£14,040
Average salary at age 20
£73,320
Average Salary
33
Average hours per week
Description
Financial institution managers and directors plan, organise, direct and co-ordinate the activities and resources of banks, building societies, insurance companies and post offices.Main Tasks
- 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.
Qualifications
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.What Financial institution managers and directors studied in higher education
| Occupation | Percentage Value |
|---|---|
| (L4) Social policy | 1 |
| (G3) Statistics | 1 |
| (L7) Human & social geography | 2 |
| (G1) Mathematics | 6 |
| (W2) Design studies | 2 |
| (L3) Sociology | 3 |
| (C1) Biology | 1 |
| (Q9) Others in linguistics, classics & related subjects | 1 |
| (F1) Chemistry | 1 |
| (C8) Psychology | 1 |
| (H4) Aerospace engineering | 1 |
| (W8) Imaginative writing | 2 |
| (W6) Cinematics & photography | 1 |
| (Q3) English studies | 4 |
| (L2) Politics | 3 |
| (K2) Building | 2 |
| (N5) Marketing | 2 |
| (M1) Law by area | 2 |
| (B1) Anatomy, physiology & pathology | 2 |
| (N6) Human resource management | 1 |
| (V5) Philosophy | 1 |
| (T1) Chinese studies | 1 |
| (L1) Economics | 18 |
| (N1) Business studies | 17 |
| (X3) Academic studies in education | 1 |
| (N4) Accounting | 3 |
| (N2) Management studies | 13 |
| (V1) History by period | 3 |
| (N3) Finance | 5 |
| (I1) Computer science | 1 |
UK Prospects
96300
Workforce Size
3.42%
Predicted growth 2024 - 2027
12019
Predicted Replacement 2024 - 2027
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