Corporate Structure and Leadership Overview of a Financial Services Company
This document highlights the organizational hierarchy of a financial services company, detailing key positions, salaries, and reporting structures. The Chief Executive earns £500k per year, overseeing various directors, each earning £150k. Key positions include Marketing, Human Resources, Finance, and Operations Directors. The marketing division specifically features roles from Head of Product Marketing down to Marketing Executives, with salaries ranging from £20k to £90k. Two organizational structures are compared, with the flatter structure saving £130k in the marketing division alone.
Corporate Structure and Leadership Overview of a Financial Services Company
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Chief Executive £500k a year
Marketing Director £150k a year Reports to Chief Executive
Human Resources Director £150k a year Report to Chief Executive
Finance Director £150k a year Reports to Chief Executive
Operations Director £150k a year Reports to Chief Executive
Head of Product Marketing £90k a year Report to Marketing Director
Head of Brand Marketing £90k a year Reports to Marketing Director
Head of E-Marketing £90k a year Reports to Marketing Director
Product Controller – Banking & Savings £60k a year Reports to Head of Product Marketing
Product Controller - Mortgages £60k a year Reports to Head of Product Marketing
Product Controller – Insurance £60k a year Head of Product Marketing
Product Manager – Savings Account £40k a year Reports to Product Controller Banking & Savings
Product Manager - Banking £40k a year Reports to Product Controlller Banking & Savings
Product Manager – Credit Card £40k a year Reports to Product Controller Banking & Savings
Marketing Executive – Current Accounts £20k a year Reports to Product Manager Banking
Marketing Executive - Overdrafts £20k a year Reports to Product Manager Banking
Marketing Executive – Travel Money £20k a year Reports to Product Manager Banking
Product Controller - Savings £60k a year Reports to Marketing Director
Product Controller - Banking £60k a year Reports to Marketing Director
Product Controller - Mortgages £60k a year Reports to Marketing Director
Product Controller – Home Insurance £60k a year Reports to Marketing Director
Brand Marketing Controller £60k a year Reports to Marketing Director
E-Marketing Controller £60k a year Reports to Marketing Director
Marketing Executive - Savings £20k a year Reports to Product Controller - Savings
Marketing Executive - Banking £20k a year Reports to Product Controller - Banking
Marketing Executive - Banking £20k a year Reports to Product Controller Banking
Marketing Executive - Mortgages £20k a year Reports to Product Controller Mortgages
Marketing Executive - Mortgages £20k a year Reports to Product Controller Mortgages
Marketing Executive – Home Insurance £20k a year Reports to Product Controller Home Insurance
Marketing Executive – Home Insurance £20k a year Reports to Product Controller Home Insurance
First structure (Tall) Wage bill £1.73m 6 layers of management Spans of Control 3 (except CEO)
Second structure (Flatter) Wage bill £1.6m (saving £130k in Marketing Division alone) 4 layers of management Biggest Span of Control 6
