Bank manager
Also known as: bank business development manager, bank executive officer, bank director, financial institution branch manager, bank branch administrative manager, financial services branch manager
About this occupation
Bank managers oversee the management of one or several bank activities. They set policies which promote safe banking operations, ensure the economic, social and commercial targets are met and that all the bank departments, activities and commercial policies are in compliance with legal requirements. They also manage employees and maintain an effective working relationship among the staff.
Essential skills and knowledge
- analyse financial risk
- analyse business processes
- impart business plans to collaborators
- ensure compliance with company regulations
- enforce financial policies
- banking activities
- delegate activities
- analyse market financial trends
- accounting techniques
- business management principles
- financial analysis
- follow company standards
Typical tasks and preparation
From the related US occupation profile Financial Managers (O*NET 11-3031.00). Linked by an official crosswalk: related, not identical; details vary by country.
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- Oversee the flow of cash or financial instruments.
- Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
- Recruit staff members.
- Evaluate data pertaining to costs to plan budgets.
- Oversee training programs.
- Typical education (US)
- Bachelor's Degree
- Preparation
- Job Zone 4 of 5
- Interests
- Enterprising, Conventional, Social
Top skills: Reading Comprehension, Active Listening, Speaking, Critical Thinking, Writing, Monitoring
US median pay: US$166,570 a year (2025), 841,710 employed. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics.
Subjects this work relies on
How important each subject's knowledge is in the job itself, rated by people doing it (1 to 5).
- Business Studies or EntrepreneurshipO*NET: Administration and ManagementVery important (4.3)
- Economics or AccountingO*NET: Economics and AccountingVery important (4.1)
- Mathematics or StatisticsO*NET: MathematicsVery important (3.7)
- Government and PoliticsO*NET: Law and GovernmentVery important (3.6)
- English or Literature in EnglishO*NET: English LanguageImportant (3.3)
- Computer StudiesO*NET: Computers and ElectronicsImportant (3.3)
O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.
Preparation needed
Job Zone Four: Considerable Preparation Needed
- Most common education (US)
- Bachelor's Degree
- Education
- Most of these occupations require a four-year bachelor's degree, but some do not.
- Experience
- A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
- Training
- Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.
Related occupations
Occupations O*NET links to this one by similar work, skills and knowledge.
- Accountants and Auditors
- Financial and Investment Analysts
- Personal Financial Advisors
- Credit Analysts
- Loan Officers
- Financial Risk Specialists
- Securities, Commodities, and Financial Services Sales Agents
- Treasurers and Controllers
- Financial Examiners
- Investment Fund Managers
O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.