Crossword Genius

Pounds in the bank for one to do bathroom renovation? (5)

Ross

I believe the answer is:

tiler

I'm a little stuck... Click here to teach me more about this clue!

'one to do bathroom renovation?' is the definition.
I can't tell whether this defines the answer.

'pounds in the bank' is the wordplay.
'pounds' becomes 'l' (currency sign).
'in the' means one lot of letters goes inside another.
'bank' becomes 'tier' (both can mean a row of similar things).
'l' inserted within 'tier' is 'TILER'.

'for' acts as a link.

Can you help me to learn more?

(Other definitions for tiler that I've seen before include "doorkeeper at lodge" , "Roof worker" , "High-level operator" , "Tradesman who covers roofs or bathroom walls with rectangular materials" , "Relit for tradesman" .)

I've seen this clue in The Times.
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