How to Become an International Bank Manager

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How to Become an International Bank Manager

If you have an interest in international banking, overseeing the work of others, and you’re a stickler for customer service, then you may want to consider a career as an international bank manager (if you haven’t already!).

 

This field offers excellent pay, consistent working hours, and the ability to use a wide range of business and interpersonal skills.

 

If becoming an international bank manager sounds promising, then read on below; we’ll fill you in on what you’d be doing, how much you could make, and what you need to do to get into this field!       

 

 

Education Needed to Become an International Bank Manager

Although the specific education you’ll need will vary, most employers will require that you have an undergraduate or graduate degree in a field related to banking or management, such as economics, finance, marketing, international business, management, or a closely related field. 

 

 

 

Experience for Becoming an International Bank Manager

1. Working your way up: You will typically need 5 years or more of experience in roles of progressive responsibility in the banking industry if you plan on going this route. For example, you might start as a Loan Officer, Accountant, Auditor, Securities Sales Agent, or Financial Analyst and work your way into supervisory and management positions.

 

2. Through a graduate trainee program: Many banking and other financial institutions offer management training programs for university graduates who wish to become bank managers. The entrance requirements for these programs vary, although they typically include a university degree in a field such as business, economics, finance, management or marketing.

 

 

Licensing Needed to Become an International Bank Manager

The licensing and certification requirements for becoming an international bank manager vary from employer to employer, and from region to region. Be sure to check job postings carefully and plan accordingly, as you may need licensing or certification in one of the following areas:

 

• Investment Funds and Financial Securities

• Credit Management

• Personal Financial Planning

 

 

Skills Needed to Become an International Bank Manager

In order to be effective in your role as HR manager, you’ll need to have a certain knowledge base, as well as certain skills, including:

 

• Familiar with a variety of international banking concepts, practices, and procedures

• Extensive knowledge of international trade products and banking services

• Able to lead and motivate staff, and direct their work activities

• Sales and marketing skills; able to develop a business plan for the branch and ensure it is executed by staff

• A thorough understanding of financial product regulations and the legal aspects of banking

• The ability to build and maintain meaningful respectful relationships with staff and customers

• A demonstrated ability to provide advice on the best course of action to address a variety of operational issues

• An understanding of relevant corporate structures, systems, processes, products and services, policies and objectives

• Strong communication and negotiation skills

• Proficient in Microsoft Outlook, Word, Access and Excel

• Strong understanding of, and experience in, general management concepts, such as finance, human resources, marketing, sales, compliance, operations

 

 

What You'd Be Doing: General Job Description

As an international bank manager, you would be responsible for directing and overseeing the international banking policies, objectives and initiatives of a bank or other financial institution.  

 

 

General Job Duties

Although the functions you would perform could vary from job to job, tasks you would be responsible for performing might include:

 

• Developing and maintaining banking services to international clients and accounts

• Maintaining current knowledge of changes in cultural and legal issues pertaining to international banking

• Directing and overseeing the planning and implementation of the international banking policies, objectives and initiatives of a bank or financial institution

• Leading and directing the work activities of supervisors

• Ensuring profitability of the branch

• Developing and maintaining international banking contacts

• Providing executives or board of directors with suggestions relating to the improvement of business procedures or strategies

 

 

 

What Kind of Salary Can You Earn?

The salary level you could earn as an international bank manager can vary, typically depending on the following factors:

 

• Your professional qualifications (education, experience, etc.)

• The size and budget of your employer

• The region in which you work

• The scope of your job duties

 

International Bank Manager Salary - Alberta: According to the 2015 Alberta Wage and Salary Survey, the average salary level of Albertans working in the Banking, Credit and Other Investment Managers occupational group is $101,004 per year.

 

International Bank Manager Salary - Canada: According to Service Canada, the average salary level of Canadians working in the Banking, Credit and Other Investment Managers occupational group is $84,400 per year.

 

International Bank Manager Salary - United States: According to the United States Bureau of Labor Statistics, the median salary level of Americans working in the Financial Managers occupational group is $115,320 per year.

 

 

Who Employers International Bank Managers?

The following types of organizations typically employ international bank managers, on a full-time or contractual basis:

 

• Banks

• Credit unions

• Financial securities brokerages

• Commodities brokerages

• Trust companies

• Mortgage investment companies 

 

 

International Bank Manager Jobs

Our job board below has "International Bank Manager" postings in Canada, the United States, the United Kingdom and Australia.

Careers Similar to ‘International Bank Manager’

Listed below are occupations in our database that have similar responsibilities, and/or require similar skills, or be in the same sector of industry, as International Bank Manager:

 

Account Manager

• Bank Manager

• Finance Manager

• International Business Consultant

• Investment Banking Analyst

• Investment Portfolio Manager

 

 

References

Information for this career guide was compiled from the websites listed below. Some information has also been compiled from actual job postings from various organizations, which cannot be listed here due to the brief nature of their online availability.

 

• Alberta Learning Information Service website - Banking/Investment Manager: occinfo.alis.alberta.ca

• United States Bureau of Labor Statistics website - Financial Managers: www.bls.gov

 

 

Scholarships for Becoming an International Bank Manager

The “Applicable Majors” section below shows fields of study relevant to a career as an international bank manager. You can search for scholarships matched to those fields of study on our All Scholarships by Major page.

 

Success Tip: Be sure to apply for any scholarships that you even barely qualify for, as there are millions of dollars of scholarships that go unused every year due to a lack of applicants!

 

 

Becoming an International Bank Manager: Applicable Majors

Studying one of the college/university majors listed below can be helpful for becoming a international bank manager. Click on the links to find out what else you can do with these majors!

 


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