How much does a Banking Operations Manager II make in Lowell, MA? The average Banking Operations Manager II salary in Lowell, MA is $92,530 as of March 26, 2024, but the range typically falls between $77,554 and $107,328. 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 II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Banking Operations Manager II Salary $63,919 Lowell,MA March 26, 2024
25th Percentile Banking Operations Manager II Salary $77,554 Lowell,MA March 26, 2024
50th Percentile Banking Operations Manager II Salary $92,530 Lowell,MA March 26, 2024
75th Percentile Banking Operations Manager II Salary $107,328 Lowell,MA March 26, 2024
90th Percentile Banking Operations Manager II Salary $120,800 Lowell,MA March 26, 2024
25% $77,554 10% $63,919 90% $120,800 75% $107,328 $92,530 50%(Median) Didn’t find job title? Click
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What skills does a Banking Operations Manager II 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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

Cash Management: Cash management refers to a broad area of finance involving the collection, handling, and usage of cash. It involves assessing market liquidity, cash flow, and investments. In banking, cash management, or treasury management, is a marketing term for certain services related to cash flow offered primarily to larger business customers. It may be used to describe all bank accounts (such as checking accounts) provided to businesses of a certain size, but it is more often used to describe specific services such as cash concentration, zero balance accounting, and clearing house facilities. Sometimes, private banking customers are given cash management services. Financial instruments involved in cash management include money market funds, treasury bills, and certificates of deposit.

Analysis 5.32%
Microsoft Office 2.13%
Cash Management 1.06%
Others 91.49%

Job Description for Banking Operations Manager II

Banking Operations Manager II manages and directs the operations department for a financial institution. Ensures efficient delivery of products and services to clients. Being a Banking Operations Manager II develops and implements polices and procedures. Requires a bachelor's degree or its equivalent. Additionally, Banking Operations Manager II typically reports to a senior manager. The Banking Operations Manager II 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 Banking Operations Manager II typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Banking Operations Manager II in Lowell, MA
  • Description. Azzur Cleanrooms on Demand™. Our employees are fueled by an entrepreneurial spirit and the desire to make a difference in the lives of our cus...
    - 1 Day Ago
  • Overview. The Operations Technician II require basic technical skills and capabilities. The ability to organize technical tasks, as well as the ability to ...
    - 3 Days Ago
  • Job Description. This position is a 3rd shift position. Job Responsibilities. Open, sort, and balance customer remittances according to bank and customer p...
    - 5 Days Ago
  • REQUIRED: a high school diploma or its equivalent. at least three years of administrative, office support, or related experience. ability to work in a fast...
    - 3 Days Ago
  • Overview. GENERAL SUMMARY OF POSITION. Under the general supervision of the Director or designee, the Maintenance Co-Generation Engineer II supervises the ...
    - 5 Days Ago

Career Path for Banking Operations Manager II

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

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Banking Operations Manager II salary varies from city to city. Compared with national average salary of Banking Operations Manager II, the highest Banking Operations Manager II salary is in San Francisco, CA, where the Banking Operations Manager II salary is 25.0% above. The lowest Banking Operations Manager II salary is in Miami, FL, where the Banking Operations Manager II 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 II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
77554
107328
92530

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
82465
117999
98381
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Banking Operations Manager II in Lowell, MA. The base salary for Banking Operations Manager II ranges from $77,554 to $107,328 with the average base salary of $92,530. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $82,465 to $117,999 with the average total cash compensation of $98,381.
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77554
107328

 

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About Lowell, Massachusetts    Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massach....More

Lowell, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Lowell, Massachusetts

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

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