How much does a Group Manager I Retail Banking make in Newark, NJ? The average Group Manager I Retail Banking salary in Newark, NJ is $132,100 as of March 26, 2024, but the range typically falls between $115,070 and $155,100. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Group Manager I Retail Banking Salary | $99,565 | Newark,NJ | March 26, 2024 |
25th Percentile Group Manager I Retail Banking Salary | $115,070 | Newark,NJ | March 26, 2024 |
50th Percentile Group Manager I Retail Banking Salary | $132,100 | Newark,NJ | March 26, 2024 |
75th Percentile Group Manager I Retail Banking Salary | $155,100 | Newark,NJ | March 26, 2024 |
90th Percentile Group Manager I Retail Banking Salary | $176,040 | Newark,NJ | March 26, 2024 |
The Group Manager I Retail Banking establishes the strategy, specific goals, and performance levels required for each branch to meet the organizational objectives for the region. Manages the financial and service performance of a defined group of retail branches in a geographic area. Being a Group Manager I Retail Banking leads business development and promotional activities in the area and coaches branch managers in tactics to build customer relationships, increase sales, and enhance the bank's presence in the community. Monitors and analyzes financial and customer activity to understand needs, identify issues, and provide the tools and resources needed to achieve goals. In addition, Group Manager I Retail Banking typically requires a bachelor's degree. Typically reports to a director. The Group Manager I Retail Banking manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Group Manager I Retail Banking typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
5 + years experience
Bachelor's Degree
Bachelor's Degree
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About Newark, New Jersey Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of th....More
Newark, New Jersey area prices were up 1.6% from a year ago View the Cost of Living in Newark, New Jersey
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