Bank manager

Alternative titles for this job include 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.

Average salary (a year)

£24,000 Starter

to

£70,000 Experienced

Typical hours (a week)

35 to 40 a week

You could work

weekends on a rota

How to become a Bank manager

You can get into this job through:

  • a university course
  • an apprenticeship
  • working towards this role

University

You could take a degree before applying for a management trainee scheme. Degree subjects include:

  • management
  • accounting
  • economics
  • finance
  • maths

You could do a retail banking internship for a minimum of 8 weeks during your degree. This will give you a head start when applying for trainee manager jobs after you finish.

Entry requirements

You'll usually need:

  • 2 to 3 A levels for a degree

More information

Apprenticeship

You could do a banking relationship manager degree apprenticeship, or financial services professional degree apprenticeship.

Entry requirements

You'll usually need:

  • 5 GCSEs at grades 9 to 4 (A* to C) and college qualifications like A levels for a higher or a degree apprenticeship

More information

Work

You could apply to join a bank in a customer service job and work your way up.

You'll usually need a least 5 GCSEs at grades 9 to 4 (A* to C), including English and maths, or equivalent qualifications.

You could take further training on the job while you study for management qualifications.

More information

Further information

You can find more advice about training and working in banking from the London Institute of Banking and Finance and Chartered Banker Institute.

What it takes

Skills and knowledge

You'll need:

  • excellent verbal communication skills
  • business management skills
  • customer service skills
  • the ability to sell products and services
  • leadership skills
  • knowledge of economics and accounting
  • ambition and a desire to succeed
  • to be thorough and pay attention to detail
  • You will be expected to use a computer confidently as part of this job.

What you'll do

Day-to-day tasks

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

Working environment

You could work in an office.

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.

Training opportunities

Apprenticeships In England

Pensions Administration Apprenticeship Programme

  • Wage : £336.50 Weekly
  • Location: Redhill RH1 1WS

Apprentice Financial Services Administrator Level 2

  • Wage : £120.00 Weekly
  • Location: Birchington CT7 9RF

Courses In England

Business and Financial Management - BA Hons Degree - Topup

  • Provider: BLACKPOOL AND THE FYLDE COLLEGE
  • Start date: 10 September 2019
  • Location: Blackpool

ACCA F9 Financial management

  • Provider: Chichester College Group
  • Start date: 15 March 2019
  • Location: Chichester

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