Bank manager
Bank managers oversee the day-to-day operations of their branch, supervise staff and work to attract new customers.
Average annual salary (starting - experienced): £24,000 - £70,000
Typical hours (a week): 35 - 40
Related videos on a bank manager
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.
University (Entry requirements)
You'll usually need:
- 2 to 3 A levels, or equivalent, for a degree
Apprenticeship
You could do a banking relationship manager degree apprenticeship, or a financial services professional degree apprenticeship.
Apprenticeship (Entry requirements)
You'll usually need:
- 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a degree apprenticeship
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 info
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 & 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
- to be able to use a computer and the main software packages competently
What you'll do
Day to day
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
Career path & 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.
