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Bank specialist vs finance sales consultant

The differences between bank specialists and finance sales consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a bank specialist and a finance sales consultant. Additionally, a finance sales consultant has an average salary of $45,562, which is higher than the $42,779 average annual salary of a bank specialist.

The top three skills for a bank specialist include bank products, strong customer service and customer relationships. The most important skills for a finance sales consultant are customer satisfaction, sales process, and financial services.

Bank specialist vs finance sales consultant overview

Bank SpecialistFinance Sales Consultant
Yearly salary$42,779$45,562
Hourly rate$20.57$21.90
Growth rate10%10%
Number of jobs22,225101,031
Job satisfaction-5
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 61%
Average age4343
Years of experience44

What does a bank specialist do?

A bank or banking specialist is an individual responsible for maintaining effective business relationships with the bank's clients while ensuring an optimal customer service level. To support customer retention, bank specialists must identify their customers' banking needs and suggest appropriate bank products and services. They perform teller functions such as processing customer deposits, cashing checks, and issuing official checks. Bank specialists must also ensure that the bank complies with government regulations and standards.

What does a finance sales consultant do?

A finance sales consultant helps sell financial products and services. They can work in various industries, such as home, automotive, or banking. They essentially assess their client's needs and provide financial solutions. There are a lot of skills needed to become a good finance sales consultant. However, great customer service and communication skills top the demand.

Bank specialist vs finance sales consultant salary

Bank specialists and finance sales consultants have different pay scales, as shown below.

Bank SpecialistFinance Sales Consultant
Average salary$42,779$45,562
Salary rangeBetween $28,000 And $64,000Between $34,000 And $59,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyGoldman Sachs-
Best paying industryFinance-

Differences between bank specialist and finance sales consultant education

There are a few differences between a bank specialist and a finance sales consultant in terms of educational background:

Bank SpecialistFinance Sales Consultant
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Bank specialist vs finance sales consultant demographics

Here are the differences between bank specialists' and finance sales consultants' demographics:

Bank SpecialistFinance Sales Consultant
Average age4343
Gender ratioMale, 45.3% Female, 54.7%Male, 62.5% Female, 37.5%
Race ratioBlack or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 11.4% White, 66.6% American Indian and Alaska Native, 0.2%Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.0% Asian, 10.2% White, 67.7% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between bank specialist and finance sales consultant duties and responsibilities

Bank specialist example responsibilities.

  • Achieve sustained revenue improvement in loans, annuities and deposit accounts every month at bank.
  • Manage a customer portfolio, which includes servicing business relationships and cross-selling business banking products and services.
  • Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
  • Work with clients to resolve operational cash management issues in relation to select treasury management products.
  • Serve on the holding company compliance committee responsible for identifying and implementing PC base loan origination systems.
  • Initiate, review, and prepare all consumer and small business loan requests from origination to closing.
  • Show more

Finance sales consultant example responsibilities.

  • Process teller transactions, manage and service ATM, schedule and process cash shipments, and manage branch cash.
  • Manage client relationship by presenting solutions for customers state and unstate needs while cross-selling company products.
  • Introduce Swagelok quality system and implement CRM system for operation optimization and organizational growth.
  • Perform monthly client-profitability analysis using branch profit and loss metrics in order to maximize current client profitability and cross-sell opportunities.
  • Balance cash drawer, vault, and ATM with exactness, also adding cash and correcting any disputes.
  • Supervise motivated and coach treasury management staff in all aspects of treasury management.

Bank specialist vs finance sales consultant skills

Common bank specialist skills
  • Bank Products, 13%
  • Strong Customer Service, 10%
  • Customer Relationships, 9%
  • Financial Services, 8%
  • Treasury, 5%
  • Financial Solutions, 4%
Common finance sales consultant skills
  • Customer Satisfaction, 19%
  • Sales Process, 18%
  • Financial Services, 17%
  • Customer Service, 9%
  • Loan Applications, 6%
  • Workplace, 2%