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What is a new accounts representative and how to become one
New accounts representatives keep banks running. They make sure new clients find that opening an account with their bank is as convenient and pleasant an experience as possible. New accounts representatives prepare the paperwork, explain the requirements, and set up everything else for this client. Afterward, they are responsible for maintaining a positive relationship with the already established client.
Because they are often the first person the client interacts with, new accounts representatives must make a good impression. They have to provide the best customer service that they can, being accomodating, courteous, and professional towards the new potential customer. They also have to be knowledgeable about the bank products to inform the customer and instill trust and confidence in the bank.
New accounts representatives in the US make a yearly salary of $32,000 on average. However, they can easily earn double that amount with two or more years of experience under their belt and on their resume.
What general advice would you give to a new accounts representative?
Director Dave Payne M.S.
Associate Professor of Practice / Sales, University of Akron
Avg. Salary $36,918
Avg. Salary $59,228
Growth rate -3%
Growth rate 0.3%
American Indian and Alaska Native 0.84%
Asian 9.10%
Black or African American 9.53%
Hispanic or Latino 21.99%
Unknown 2.86%
White 55.68%
Genderfemale 73.41%
male 26.59%
Age - 39American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 39Stress level is high
7.1 - high
Complexity level is challenging
7 - challenging
Work life balance is excellent
6.4 - fair
New accounts representative career paths
Key steps to become a new accounts representative
Explore new accounts representative education requirements
Start to develop specific new accounts representative skills
Skills Percentages Customer Service 15.07% Bank Products 7.92% Cross-Sell 6.39% Financial Services 6.08% Credit Card 5.40% Complete relevant new accounts representative training and internships
Accountants spend an average of Less than 1 month on post-employment, on-the-job training. New new accounts representatives learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a new accounts representative based on U.S. Bureau of Labor Statistics data and data from real new accounts representative resumes.Research new accounts representative duties and responsibilities
- Gain excellent customer service skills and achieve award for completing voluntary MSR exams.1
- Report tax information to the IRS.
- Complete require BSA & OFAC training annually.
- Identify potential high risks clients and investigate OFAC status.
Prepare your new accounts representative resume
When your background is strong enough, you can start writing your new accounts representative resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a new accounts representative resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose from 10+ customizable new accounts representative resume templates
Build a professional new accounts representative resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your new accounts representative resume.
Apply for new accounts representative jobs
Now it's time to start searching for a new accounts representative job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first new accounts representative job
Are you a new accounts representative?
Share your story for a free salary report.
Average new accounts representative salary
The average new accounts representative salary in the United States is $36,918 per year or $18 per hour. New accounts representative salaries range between $28,000 and $47,000 per year.
What am I worth?
How do new accounts representatives rate their job?
New accounts representative reviews
Marketing products from a traceable companies to consumers and providing a good service to the clients .
Serving people to meet their financial needs and planning Fininancial analysis of their funds with best utility Feeling motivated while meeting people from different demographic backgrounds
Don't like people with bad credit history
I like building relations with other companies, keeping customers satisfied and growing in all areas,
Updated January 8, 2025
