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Finance sales consultant vs finance & sales representative

The differences between finance sales consultants and finance & sales representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance sales consultant and a finance & sales representative. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $45,562 average annual salary of a finance sales consultant.

The top three skills for a finance sales consultant include customer satisfaction, sales process and financial services. The most important skills for a finance & sales representative are financial products, work ethic, and customer service.

Finance sales consultant vs finance & sales representative overview

Finance Sales ConsultantFinance & Sales Representative
Yearly salary$45,562$86,114
Hourly rate$21.90$41.40
Growth rate10%10%
Number of jobs101,031175,031
Job satisfaction5-
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 67%
Average age4343
Years of experience44

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.

What does a finance & sales representative do?

A finance and sales representative is responsible for selling financial services and instruments to clients according to their needs and requirements. Finance and sales representatives identify the clients' long-term financial goals and objectives to provide accurate investment options and plans by considering their risk tolerance and credit performance. They also follow the movement of the stock market and inform the clients of any changes that may affect their portfolio and financial stability. A finance and sales representative must have excellent analytical and communication skills, especially in handling client accounts and developing financial strategies for their best interests.

Finance sales consultant vs finance & sales representative salary

Finance sales consultants and finance & sales representatives have different pay scales, as shown below.

Finance Sales ConsultantFinance & Sales Representative
Average salary$45,562$86,114
Salary rangeBetween $34,000 And $59,000Between $62,000 And $119,000
Highest paying City--
Highest paying state--
Best paying company--
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Differences between finance sales consultant and finance & sales representative education

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

Finance Sales ConsultantFinance & Sales Representative
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance sales consultant vs finance & sales representative demographics

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

Finance Sales ConsultantFinance & Sales Representative
Average age4343
Gender ratioMale, 62.5% Female, 37.5%Male, 57.3% Female, 42.7%
Race ratioBlack 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%Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 9.9% White, 68.1% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between finance sales consultant and finance & sales representative duties and responsibilities

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.

Finance & sales representative example responsibilities.

  • Manage customer portfolios, service relationships, and used profiling analysis tools to identify cross-selling opportunities.
  • Perform advance math functions with capability to analyze credit and financial information.
  • Used profiling analysis tools to identify cross-sell opportunities and ultimately increase the product-per-customer ratio.
  • Perform monthly client-profitability analysis using branch profit and loss metrics in order to maximize current client profitability and cross-sell opportunities.
  • Provide notary services of documents for customers and partners.
  • Take lending applications, open new accounts, notary services.
  • Show more

Finance sales consultant vs finance & sales representative skills

Common finance sales consultant skills
  • Customer Satisfaction, 19%
  • Sales Process, 18%
  • Financial Services, 17%
  • Customer Service, 9%
  • Loan Applications, 6%
  • Workplace, 2%
Common finance & sales representative skills
  • Financial Products, 11%
  • Work Ethic, 8%
  • Customer Service, 8%
  • Loan Applications, 7%
  • Product Knowledge, 6%
  • FSR, 6%