Bank manager Building society manager, financial institution manager or director
Bank managers oversee the day-to-day operations of their branch, supervise staff and work to attract new customers.
1. Entry requirements
There are no set requirements but you could get into this job by:
- joining a bank or building society's graduate management trainee scheme
- gaining experience in branch operations as an assistant manager and working your way up
- taking a higher apprenticeship
You'll usually need a degree to join a management trainee scheme. A degree in business, economics, finance, management or marketing may be the most useful.
2. Skills required
- the ability to lead, manage and motivate staff
- sales and marketing skills
- the ability to take responsibility and make decisions
3. What you'll do
You'll run one or more high street bank branches.
Your day-to-day tasks may include:
- communicating and implementing business, marketing and sales plans
- monitoring sales targets and budgets, and producing figures and reports
- assessing lending risk
- motivating staff to meet targets
- understanding the needs of individual and business customers
- making sure that staff follow rules and procedures
- developing relationships with the local community and businesses
- dealing with customer complaints
Starter: £18,000 to £40,000
Experienced: £40,000 to £60,000 (senior branch managers)
Highly Experienced: £70,000 or more (regional and head office managers)
Benefits can include profit-related bonuses, subsidised mortgages, loans, pensions, shares and insurance.
These figures are a guide.
5. Working hours, patterns and environment
You'll usually work 9am to 5pm, Monday to Friday. You may also work on Saturdays, depending on your branch's opening hours.
You may also be on a rota for security callouts.
You'll be based in an office at your branch. If you become a regional manager, you'll travel between a of number branches.
6. Career path and progression
You could work towards chartered banker status with the Chartered Banker Institute. This could help broaden your career options at senior management level.
With experience, you could take on responsibility for several branches in a local area or region. You could move into head office operations, or work with the bank's overseas division.
You could also work in corporate or investment banking.
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Last updated: 11 April 2017