How much does a Float Manager make in the United States? The average Float Manager salary in the United States is $107,665 as of April 24, 2024, but the range typically falls between $80,214 and $125,187. 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, helps you determine your exact pay target. 

Float Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Float Manager Salary $55,221 US April 24, 2024
25th Percentile Float Manager Salary $80,214 US April 24, 2024
50th Percentile Float Manager Salary $107,665 US April 24, 2024
75th Percentile Float Manager Salary $125,187 US April 24, 2024
90th Percentile Float Manager Salary $141,140 US April 24, 2024
25% $80,214 10% $55,221 90% $141,140 75% $125,187 $107,665 50%(Median) Didn’t find job title? Click
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What skills does a Float Manager 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.


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.


Auditing: Auditing refers to the independent examination of financial information of any entity whether profit oriented or not. It is a safeguard measure that prevents corruption.


Collective Bargaining: Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs. The union may negotiate with a single employer (who is typically representing a company's shareholders) or may negotiate with a group of businesses, depending on the country, to reach an industry-wide agreement. A collective agreement functions as a labour contract between an employer and one or more unions. Collective bargaining consists of the process of negotiation between representatives of a union and employers (generally represented by management, or, in some countries such as Austria, Sweden and the Netherlands, by an employers' organization) in respect of the terms and conditions of employment of employees, such as wages, hours of work, working conditions, grievance procedures, and about the rights and responsibilities of trade unions. The parties often refer to the result of the negotiation as a collective bargaining agreement (CBA) or as a collective employment agreement (CEA).

Customer Service 9.09%
Auditing 9.09%
Collective Bargaining 9.09%
Others 72.73%

Job Description for Float Manager

Float Manager manages and leads a group of float analysts. Oversees information regarding float activities within an organization. Being a Float Manager designs and implements necessary process changes to speed check processing and reduce float time. Stays abreast of laws enacted by the Federal Reserve to best serve the objectives of the organization and adjusts plans accordingly. Additionally, Float Manager requires a bachelor's degree. Typically reports to top management. The Float Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Float Manager typically requires 3+ years of managerial experience. (Copyright 2024 View full job description

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Job Openings for Float Manager
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  • Overview. Physicians. Are you looking for a physician practice with a family environment, but with the benefits and support a large organization can provid...
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Career Path for Float Manager

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

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Float Manager salary varies from city to city. Compared with national average salary of Float Manager, the highest Float Manager salary is in San Francisco, CA, where the Float Manager salary is 25.0% above. The lowest Float Manager salary is in Miami, FL, where the Float Manager 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
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

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Float Manager in the United States. The base salary for Float Manager ranges from $80,214 to $125,187 with the average base salary of $107,665. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $83,042 to $138,722 with the average total cash compensation of $114,113.
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Skills associated with Float Manager: Process Analysis, Banking Software, Trend Analysis

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Float Manager Salary in United States
Float Manager Salary Graph, Regional Distribution and Summary