In 2008, Manchester was cited as being the fifth largest financial services centre in the country, employing almost 100,000 people in the banking, insurance and finance sectors. The Co-Operative Group, offering banking services and insurance products among others, is by far one of the city's biggest employers. The Royal Bank of Scotland also have a relatively new headquarters based in Spinningfields, which is fast becoming known as the city's financial district.
Employment opportunities in the banking sector in Manchester are widespread. These roles range from customer service advisers and managers within bank branches right up to financial analysts. Roles are available for those with various areas of expertise, including research, marketing, IT and sales.
Pay varies from around £7 per hour for clerical officers and payment processors, and reach six figure salaries for more senior managerial staff. Branch managers at banking institutions can earn between £25,000 and £35,000 per annum. Branch staff have plenty of scope for part time work, while head office roles tend to be full time.
There are a number of specialist recruitment agencies in Manchester that will help staff to find their next role within the banking sector - see below for more details.