How much does a Banking Operations Manager I make in the United States? The average Banking Operations Manager I salary in the United States is $75,935 as of June 27, 2024, but the range typically falls between $63,438 and $91,502. 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. 

Banking Operations Manager I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Banking Operations Manager I Salary $52,061 US June 27, 2024
25th Percentile Banking Operations Manager I Salary $63,438 US June 27, 2024
50th Percentile Banking Operations Manager I Salary $75,935 US June 27, 2024
75th Percentile Banking Operations Manager I Salary $91,502 US June 27, 2024
90th Percentile Banking Operations Manager I Salary $105,674 US June 27, 2024
25% $63,438 10% $52,061 90% $105,674 75% $91,502 $75,935 50%(Median) Didn’t find job title? Click
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What skills does a Banking Operations Manager I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Customer Retention: Customer retention refers to the ability of a company or product to retain its customers over some specified period. High customer retention means customers of the product or business tend to return to, continue to buy or in some other way not defect to another product or business, or to non-use entirely. Selling organizations generally attempt to reduce customer defections. Customer retention starts with the first contact an organization has with a customer and continues throughout the entire lifetime of a relationship and successful retention efforts take this entire lifecycle into account. A company's ability to attract and retain new customers is related not only to its product or services, but also to the way it services its existing customers, the value the customers actually generate as a result of utilizing the solutions, and the reputation it creates within and across the marketplace.

3.

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

Customer Service 6.03%
Customer Retention 2.17%
Customer Relationship 1.44%
Others 90.36%
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Job Description for Banking Operations Manager I

Banking Operations Manager I manages and directs the operations department for a financial institution. Ensures efficient delivery of products and services to clients. Being a Banking Operations Manager I develops and implements polices and procedures. Requires a bachelor's degree or its equivalent. Additionally, Banking Operations Manager I typically reports to a senior manager. The Banking Operations Manager I 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. Extensive knowledge of department processes. To be a Banking Operations Manager I typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Banking Operations Manager I
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  • Job Description. Job Description. Salary range is $70k to $165k, with a midpoint of $115k. New hires typically receive between minimum and midpoint, howeve...
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    - 15 Days Ago
  • Job Description. Operations Manager. Washington Branch. Uline: Where hard work and hustle are valued and rewarded. Pay. From $96,000 to $160,000 per year. ...
    - 9 Days Ago
  • Job Description. Position Type: Full-Time. Starting Salary: $115,000. Salary Increases: Year 2 $120,000 | Year 3 - $125,000 | Year 4 - $130,000. Duties and...
    - 18 Days Ago

Career Path for Banking Operations Manager I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Banking Operations Manager I, the first career path typically progresses to Float Manager.

The second career path typically progresses to Foreclosure Manager.

The third career path typically starts with a Banking Operations Manager II position, and then progresses to Banking Operations Director.

Additionally, the fourth career path typically progresses to ATM Manager (Functionality).

Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Banking Operations Manager I salary varies from city to city. Compared with national average salary of Banking Operations Manager I, the highest Banking Operations Manager I salary is in San Francisco, CA, where the Banking Operations Manager I salary is 25.0% above. The lowest Banking Operations Manager I salary is in Miami, FL, where the Banking Operations Manager I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Banking Operations Manager I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
63438
91502
75935

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
66332
100039
81390
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Banking Operations Manager I in the United States. The base salary for Banking Operations Manager I ranges from $63,438 to $91,502 with the average base salary of $75,935. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,332 to $100,039 with the average total cash compensation of $81,390.
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63438
91502

 

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Skills associated with Banking Operations Manager I: Back Office Operations, Quality Assurance Process, Performance Metrics, Operational Policy Development

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Banking Operations Manager I Salary in United States
Banking Operations Manager I Salary Graph, Regional Distribution and Summary