Branch Manager IV(Highland Ave, Salem)

Eastern Bank

$85K — $140K *
Salem, MA 01970In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Strong problem resolution skills and leadership ability
  • Ability to communicate effectively and convey information clearly
  • Demonstrated ability to generate sales excitement
  • Proven ability to build strong cross-functional relationships
  • Bachelor's Degree or equivalent experience required
  • 5+ years of management experience in retail banking preferred
  • Successful track record in sales, service, and management.

Responsibilities

  • Manage a large banking office with over $100 million in deposits
  • Conduct business development through personal visits and outbound calls
  • Lead project management and regional sales initiatives as requested
  • Promote Eastern Bank through community leadership roles
  • Ensure compliance with bank policies and regulations
  • Collaborate with internal partners to support branch success
  • Develop branch staff through coaching and sales activities

Benefits

  • Robust benefits package
  • Comprehensive retirement plan
  • Opportunities for professional development
  • Engagement in community events and networks
  • Dynamic work environment promoting customer satisfaction.
Full Job Description
Job Description

Hiring Range: $85,665 - $140,736

The posted salary range reflects Eastern's expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.

In a Retail bank branch, proactively sells the bank's products and services to existing customers and prospects, guides the sales efforts of the platform team, ensures superior customer service levels, and manages the daily operations.
  • Responsible for the overall management of a large banking office, typically defined as having over $100 million in deposits and/or a staffing complement of 10.0 or more FTE. An office of this size typically has a senior assistant manager who assumes responsibility for managing the daily sales activities of the platform staff toward achievement of their personal sales objectives, as well as established branch goals, however, the branch manager assumes ultimate responsibility for the success of these endeavors. Through tested techniques, directly engages the branch's management team and platform staff in sales and service coaching sessions.
  • With a focus on building commercial relationships, conducts business development activities to include personal visits and outbound teleservicing as components, several of which may be joint with partners from the business banking unit.
  • Takes a lead role among peers in project management, regional sales and service events, general management, and/or divisional initiatives as requested by Regional Manager
  • Promotes Eastern Bank through taking on leadership roles in community organizations (i.e. Chamber of Commerce, Rotary, etc.), city/town events, local business networks, etc.
  • Ensures sound branch operations and compliance. Complies with all bank policies, regulations, and laws applicable in carrying out responsibilities for both staff and self.
  • Effecively collaborates with internal business partners (HR, Wealth, Business Banking, Consumer Lending, etc.) to ensure branch success.
  • Manage and develop branch staff through observational coaching sessions, joint sales calls where applicable, using the coaching models, defined sales activities, and consultative customer sales tools. Leads by example and inspires confidence, respect, loyalty and ensures a positive team environment among staff.
  • Proactively identifies, reports, and resolves customer issues to ensure a positive customer experience, actively promotes programs that solidify the customer relationship, and manages customer service standard levels within the branch, adhering to established guidelines.
  • Consistently applies policies for routine aspects of staff management, and as performance issues arise. Prepare and deliver performance appraisals for staff.
  • Expected to have / gain full understanding of the teller function.

Balancing policy and procedure with appropriate judgement, independently makes management decisions that are mutually beneficial to the bank and the customer. Incumbent seeks appropriate guidance when dealing with policy ambiguity, unfamiliar employee situations, etc.

Qualifications:
  • Strong problem resolution skills and leadership ability
  • Leads by example and inspire confidence, respect, loyalty and ensures a positive team environment among staff.
  • Basic business acumen and professionalism is a must.
  • The ability to communicate information and ideas so others will understand. Must be able to exchange accurate information in these situations.
  • Demonstrated ability to generate sales excitement.
  • Ability to build relationships and strong alliances across the organization is crucial.
  • Ability to develop branch staff through observational coaching sessions, joint sales calls, where applicable, defined sales activities, etc.
  • Must have the ability to quickly adapt and be a change agent.
  • Must be able to quickly learn all details about the products and services offered by the bank and must retain and build upon product knowledge base as a member of the division's management team.
  • Must understand the "big picture" in banking - e.g., answers to questions like: How does a bank make money? What makes a product profitable?
  • Bachelor's Degree or equivalent combination of training and experience required.
  • 5+ years of management experience and proven leadership capabilities required, preferably in a retail banking environment.
  • Must have a history of solid sales, service, and management successes.

Working Conditions:

Incumbent may be required to attend a "banking school" program like those offered through the Consumer Bankers Association

Similar Jobs

More Jobs at Eastern Bank

More Finance & Insurance Jobs

Find similar Branch Manager IV(Highland Ave, Salem) jobs: