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Career and Education Opportunities for Banking Managers in Rhode Island

Rhode Island has a population of 1,053,209, which has grown by 0.47% over the past 10 years. Nicknamed the "Ocean State," Rhode Island's capital and largest city is Providence.

There are currently 2,100 working banking managers in Rhode Island; this should grow 13% to 2,360 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 $49 per hour or $102,530 yearly on average in Rhode Island. Nationally, their income is about $47 hourly or $99,330 annually. Banking managers earn more than people working in the category of Financial generally in Rhode Island and more than people in the Financial category nationally. Banking managers work in a variety of jobs, including: bank advisor, consumer loan manager, and accounting manager.

In 2008, there were a total of 612,258 jobs in Rhode Island. The average annual income was $41,261 in 2008, up from $40,147 the previous year. The unemployment rate in Rhode Island was 11.2% in 2009, which has grown by 3.6% since the previous year. Roughly 25.6% of Rhode Island residents have college degrees, which is higher than the national average.

The top industries in Rhode Island include miscellaneous manufacturing, other miscellaneous manufacturing, and electrical equipment, appliance, and component manufacturing. Notable tourist attractions include the Culinary Archives & Museum at Johnsn & WLS Unvrsty, the RI Holocaust Museum, and the Providence Fire Museum.

CITIES WITH Banking Manager OPPORTUNITIES IN Rhode Island


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 Rhode Island 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: Rhode Island

Rhode Island
Rhode Island photo by Whitney

Rhode Island has a population of 1,053,209, which has grown by 0.47% in the last 10 years. Nicknamed the "Ocean State," Rhode Island's capital and biggest city is Providence. In 2008, there were a total of 612,258 jobs in Rhode Island. The average annual income was $41,261 in 2008, up from $40,147 in 2007. The unemployment rate in Rhode Island was 11.2% in 2009, which has grown by 3.6% since the previous year. Roughly 25.6% of Rhode Island residents have college degrees, which is higher than the national average.

The top industries in Rhode Island include miscellaneous manufacturing, other miscellaneous manufacturing, and electrical equipment, appliance, and component manufacturing. Notable tourist attractions include the Rhode Island Historical Society, the USS Saratoga Museum Foundation Inc, and the Governor Henry Lippitt House Museum.