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Career and Education Opportunities for Banking Managers in Utah

Utah has a population of 2,784,572, which has grown by 24.69% over the past decade. Nicknamed the "Beehive State," Utah's capital and most populous city is Salt Lake City.

There are currently 4,070 working banking managers in Utah; this should grow by 24% to about 5,040 working banking managers in the state by 2016. 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. 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.

Banking managers earn approximately $41 hourly or $86,550 per year on average in Utah. Nationally they average about $47 hourly or $99,330 annually. Earnings for banking managers are better than earnings in the general category of Financial in Utah and better than general Financial category earnings nationally. People working as banking managers can fill a number of jobs, such as: commercial banker, service center manager, and loan administrator.

In 2008, there were a total of 1,702,493 jobs in Utah. The average annual income was $32,050 in 2008, up from $31,800 the previous year. The unemployment rate in Utah was 6.6% in 2009, which has grown by 2.9% since the previous year. About 26.1% of Utah residents have college degrees, which is higher than the national average.

The top industries in Utah include activities related to credit intermediation, nonferrous metal production, and sporting goods manufacturing. Notable tourist attractions include the Hogle Zoo, the Utah Museum of Natural History, and the Chase Home Museum UT Folk Arts.

CITIES WITH Banking Manager OPPORTUNITIES IN Utah


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 Utah 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: Utah

Utah
Utah photo by the U.S. National Park Service

Utah has a population of 2,784,572, which has grown by 24.69% in the last 10 years. Nicknamed the "Beehive State," Utah's capital and biggest city is Salt Lake City. In 2008, there were a total of 1,702,493 jobs in Utah. The average annual income was $32,050 in 2008, up from $31,800 in 2007. The unemployment rate in Utah was 6.6% in 2009, which has grown by 2.9% since the previous year. Approximately 26.1% of Utah residents have college degrees, which is higher than the national average.

The top industries in Utah include activities related to credit intermediation, nonferrous metal production, and sporting goods manufacturing. Notable tourist destinations include the Utah State Government, the Hogle Zoo, and the Utah Museum of Natural History.