Managerial Position of Manager Bank of America Essay

passenger carial Position of Manager rely of America - Essay ExampleA honorable fuckr can direct to more productive outcomes and is able to increase the achievements of whatever organization. Good attention can improve the reputation of the marge and job satisfaction of employees. Thus, it can provide good customer satisfaction and increase the customer base. Managerial Functions Bank manager is in charge for the overall procession and performance of the coast and the employees. The function of bank manager is to ensure superior service quality, business advancement and accomplishment of target (Peke, n.d.). The most important function of a bank manager in Bank of America is to develop the business of the bank. Bank manager always strives to increase the income through increasing the customer base. Bank manager is liable for setting the goals and planning a way to fulfill them. It is the function of bank manager to regularly examine the progression of other competitor ban ks and assess their business activities. A bank manager must ensure to maintain the professional standard and the policy of the bank (Stanley St Labs, n.d.). Kinds of Managers Control monster This type of managers like to control all operations of the bank on his own. They do not prefer employees to make any liberal of managerial decision whether it is a small decision or big. This patient of of manager never tells the details about any assignment to complete it. Autocratic Manager of this kind does not care about the workers. This type of manager is quite tuff and they are pretty illume about their need. Team Builder This kind of managers is proficient at their work. They are quite open penny-pinching subordinates and they seek for creativity from the workers. These kinds of managers do any task in particular way and by involving the employees. Managerial Roles In banking there are several roles for managers which are Operation manager These types of managers are open to the customers and afford good communication adroitness. They deal with the customer directly about any kind of problem. Retail manager These types of managers handles the retail operations such as bank cashier, ATM operations, manage the deposit and withdrawal, money order, utility-grade bill and others. Investment manager The role of investment manager is to manage the account of customer, freight brokerage, give way the investment, and manage the investment fund and operational investments. Financial manager The role of financial manager is to manage the bill, account, and other financial services. Loan manager Loan manager assess the loan requests, verify the customers potential to repay the loan amount and provide approval of loan. These types of managers are specialized in business, consumer and credit contribute (Profitableinvestment, 2011). Managerial Skills Technical A manager must be able to use specific methods or techniques to perform the managerial task. The technical skill is not associated with usage of equipment, machinery or technology. It is related with the usage of several(a) managerial techniques in decision making such as break even analysis, planning any training program, conduct an interview and others. Interpersonal A manager must possess skill to get hold of the employees. The interpersonal skills of manager consist of motivating the employees, resolving any disagreement and communicating with customers and other people. conceptual Conceptual skills are extremely important for middle level or top level managers. A manager should be capable of grasping the whole picture of any bank. Communication This is the basic skill of all bank managers. A manag