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Career and Education Opportunities for Banking Managers in Vermont

Vermont has a population of 621,760, which has grown by 2.12% over the past decade. Nicknamed the "Green Mountain State," its capital is Montpelier, though its most populous city is Burlington.

There are currently 770 working banking managers in Vermont; this should grow 5% to 810 working banking managers in the state by 2016. This is not quite as good as 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.

A person working as a banking manager can expect to earn about $45 per hour or $94,530 yearly on average in Vermont and about $47 hourly or $99,330 yearly on average in the U.S. as a whole. Earnings for banking managers are better than earnings in the general category of Financial in Vermont and better than general Financial category earnings nationally. Jobs in this field include: foreign exchange dealer, loan systems director, and finance director.

In 2008, there were a total of 434,917 jobs in Vermont. The average annual income was $38,700 in 2008, up from $37,735 the previous year. The unemployment rate in Vermont was 6.9% in 2009, which has grown by 2.4% since the previous year. About 29.4% of Vermont residents have college degrees, which is higher than the national average.

The top industries in Vermont include computer product manufacturing, nonupholstered wood household furniture manufacturing, and sporting goods merchant wholesalers. Notable tourist attractions include the Fleming Museum, the American Expeditions, and the Yolanda Drag Queen Singer Songwriter.

CITIES WITH Banking Manager OPPORTUNITIES IN Vermont


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 Vermont 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: Vermont

Vermont
Vermont photo by Jared C. Benedict

Vermont has a population of 621,760, which has grown by 2.12% over the past decade. Nicknamed the "Green Mountain State," its capital is Montpelier, though its largest city is Burlington. In 2008, there were a total of 434,917 jobs in Vermont. The average annual income was $38,700 in 2008, up from $37,735 the preceding year. The unemployment rate in Vermont was 6.9% in 2009, which has grown by 2.4% since the previous year. Approximately 29.4% of Vermont residents have college degrees, which is higher than the national average.

The top industries in Vermont include computer product manufacturing, nonupholstered wood household furniture manufacturing, and sporting goods merchant wholesalers. Notable tourist attractions include the Fleming Museum, the Yolanda Drag Queen Singer Songwriter, and the Burlington Chamber of Commerce.