What’s it like to be 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.
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.
How much can I expect to earn?
Full-time employed Financial Institution Branch Manager earn an average of
$1540 per week. The [average annual salary for this job is $80080 excluding su
per.]
Duties and 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.