Bank manager
Run a branch of a high street bank and lead the team of customer advisers to help people with their money.
Also known as: credit union manager, building society manager, branch manager
About the job
Salary
Source: National Careers Service
Weekly
£462
Entry level
£1,058
Experienced
Monthly
£2,000
Entry level
£4,583
Experienced
Yearly
£24,000
Entry level
£55,000
Experienced
3,200
people are currently employed
High growth
300 more jobs in 5 years
These figures refer to this job and similar ones with comparable skills and qualifications. They only apply to Scotland. Source: Oxford Economics
What it's like
You would run a branch of a bank or building society and lead the team of customer advisers.
You’d make sure that people who come into the branch to manage their money get a good service. Your team would advise them about the best options for them and their circumstances.
You’d attract new customers and increase the sales of your bank’s financial products and services. These could include savings schemes, mortgages, loans, insurance and credit cards.
You would:
Understand the needs of individual and business customers
Develop a business plan for your branch
Oversee sales targets and budgets and produce figures and reports
Assess the risks of lending money to customers
Tell your team about business, marketing and sales plans and explain how to make them work
Motivate your staff to meet the sales targets
Maintain the brand image and corporate policies
Take responsibility for staff supervision and training
Make sure that staff follow rules and procedures to prevent fraud
Deal with any customer complaints
Go to meetings and conferences
Promote the bank’s services in the local community
You might run one or several retail (high street) branches.
You would need a thorough understanding of financial product regulations and the legal aspects of banking.
Hours
Environment
Travel
Explore more information about this job
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Related industries
Many jobs can be done in lots of different industries. We've highlighted the ones we think are most important for this job.
Financial services
Top skills
Skills are things you're good at. Whether you know what yours are or not, everyone has them!
It's useful to learn which ones are important in a job so you know the areas you need to brush up on. It can also help you work out if you're suited to a career.
Here are some of the skills you'll need to do this job:
- taking responsibility
- negotiating
- making decisions
- delegating
- managing resources
- working with numbers
- problem solving
- written communication
- verbal communication
- building relationships
Your skills are important
Our unique skillsets are what make us stand out from the crowd. Learn about each skill in depth and discover what employers look for in your applications and interviews.
Getting in
Explore the sections shown for more information about getting into this career.
You might have qualifications which are not shown here but will allow you access to a course. You can compare your qualifications by looking at their SCQF Level. For more information about this, check out the SCQF website.
Always contact the college, university or training provider to check exactly what you'll need.
Colleges and universities will list subjects you'll need for entry to a course. Some useful subjects include:
Accounting
Business
Business Management
Economics
Mathematics
Skills for Work: Financial Services
Foundation Apprenticeship: Financial Services
Applications of Mathematics
You can get a head start in this career by doing a Foundation Apprenticeship in S5 and S6.
You'll get an SCQF level 6 qualification which is the same level as a Higher. You'll also learn new skills and gain valuable experience in a work environment.
Discover what's on offer at your school on Apprenticeships.scot.
An honours degree (SCQF level 10) at 2:1 or above for entry to most graduate training programmes. You can apply to this job with a degree in any subject (SCQF level 9/10) but business, economics, accounting, finance or management subjects are recommended.
Alternatively you can apply to a Technical Modern Appreticeship in Banking (SVQ level 4). To enter an apprenticeship usually requires National 4/5s and four to five Highers or equivalent qualifications such as an Higher National level (SCQF level 7/8).
Or you could enter from other jobs within a bank through internal promotion.
Find the right course for you
Browse courses in Scotland related to 'Bank manager'