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Branch Manager Salary
in Alabama, United States

$143,306 (USD)

Average Salary

$69/hr

Average Hourly

$11,722

Average Bonus

Last updated: March 21, 2019

Salary Recap

The average pay for a Branch Manager is $143,306 a year and $69 an hour in Alabama, United States. The average salary range for a Branch Manager is between $104,821 and $175,383. On average, a Bachelor's Degree is the highest level of education for a Branch Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Alabama, United States.

Average Salary Chart

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Job Summary

Description:
  • Directs and coordinates activities concerned with buying or selling investment products and financial services, such as securities, insurance, and real estate, for clients of brokerage firm: screens, selects, and hires registered representatives and other employees.
  • Directs inservice training to improve client services and increase sales volume.
  • Develops and implements plans to ensure compliance of workers with established programs, procedures, and practices.
  • Establishes internal control procedures to control margin accounts, short sales, and options and to reduce office errors and client complaints.
  • Reviews recapitulation of daily transactions to ensure accordance with rules and regulations of government agencies, regulatory bodies, and securities exchanges.
  • Analyzes operations to determine areas where cost reductions could be implemented or program improvements initiated.
  • Evaluates profitability of gross sales and transactions.
  • Conducts staff meetings of personnel to discuss changes in policy, redirection of sales emphasis to other programs, or to propose methods and procedures to increase firm's share of local market and trade volume.
  • Explains firm's research and customer service facilities and how use of facilities can promote customer relations and sales.
  • Prepares activity reports for evaluation by management.
  • May be required to have securities agent license.
  • May be required to have experience in certain type of brokerage office managed, such as full-service brokerage office, discount brokerage office, or full-service/discount brokerage office.
Branch Manager Job Prevalence in Alabama, United States

Job family: Financial Managers

Job family population: 569,380

Estimated population of Branch Manager jobs: 3,342

Rate of error: 0.6%

Salary Potential

Estimated salary in 2024:
$166,131
5 Year Change:
16 %

Education

Skills

Branch Manager Job Listings for Alabama, United States

Branch Manager
Mar 15
Sheffield, AL, USA
HGA Home Medical Equipment
The Branch Manager is responsible for the overall operation of the branch. Responsible for achieving the operational and financial goals set by the organization. Establish and maintain positive ...
Branch Manager
Feb 20
Birmingham, AL, USA
Turf Masters Lawn Care
Branch Managers at Turf Masters Lawn Care act as business owners but with lot's of support. As you grow your branch, you will share in the opportunities and the profits! Branch Manager ...
Branch Manager
Feb 7
Mobile, AL, USA
Orkin Pest Control
The Branch Manager position is ideal for someone who wants to be part of a rock solid company providing a valuable service to customers, an ideal work environment and strong training and development ...
Mortgage Branch Manager
Dec 26
Birmingham, AL, USA
Cardinal Financial
* Cardinal Financial is looking for qualified, licensed Branch Managers/Sr Loan officers. We offer a revolutionary loan **origination system,* *Octane* , that has automated the process from origination ...
Branch Manager
Mar 16
BB&T
... sales management and revenue generation within the branch. Provide quality leadership, encouragement and guidance to all branch personnel, while ensuring clients receive superior client service ...
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