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Career and Education Opportunities for Banking Managers in New Mexico

New Mexico has a population of 2,009,671, which has grown by 10.48% in the last 10 years. Nicknamed the "The Land of Enchantment," its capital is Santa Fe, though its most populous city is Albuquerque.

There are currently 2,780 working banking managers in New Mexico; this should grow by 14% to about 3,170 working banking managers in the state by 2016. This is better than the nation as a whole, where employment opportunities for banking managers are expected to grow by about 7.7%. 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 $37 hourly or $76,980 yearly on average in New Mexico. Nationally, their income is about $47 per hour or $99,330 per year. Earnings for banking managers are the same as earnings in the general category of Financial in New Mexico and better than general Financial category earnings nationally. Banking managers work in a variety of jobs, including: factor, loan manager, and financial institution manager.

In 2008, there were a total of 1,117,433 jobs in New Mexico. The average annual income was $33,389 in 2008, up from $32,093 the previous year. The unemployment rate in New Mexico was 7.2% in 2009, which has grown by 2.7% since the previous year. Approximately 23.5% of New Mexico residents have college degrees, which is lower than the national average.

The top industries in New Mexico include casinos (except casino hotels), other nonmetallic mineral mining, and all other miscellaneous ambulatory health care services. Notable tourist attractions include the National Hispanic Cultural Center, the Albuquerque Museum Gift Shop, and the Hispanic Cultural Foundation.

CITIES WITH Banking Manager OPPORTUNITIES IN New Mexico


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 New Mexico 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: New Mexico

New Mexico
New Mexico photo by karol m

New Mexico has a population of 2,009,671, which has grown by 10.48% over the past decade. Nicknamed the "The Land of Enchantment," its capital is Santa Fe, though its largest city is Albuquerque. In 2008, there were a total of 1,117,433 jobs in New Mexico. The average annual income was $33,389 in 2008, up from $32,093 the preceding year. The unemployment rate in New Mexico was 7.2% in 2009, which has grown by 2.7% since the previous year. About 23.5% of New Mexico residents have college degrees, which is lower than the national average.

The top industries in New Mexico include casinos (except casino hotels), other nonmetallic mineral mining, and all other miscellaneous ambulatory health care services. Notable tourist destinations include the Albuquerque City Government, the Flowers by ZACH, and the Rattlesnake Museum & Gift Shop.