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The differences between finance & sales representatives and personal banking representatives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a finance & sales representative, becoming a personal banking representative takes usually requires 6-12 months. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $33,833 average annual salary of a personal banking representative.
The top three skills for a finance & sales representative include financial products, work ethic and customer service. The most important skills for a personal banking representative are bank products, profiling, and customer inquiries.
| Finance & Sales Representative | Personal Banking Representative | |
| Yearly salary | $86,114 | $33,833 |
| Hourly rate | $41.40 | $16.27 |
| Growth rate | 10% | -3% |
| Number of jobs | 175,031 | 41,795 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 62% |
| Average age | 43 | 41 |
| Years of experience | 4 | 12 |
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.
Personal banking representatives typically earn $39K per year. This position requires a high school diploma or GED at a minimum, but employers prefer a bachelor's degree in finance, business, or a related field. They may also ask for experience in customer service, cash-handling, or banking. Personal banking representatives are required to provide bank client support, assist with account management, process checks, and find products and services that will be the best fit for their clients.
Finance & sales representatives and personal banking representatives have different pay scales, as shown below.
| Finance & Sales Representative | Personal Banking Representative | |
| Average salary | $86,114 | $33,833 |
| Salary range | Between $62,000 And $119,000 | Between $26,000 And $42,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a finance & sales representative and a personal banking representative in terms of educational background:
| Finance & Sales Representative | Personal Banking Representative | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between finance & sales representatives' and personal banking representatives' demographics:
| Finance & Sales Representative | Personal Banking Representative | |
| Average age | 43 | 41 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 33.4% Female, 66.6% |
| 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, 9.7% Unknown, 2.9% Hispanic or Latino, 22.5% Asian, 9.2% White, 54.9% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 6% | 11% |