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Our helpful platform provides the best banking jobs as well as opportunities to work in well-known banks in the UK with the likes of potentially working with HSBC, Lloyds or Royal Bank of Scotland. Even if you're interested in becoming a trader, or a security and fraud specialist, there are many promising opportunities that will make your career fulfilling and worthwhile! Why not read on to view the facts and figures of the financial world?
There are currently more than 2 million people working in the finance, insurance and banking industry all over the United Kingdom – that’s 7 per cent of the country’s total working population. The economic output of this industry is one the highest and is around 120 billion pounds, 6.5% of the country’s GDP. According to the latest data, the country has nearly 40,000 businesses that specialise in financial services. Outside of London, the UK’s main financial centres are in Edinburgh, Leeds, Manchester, and Birmingham.
Did you know that the average starting salaries for working in a bank are around £30,000 to £40,000? After three or more years, this rises to up to £50,000. Those with significant experience may earn a base salary of around £150,000.
However, be prepared for the working hours that are regularly long and often unsocial. You'll be expected to work at the weekend as deals approach crucial stages. This may have you working up to 100 hours a week in busy periods.
HSBC bank has a network that covers 66 countries and territories, as well as offering opportunities for you to develop your career in established and faster-growing markets. Some HSBC jobs offer a wide range of technology careers around the world as well as opportunities in their digital teams.
Approximately 47 thousand people worked for the Barclays group in the United Kingdom (UK) as of 2018, making this the location with the largest number of employees.
Nonetheless, Barclays careers have an average salary of £14,417 per year for Cashier and it is £78,552 per year for Vice President.