Financial institution managers and directors


Average Annual Pay

Annual Survey of Hours and Earning 2018


Average Weekly Hours

Annual Survey of Hours and Earning 2018


Unemployment Rate

Labour Force Survey 2018

Future employment projections (Working Futures UK)


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


Entry is possible with A levels/H grades, S/NVQ levels 4 and 5, a degree or equivalent qualification. Those with higher qualifications obtain accelerated training. Internal promotion to management is also possible. On-the-job training is provided. Professional qualifications are available and often mandatory.

Typical tasks

  • plans, organises, directs and co-ordinates the activities of financial institutions;
  • verifies that accounting, recording and information storage and retrieval procedures are adhered to;
  • authorises loans and mortgages in accordance with bank or building society policy;
  • promotes financial services, establishes contact with the local business community and professional firms;
  • preparing general reports and briefs on more complex cases for senior management;
  • ensures compliance with the statutory regulatory framework.

Common job titles

Manager, card, credit
Manager, branch (assurance company)
Manager, branch (bank)
Manager, costing (bank)
Manager, sales (building society)
Manager, technical (bank)
Manager, branch (building society)
Manager, unit, mortgage
Manager, insurance
Officer, operating, chief (banking)
Manager, branch (insurance)
Manager, cost (bank)
Manager, settlements
Banker, business
Manager (stock jobbers)
Manager (stockbrokers)
Manager (banking)
Manager, collection
Manager, collections
Manager, operations (bank)
Manager, fund, pension
Manager, technical (building society)
Manager, banking
Banker (finance)
Manager, office, post
Manager (postal services)
Director, bank
Manager, bank
Manager, district (friendly society)
Manager, operations (building society)
Manager, transaction
Manager, corporate (bank)
Manager, market, mortgages
Manager, society, friendly
Manager, company, insurance
Manager (insurance brokers)
Manager, lending
Officer, operating, chief (building society)
Manager (building society)
Manager, broking
Owner (loan office)
Manager (average adjusting)
Manager, society, building
Manager, mortgage
Manager, sales (bank)
Manager, technical (insurance)
Manager, divisional (insurance)
Head of lending
Manager (insurance)
Manager, corporate (building society)
Manager, equity
Manager, operations, bank

Education background

Destination of Leavers survey, supplied by the Higher Education Statistics.