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Career and Education Opportunities for Banking Managers in Maine

Maine has a population of 1,318,301, which has grown by 3.40% in the last 10 years. Nicknamed the "Pine Tree State," its capital is Augusta, though its most populous city is Portland.

There are currently 2,690 jobs for banking managers in Maine and this is projected to grow by 7% to about 2,880 jobs by 2016. This is not quite as good as 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.

Income for banking managers is about $34 hourly or $72,720 yearly on average in Maine. Nationally, their income is about $47 per hour or $99,330 per year. Compared with people working in the overall category of Financial, people working as banking managers in Maine earn more. They earn more than people working in the overall category of Financial nationally. Jobs in this field include: collections manager, reimbursement director, and fiscal manager.

In 2008, there were a total of 840,874 jobs in Maine. The average annual income was $36,368 in 2008, up from $35,028 in 2007. The unemployment rate in Maine was 8.0% in 2009, which has grown by 2.7% since the previous year. Roughly 22.9% of Maine residents have college degrees, which is lower than the national average.

The top industries in Maine include paper manufacturing, pulp, paper, and paperboard mills, and direct selling establishments. Notable tourist attractions include the Maine Historical Society Museum, the Center for Maine History, and the Museum of African Tribal Art.

CITIES WITH Banking Manager OPPORTUNITIES IN Maine


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 Maine 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.

LOCATION INFORMATION: Maine

Maine
Maine photo by Fundamentaldan

Maine has a population of 1,318,301, which has grown by 3.40% over the past decade. Nicknamed the "Pine Tree State," its capital is Augusta, though its biggest city is Portland. In 2008, there were a total of 840,874 jobs in Maine. The average annual income was $36,368 in 2008, up from $35,028 the previous year. The unemployment rate in Maine was 8.0% in 2009, which has grown by 2.7% since the previous year. Approximately 22.9% of Maine residents have college degrees, which is lower than the national average.

The top industries in Maine include paper manufacturing, pulp, paper, and paperboard mills, and direct selling establishments. Notable tourist attractions include the Maine Womens Chistian Temperance Union, the Tate House Museum, and the Portland Harbor Museum.