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Financial Institution Manager Or Director

Financial institution manager or director - overview

In this role you’ll use your leadership and management skills to oversee the activities of different financial accounts and branches of your company. Read on to find out more about working in this field, see what it involves and how you can work towards getting a role.

Learn what the role involves below.

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What does a financial institution manager or director do?

As a financial manager or director, you could work in a range of different jobs across financial institutions of all kinds. You might work in large institutions in the public or private sector, collaborating with other managers to make sure that regulations are met and business objectives achieved. Or you could be the director of a smaller company and influence the overall direction of your firm.

Your day-to-day responsibilities might include preparing reports and presentations for senior management, authorising large financial decisions, making sure regulations and laws are met, and planning future strategy. Being able to direct and influence the activity of your company will be highly rewarding.

What will your days involve?

Daily tasks will vary but could involve:

  • Managing other managers or employees
  • Signing off on major policies, processes and financial products
  • Reviewing company activity against targets
  • Working with senior managers and executives
  • Finding and securing high profile clients
  • Planning and directing institutional activity

FAQs

How much can you earn as a financial institution manager or director?

The average salary for a financial institution manager or director in the UK is £58,760. Graduates start at around £27,000.

Does a financial institution manager or director role involve travel in the UK or overseas?

There’s potential for travel depending on the company size. Financial managers can travel to different sites and there may be potential for overseas travel too.

Can you work from home as a financial institution manager or director?

Some companies may allow working from home, however the majority of this work is usually office based.

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