How to become a Financial Institution Branch Manager

Financial institution branch managers direct the local activities of the bank branches of and branches of related financial institutions such as building societies and credit unions.

Personal requirements of a Financial Institution Branch Manager

  • Good oral and written communication skills
  • good organisational and time management skills
  • able to make calculations quickly and accurately
  • able to work under pressure
  • leadership skills
  • able to analyse and solve problems.

Duties & Tasks of a Financial Institution Branch Manager

Financial institution branch managers may perform the following tasks:

  • develop and put into practice business plans, policies and procedures for the branch
  • keep systematic business records and prepare financial statements, budgets and reports
  • promote the institution with local clients and firms in order to generate business for the branch
  • give financial advice about interest rates, and investment and loan products
  • deal with customer enquiries and complaints
  • ensure that the branch conforms to security regulations
  • ensure that the branch's funds are balanced at close of business and investigate any discrepancies
  • interview applicants for loans
  • check loan and credit applications and make recommendations to the institution's central processing department.

Working conditions for a Financial Institution Branch Manager

Although financial institution branch managers mainly work indoors, they may be required to travel between branches. Working hours can therefore extend beyond the normal business hours for the branch.

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