Banking apprenticeship

This Higher Apprenticeship in Banking is for anyone who aspires to manage a branch or number of branches for a bank, building society or credit union, or who would like to become a Commercial Relationship Manager.

The role of the branch manager involves supervising staff and includes responsibilities such as ensuring employees’ salaries are paid and that leave and other entitlements are provided for. Ensuring customer satisfaction is also part of the job. The branch manager is often expected to be committed to the expansion and success of the business.

The commercial banking relationship manager works with the financial institution’s corporate clients. These clients may be small or medium businesses or large corporations. Depending on the size of the company, the relationship manager may recommend more products and provide business advice that will benefit the business client.

If you complete this Higher Apprenticeship, you could progress to membership of the IFS School of Finance or the Chartered Banker Institute. You could then complete a professional qualification that offers a fast-track route onto chartered studies through exemptions from certain parts of the syllabus.

This progression can lead to a specialist role in banking. It’s also possible to enter a higher education course in a subject related to banking, insurance, or other financial services. If you’re interested in a finance career, an apprenticeship is a great way to get into the market.

Level:

Higher (Level 4)

Starting salary (once qualified):

£30,000–£35,000

Job roles:

Branch manager, Commercial relationship manager

Issuing Authority:

Financial Skills Partnership – www.financialskillspartnership.org.uk