Select banker vs finance service sales agent

The differences between select bankers and finance service sales agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a select banker and a finance service sales agent. Additionally, a finance service sales agent has an average salary of $117,461, which is higher than the $33,999 average annual salary of a select banker.

The top three skills for a select banker include customer relationships, cross-sell and client satisfaction. The most important skills for a finance service sales agent are customer service, mutual funds, and health insurance.

Select banker vs finance service sales agent overview

	Select Banker	Finance Service Sales Agent
Yearly salary	$33,999	$117,461
Hourly rate	$16.35	$56.47
Growth rate	10%	10%
Number of jobs	19,264	186,640
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 61%
Average age	43	43
Years of experience	4	4

Select banker vs finance service sales agent salary

Select bankers and finance service sales agents have different pay scales, as shown below.

	Select Banker	Finance Service Sales Agent
Average salary	$33,999	$117,461
Salary range	Between $19,000 And $58,000	Between $60,000 And $226,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Citi
Best paying industry	-	Finance

Differences between select banker and finance service sales agent education

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

	Select Banker	Finance Service Sales Agent
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Select banker vs finance service sales agent demographics

Here are the differences between select bankers' and finance service sales agents' demographics:

	Select Banker	Finance Service Sales Agent
Average age	43	43
Gender ratio	Male, 62.1% Female, 37.9%	Male, 68.0% Female, 32.0%
Race ratio	Black or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.5% Asian, 9.6% White, 67.5% American Indian and Alaska Native, 0.2%	Black or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.5% Asian, 9.0% White, 68.2% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between select banker and finance service sales agent duties and responsibilities

Select banker example responsibilities.

Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
Develop and maintain relationships with partners to maximize sales opportunities while using profiling analysis tools to identify expand opportunities.
Provide notary service upon request.

Finance service sales agent example responsibilities.

Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
Limit underwriting responsibilities, notary.

Select banker vs finance service sales agent skills

Common select banker skills

Customer Relationships, 22%
Cross-Sell, 22%
Client Satisfaction, 16%
Client Issues, 16%
Relationship Management, 10%
Client Relationships, 7%

Common finance service sales agent skills

Customer Service, 31%
Mutual Funds, 15%
Health Insurance, 13%
Complete Sales, 9%
Financial Services, 6%
Term Care, 5%

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Select Banker
Select Banker vs Finance Service Sales Agent

Updated January 8, 2025

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