Bank manager average salary | UK Salary Information

Financial institution managers and directors

£71,905

£28,669

£49,495

£64,282

Jobs included

Insurance manager

Job info

Financial institution managers and directors plan, organise, direct and co-ordinate the activities and resources of banks, building societies, insurance companies and post offices.

Plans, organises, directs and co-ordinates the activities of financial institutions;
Verifies that accounting, recording and information storage and retrieval procedures are adhered to;
Authorises loans and mortgages in accordance with bank or building society policy;
Promotes financial services, establishes contact with the local business community and professional firms;
Preparing general reports and briefs on more complex cases for senior management;
Ensures compliance with the statutory regulatory framework.

Entry requirements

Entry is possible with A levels/H grades, S/NVQ levels 4 and 5, a degree or equivalent qualification. Those with higher qualifications obtain accelerated training. Internal promotion to management is also possible. On-the-job training is provided. Professional qualifications are available and often mandatory.