bank manager Description 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.

Alternative label bank business development manager bank executive officer bank director financial institution branch manager bank branch administrative manager financial services branch manager bank branch manager retail bank manager corporate bank manager banking operations manager regional bank manager Regulatory aspect To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database: http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Hierarchy 1 Managers 13 Production and specialised services managers 134 Professional services managers 1346 Financial and insurance services branch managers bank manager Essential skills and competences align efforts towards business development analyse business objectives analyse business processes analyse financial performance of a company analyse financial risk analyse market financial trends assume responsibility for the management of a business control financial resources create a financial plan delegate activities develop an organisational structure enforce financial policies ensure compliance with company regulations follow company standards follow the statutory obligations get involved in the day-to-day operation of the company impart business plans to collaborators make strategic business decisions manage budgets manage staff plan health and safety procedures safeguard bank reputation strive for company growth Essential Knowledge accounting techniques banking activities business management principles corporate social responsibility financial analysis financial jurisdiction financial management financial statements investment analysis securities Optional skills and competences abide by business ethical code of conducts advise on financial matters advise on investment build business relationships conclude business agreements consult credit score ensure lawful business operations evaluate performance of organisational collaborators guarantee customer satisfaction hire new personnel liaise with managers manage financial risk monitor national economy negotiate with stakeholders offer financial services recruit personnel report on overall management of a business shape corporate culture show an exemplary leading role in an organisation synthesise financial information train employees Optional Knowledge business loans contract law financial products marketing principles mortgage loans tax legislation