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Career and Education Opportunities for Banking Managers in New York

New York has a population of 19,541,453, which has grown by 2.98% in the last 10 years. Nicknamed the "Empire State," its capital is Albany, though its most populous city is New York.

Currently, 52,410 people work as banking managers in New York. This is expected to grow 10% to about 57,400 people 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 $62 hourly or $130,090 yearly on average in New York. Nationally, their income is about $47 hourly or $99,330 yearly. Compared with people working in the overall category of Financial, people working as banking managers in New York earn more. 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: loan manager, exchange floor manager, and chief executive officer .

In 2008, there were a total of 11,289,001 jobs in New York. The average annual income was $48,809 in 2008, up from $47,628 the previous year. The unemployment rate in New York was 8.4% in 2009, which has grown by 3.1% since the previous year. About 27.4% of New York residents have college degrees, which is higher than the national average.

The top industries in New York include securities contracts intermediation, investment banking dealing, and apparel, piece goods, and notions merchant wholesalers. Notable tourist attractions include the Asian American Arts Centre, the Adelson Galleries Inc, and the Children's Museum of Manhattan.

CITIES WITH Banking Manager OPPORTUNITIES IN New York


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 York 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 York

New York
New York photo by William Warby

New York has a population of 19,541,453, which has grown by 2.98% over the past 10 years. Nicknamed the "Empire State," its capital is Albany, though its most populous city is New York. In 2008, there were a total of 11,289,001 jobs in New York. The average annual income was $48,809 in 2008, up from $47,628 the preceding year. The unemployment rate in New York was 8.4% in 2009, which has grown by 3.1% since the previous year. Approximately 27.4% of New York residents have college degrees, which is higher than the national average.

The top industries in New York include securities contracts intermediation, investment banking dealing, and apparel, piece goods, and notions merchant wholesalers. Notable tourist attractions include the Abigail Adams Smith Museum, the Asian American Arts Centre, and the Anthology Film Archives Administration.