£12,480 Average salary at age 20
£33,800 Average Salary
41 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.

UK Prospects

96300 Workforce Size
9.59% Predicted growth 2025 - 2035

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