Financial Institution Manager or Director
- 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.
Typical Education Level
Honours, Bachelor's degree
Will retirement created job openings
In the UK, 11% in this profession are aged 55 or above.* They will likely retire in the next 10 years, creating a demand for new workers
*This is based on national data
Average annual earnings
The current average wage for financial institution manager or director is £43,077
The number of jobs in the career for the current year is 1,717. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.
Over the past year, jobs have been posted for financial institution manager or director roles.
How well does it pay?
Normal pay for this occupation is £43,077 per year. That is about £3,590 per month or £22.09 per hour. New workers generally start on £24,502, while highly experienced workers can earn as much as £89,253
Is it growing or declining?
This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 1,717 people are employed in the region.