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Financial Institution Managers and Directors

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

Wages

New workers
AVERAGE
Experienced
£ 31,112
£ 49,318
£ 125,523

New workers start around £31,112. Normal pay is £49,318 per year. Highly experienced workers can earn up to £125,523.

Available jobs

In the past year there were 77,425 vacancies for this type of job

-0.13%

Projected job growth over the next 8 years

Related courses

People work towards these careers by taking these courses at college and uni.

What they do most days?

  • Ensures compliance with the statutory regulatory framework.

  • Preparing general reports and briefs on more complex cases for senior management.

  • Promotes financial services, establishes contact with the local business community and professional firms.

  • Authorises loans and mortgages in accordance with bank or building society policy.

  • Verifies that accounting, recording and information storage and retrieval procedures are adhered to.

  • Plans, organises, directs and co-ordinates the activities of financial institutions.

Hard Skills

Hard skills are specific, learnable, measurable, often industry or occupation-specific abilities related to a position.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Finance

  • Commercial Banking

  • Accounting

  • Financial Services

  • Stakeholder Management

  • Key Performance Indicators (KPIs)

  • Risk Management

  • Cost Management

  • Auditing

  • Process Improvement

Soft Skills

Soft skills can be self-taught and usually do not necessitate a certain completed level of education.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Management

  • Communications

  • Leadership

  • Operations

  • Sales

  • Customer Service

  • Influencing Skills

  • Planning

  • Problem Solving

  • Negotiation

How do I get a job like this?

People in these types of job started their career paths after studying courses like the ones below.

Routes to this career

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