Bank manager
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)
£24000
Starter
£55000
Experienced
Typical hours (a week)
35.0 to 40.0 hours
a week
Work Hours
weekends
on a rota
How to become
Explore the different ways to get into this role
You can get into this job through:a university course; a college course; an apprenticeship; working towards this role
University
You could take a degree before applying for a management trainee scheme. Most degrees are acceptable, though you may gain relevant skills from subjects like
management, accounting, economics, finance, law, marketing, maths
You could get work experience during your degree through
taster days or work shadowing opportunities, banking vacation schemes, spring or summer internships, a year in industry placement
Work experience will give you a head start when applying for trainee manager jobs when you graduate.
Entry requirements
You'll usually need:
  • 2 to 3 A levels, or equivalent, for a degree
More Information
equivalent entry requirements|https://www.gov.uk/what-different-qualification-levels-mean/list-of-qualification-levels
student finance for fees and living costs|https://www.gov.uk/student-finance
university courses and entry requirements|https://www.ucas.com/
College
You could do a course at college that may give you some of the skills and knowledge to apply for trainee bank manager positions.
For example you could do a T Level in Finance.
Entry requirements
You'll usually need:
  • 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths for a T Level
More Information
equivalent entry requirements|https://www.gov.uk/what-different-qualification-levels-mean/list-of-qualification-levels
guide to T Levels|https://www.tlevels.gov.uk/
funding advice|https://www.gov.uk/further-education-courses/financial-help
search for courses|/find-a-course
Apprenticeship
You could join a bank as an apprentice and work your way up to management positions.
Relevant apprenticeships include the
financial services administrator advanced apprenticeship, senior financial services customer adviser advanced apprenticeship, financial services professional higher apprenticeship, chartered manager degree apprenticeship
If you want to work in commercial or investment banking you could do a Level 7 senior investment and commercial banking professional, higher apprenticeship.
Entry requirements
You'll usually need:
  • 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths, for an advanced apprenticeship
  • 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a higher or degree apprenticeship
More Information
equivalent entry requirements|https://www.gov.uk/what-different-qualification-levels-mean/list-of-qualification-levels
guide to apprenticeships|https://www.gov.uk/apprenticeships-guide
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, Chartered Banker Institute
What it takes
Find out what skills you’ll use in this role
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
Digital Skills Level
to be able to use a computer and the main software packages competently
What you will do
Discover the day-to-day tasks you’ll do in this role
Day to day tasks
You will be responsible for the day-to-day running of your branch or a number of branches. You could
communicate and put into practice, business, marketing and sales plans, monitor sales targets and budgets, and produce figures and reports, assess lending risk, motivate staff to meet targets, learn about the needs of individual and business customers, make sure that staff follow rules and procedures, develop relationships with the local community and businesses, deal with customer complaints
Working environment
You could work in an office.
You may need to wear smart business clothes.
Career Path & Progression
Look at progression in this role and similar opportunities
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. You could move into head office operations, or work with the bank's overseas division.
You could also work in corporate or investment banking.
Job profile data provided by The National Careers Service.