware. The average annual income was $40,375 in 2008, up from $39,932 the previous year. The unemployment rate in Delaware was 8.1% in 2009, which has grown by 3.2% since the previous year. Approximately 25.0% of Delaware residents have college degrees, which is higher than the national average.

The top industries in Delaware include nondurable goods merchant wholesalers, management of companies, and offices of other holding companies. Notable tourist attractions include the Arden Craft Shop Museum, the Delaware Center for the Contemporary Arts, and the Historical Society of Delaware.