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The differences between finance & sales representatives and bank representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $34,417 average annual salary of a bank representative.
The top three skills for a finance & sales representative include financial products, work ethic and customer service. The most important skills for a bank representative are bank products, customer service, and bank policies.
| Finance & Sales Representative | Bank Representative | |
| Yearly salary | $86,114 | $34,417 |
| Hourly rate | $41.40 | $16.55 |
| Growth rate | 10% | -12% |
| Number of jobs | 175,031 | 105,192 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 53% |
| Average age | 43 | 39 |
| Years of experience | 4 | - |
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.
A bank representative works to assist clients, aiming to provide optimal banking services and build positive client relationships. Their duties include greeting and identifying the clients' needs, answering inquiries, giving clear instructions, and discussing banking terms. They also process client requests such as withdrawals, deposits, payments, and even handling applications. Moreover, a bank representative may also conduct market research and analyses, generate leads, and reach out to potential clients through calls and correspondence to offer products and services.
Finance & sales representatives and bank representatives have different pay scales, as shown below.
| Finance & Sales Representative | Bank Representative | |
| Average salary | $86,114 | $34,417 |
| Salary range | Between $62,000 And $119,000 | Between $28,000 And $41,000 |
| Highest paying City | - | Albany, NY |
| Highest paying state | - | New York |
| Best paying company | - | Advancial Federal Credit Union |
| Best paying industry | - | Finance |
There are a few differences between a finance & sales representative and a bank representative in terms of educational background:
| Finance & Sales Representative | Bank Representative | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between finance & sales representatives' and bank representatives' demographics:
| Finance & Sales Representative | Bank Representative | |
| Average age | 43 | 39 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 34.1% Female, 65.9% |
| Race ratio | 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% | Black or African American, 9.2% Unknown, 3.4% Hispanic or Latino, 22.4% Asian, 7.3% White, 57.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 6% | 7% |