£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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