Jobs After Retirement From a Bank

The finance and banking industries in the UK are huge, and this means there are a huge number of employees in the companies coming up to retirement age. Many choose to continue to work elsewhere. Jobs after retirement from a bank can be a way to continue to work and top up your pension or retirement savings.

Skills Learned Working in Banking

If you have worked in a bank then the chances are you will have a lot of transferable skills that can make you a very good option for employment in other roles later in life.

These skills may include:

• Organisational skills. Bankers have to manage appointments, calendars, and peoples’ finances.
• People skills. Working with customers is a big part of working in a bank, especially if you are in consumer banking.
• Analytical skills. Bankers have to be able to read financial reports and understand what they mean for the company and its customers.
• Problem-solving skills. Bankers often have to deal with difficult customer queries and find solutions quickly.

Jobs for Former Bank Employees

There are a number of casual jobs that former bankers may be interested in. These jobs can offer the chance to work on a flexible basis, bring in some extra income, and they usually have shorter hours than full-time roles.

The jobs below are a few examples of roles that you may be interested in after retirement from a bank.

• Retail jobs in high street stores. A career working in the bank will probably have given you the skills needed for this.
• Customer service jobs. Many companies are looking for people with good customer service skills, and this is a skill that bankers will have learned.
• Sales jobs. If you have been a banker then you may know how to sell products and services to customers.
• Administrative jobs. Often, administrative jobs may not require long hours or weekend work, so you can do them casually.
• Consultancy. A good option for those who have retired from a bank is to start their own consultancy. This can be a great way to use the skills you have learned over your career and work to your own schedule while helping small businesses.
• Starting your own business. Self-employment is an option that a lot of retirees choose, and the skills you have learned in banking can be very helpful for this.

Whatever route you decide to go down after retirement from a bank, make sure you take the time to find a role that will be enjoyable and challenging. A job that doesn’t use your expertise or abilities may not be the best option for you. While you can retrain, you might not want to in your later years.

Finding a Job After Retiring From a Bank

Our career change jobs board has many opportunities for people who are coming from one career type and looking to break into another, and the employers are often happy to work with people who require casual work.