Financial Institution Branch Manager

Direct the local activities of bank branches, building societies and credit unions.

Financial Institution Branch Manager

Financial Institution Branch Manager

Roles and responsibilities

Financial institution branch managers:

  • 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 enquires and complaints
  • ensure the branch conforms with security regulations
  • ensure the funds of the branch balance at the 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

The number of people employed as financial institution/bank branch managers has declined in the past ten years and may continue to decline.

This is due to the closure of many financial institution branches and mergers between institutions.

Declining employment prospects are likely to continue in line with the introduction of new technology. As technology continues to advance in this industry, many people will no longer need the physical presence of a branch and can perform most of their financial duties online or using the phone.

Sources: myFuture

Financial institution branch managers:

  • 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 enquires and complaints
  • ensure the branch conforms with security regulations
  • ensure the funds of the branch balance at the 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

The number of people employed as financial institution/bank branch managers has declined in the past ten years and may continue to decline.

This is due to the closure of many financial institution branches and mergers between institutions.

Declining employment prospects are likely to continue in line with the introduction of new technology. As technology continues to advance in this industry, many people will no longer need the physical presence of a branch and can perform most of their financial duties online or using the phone.

Sources: myFuture

Undergraduate Courses To Become

Financial Institution Branch Manager

Recommended major/s to pursue this career
Other relevant majors include:
Postgraduate Courses To Become

Financial Institution Branch Manager

Course work courses to pursue this career
Postgraduate study is not necessarily required for this occupation, but may be helpful for career advancement.

Relevant postgraduate courses include: