Banker vs finance sales consultant

The differences between bankers 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 banker and a finance sales consultant. Additionally, a finance sales consultant has an average salary of $45,562, which is higher than the $44,463 average annual salary of a banker.

The top three skills for a banker include taking care, financial services and securities. The most important skills for a finance sales consultant are customer satisfaction, sales process, and financial services.

Banker vs finance sales consultant overview

	Banker	Finance Sales Consultant
Yearly salary	$44,463	$45,562
Hourly rate	$21.38	$21.90
Growth rate	10%	10%
Number of jobs	29,725	101,031
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 61%
Average age	43	43
Years of experience	4	4

What does a banker do?

A banker is primarily responsible for assisting clients with their banking needs, particularly when withdrawing, depositing, and paying. Aside from handling transactions, bankers are also mainly responsible for opening and closing accounts, processing requirements, verifying the validity of documentation, recommending services and other financial options to clients, and resolving inquiries and concerns. A banker may answer calls and correspondence, coordinate with other banking personnel, maintain accurate data, and discuss conditions to clients thoroughly. Furthermore, because a banker mainly works with clients, it is essential to attain customer satisfaction.

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.

Banker vs finance sales consultant salary

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

	Banker	Finance Sales Consultant
Average salary	$44,463	$45,562
Salary range	Between $20,000 And $97,000	Between $34,000 And $59,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	Citi	-
Best paying industry	Finance	-

Differences between banker and finance sales consultant education

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

	Banker	Finance Sales Consultant
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Banker vs finance sales consultant demographics

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

	Banker	Finance Sales Consultant
Average age	43	43
Gender ratio	Male, 46.3% Female, 53.7%	Male, 62.5% Female, 37.5%
Race ratio	Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% 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 Percentage	6%	6%

Differences between banker and finance sales consultant duties and responsibilities

Banker example responsibilities.

Manage a mortgage, banking and securities base lending pipeline for one of the top lending branches in the firm.
Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
Earn numerous reward certificates for level of sales and customer service through QA.
Qualify potential members for membership by opening checking accounts, savings accounts, IRAs, CDs, and processing loan applications.
Follow appropriate VL guidelines to ensure compliance with QA and banking regulations.
Pass series 6 , 63 and insurance exams as registered member of FINRA.

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.

Banker vs finance sales consultant skills

Common banker skills

Taking Care, 15%
Financial Services, 10%
Securities, 6%
Bank Products, 5%
NMLS, 5%
Upselling, 4%

Common finance sales consultant skills

Customer Satisfaction, 19%
Sales Process, 18%
Financial Services, 17%
Customer Service, 9%
Loan Applications, 6%
Workplace, 2%

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Banker
Banker vs Finance Sales Consultant

Updated January 8, 2025

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