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Banking Manager Jobs in Silver Spring, MD (NOW HIRING)

MVB Bank

Banking Center Manager

Reston, VA

ABOUT THE ROLE As a Banking Center Manager, you will drive employee engagement by enabling a positive work environment that inspires, motivates, challenges, and supports exceptional performance. The ...

MVB

Banking Center Manager

Reston, VA · On-site

ABOUT THE ROLE As a Banking Center Manager, you will drive employee engagement by enabling a positive work environment that inspires, motivates, challenges, and supports exceptional performance. The ...

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All JobsBanking JobsBanking Manager JobsBanking Manager Jobs in Silver Spring, MD

Banking Manager information

See Silver Spring, MD salary details

$30K

$64.3K

$98.7K

How much do banking manager jobs pay per year?

As of Jul 27, 2026, the average yearly pay for banking manager in Silver Spring, MD is $64,323.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,600.00 and $76,000.00 per year, depending on experience, location, and employer.

What are some common challenges Banking Managers face when overseeing branch operations?

Banking Managers often encounter challenges such as balancing regulatory compliance with customer service, managing team performance, and adapting to rapidly changing financial technologies. They are responsible for ensuring the branch meets sales targets while maintaining strict adherence to policies and procedures. Additionally, they must foster a collaborative team environment, address customer concerns promptly, and stay informed about industry trends to keep the branch competitive.

What does a Banking Manager do?

A Banking Manager oversees the daily operations of a bank branch or department, ensuring efficient customer service, adherence to financial regulations, and achievement of sales targets. They supervise staff, manage budgets, handle customer issues, and implement strategies to attract and retain clients. Banking Managers also play a critical role in risk management, compliance, and maintaining the financial health of their branch. Their responsibilities may vary depending on the size and type of the financial institution.

What is the difference between Banking Manager vs Loan Officer?

AspectBanking ManagerLoan Officer
CredentialsBachelor’s degree in finance, business, or related field; often required certificationsBachelor’s degree; certifications like Mortgage Loan Originator (MLO) license may be needed
Work EnvironmentBank branches, corporate offices, management settingsBank branches, lending offices, client meetings
Employer & Industry UsageCommercial banks, retail banking, financial institutionsCommercial banks, mortgage companies, credit unions
Common Search & ComparisonOften compared for managerial roles in bankingCompared for loan processing and client advisory roles

The main difference is that a Banking Manager oversees overall branch operations, staff, and strategic goals, while a Loan Officer focuses on evaluating and approving individual loan applications. Both roles require financial knowledge and customer service skills but serve different functions within the banking industry.

What are the key skills and qualifications needed to thrive as a Banking Manager, and why are they important?

To thrive as a Banking Manager, you need strong financial acumen, leadership abilities, and a background in finance or business administration, often supported by a bachelor’s degree or higher. Familiarity with banking software, risk management tools, and regulatory compliance systems is typically required. Excellent communication, problem-solving, and team management skills help foster client relationships and lead staff effectively. These competencies are crucial for ensuring operational efficiency, regulatory compliance, and the achievement of organizational goals in a dynamic financial environment.
What are the most commonly searched types of Banking jobs in Silver Spring, MD? The most popular types of Banking jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Banking Manager jobs? Cities near Silver Spring, MD with the most Banking Manager job openings:
Banking Manager jobs near you
Infographic showing various Banking Manager job openings in Silver Spring, MD as of July 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 90% Physical, 5% Hybrid, and 5% Remote job distribution, with an average salary of $64,323 per year, or $30.9 per hour.
Business Banking Officer

Business Banking Officer

Burke & Herbert Bank & Trust

Alexandria, VA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

Burke & Herbert Bank rating

6.4

Company rating: 6.4 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

147th of 170 rated banks

Job description

CLASSIFICATION

Exempt


REPORTS TO

EVP – Director of Business Banking

JOB DESCRIPTION

Summary/Objective

As a member of the Business Banking Team, the Business Banking Officer (BBO) seeks and establishes new banking relationships (both credit and deposit based) with businesses (up to $10 million in annual revenue) within the assigned geographic market. Partners with the Community Bank Managers within the market – receiving new business leads and referrals from the branch teams. Also partners with the Bank’s Commercial Banking Executives in the market to assess and fulfill the credit needs of potential and new business customers. Annual targets for loan, deposit and treasury sales will be established based upon market opportunity.

Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  1. Achieve annual sales targets (credit, deposit & treasury) for the establishment of new relationships with businesses in the assigned territory and for the expansion of existing relationships.
  2. Responsible for developing and executing a comprehensive territory sales plan to achieve desired results.
  3. Partner with Community Bank Managers within the territory to receive and follow-up on business banking leads, and to introduce the bank manager to new business customers for the day-to-day servicing of their relationships. Executes joint sales activities and ongoing training to develop small business skills of assigned territory team.
  4. Fosters teamwork and small business knowledge in all assigned branches to ensure a positive customer experience.
  5. Engages in cross-selling and refers customers to other business segments as appropriate
    1. Refers business owners and employees to the bank manager for the establishment of new personal banking relationships.
    2. Discuss the benefits of the Bank’s Wealth Advisory service and refer business owners to Wealth Management for the establishment of new wealth relationships.
    3. Discuss features of consumer mortgage products and refer business owners and employees to Mortgage Loan Officers for the establishment of new mortgage loans.
  6. Partner with Credit Officers for the handling of credit requests from new and prospective business customers.
  7. Actively employs strategies to expand business banking customer relationships by identifying their needs and maximizing opportunities.
  8. Participate in local business organizations, such as chambers of commerce, to represent the Bank, and help fulfill the Bank’s responsibilities as a member of the community.
  9. Participate in and support various community and promotional activities of the Bank designed to enhance the Bank’s image and visibility in the business community.
  10. Spends majority of time in the field, on sales appointments, generating leads to new opportunities, and closing business.
  11. Refer to Commercial Banking Executives’ leads on businesses of sizes well exceeding $10 million for the handling of specialized credit requests, and support/facilitate such requests as required (especially to ensure a high-caliber experience for the prospective customer).


Other Duties

  1. Complies with all policies and procedures as applied to the Bank's BSA/AML policy.
  2. Perform other duties as assigned.


Skills/Abilities

  1. Communication skills: Business Bankers require great oral and written communication skills to perform their job successfully.
  2. Passion: They must be passionate about outside sales and enjoy spending time prospecting.
  3. Presentation skills: Business Bankers require this skill to confidently deliver client presentations, including in-depth credit analysis to recommend appropriate credit option strategies to help small business clients achieve their goals.
  4. Consultative sales skills: They require the ability to probe, listen, clarify, and present information, to advance sales transactions. It is important that they are knowledgeable in financial services outside sales, business-to-business sales, and Business Banking.
  5. Analytical skills: They must possess the ability to assimilate complex financial information, analyze financial conditions of clients and industry trends, to make informed decisions. It is also essential to understand and interpret financial statements and cash flow analysis.
  6. Teamwork abilities: They must enjoy partnering and negotiating with a team of Bank employees to solve client issues.
  7. Knowledge: Demonstrated management of an extensive client portfolio with sizeable funds may be required. A thorough knowledge of business financial products and services may be required.
  8. Success oriented: Proven record of accomplishment in achieving sales goals in the business banking arena highly preferred.

Supervisory Responsibility

This position has no supervisory responsibilities.

Work Environment

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.


Physical Demands

This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping, or standing as necessary.

Travel

Travel is required for this position.

This position is classified as exempt, and as such it is paid on a salaried basis. The pay range for this position is $100,000 - $155,000 annually.


This position is classified as full-time and the benefits package includes health insurance, dental insurance, vision insurance. Employees may select from coverage options which range from employee only to family coverage. Full-time employees receive Paid Time Off (PTO), a paid holiday schedule, paid bereavement, and paid parental leave. Benefits also include company paid life insurance and paid long-term disability coverage. Our bank also offers a 401(k) with a company match.

Education and Experience

  1. Bachelor’s Degree in a related discipline (or equivalent additional related professional experience) preferred.
  2. Minimum experience of three years as a business development/sales officer in the financial services or similar sector, and five years overall in the financial services sector preferred; familiarity with assigned geographic region is a plus.
  3. Microsoft Office.


Equal Employment Opportunity/M/F/disability/protected veteran status

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

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