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Trading assistant vs sales consultant

The differences between trading assistants and sales consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a trading assistant, becoming a sales consultant takes usually requires 2-4 years. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $60,135 average annual salary of a sales consultant.

The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for a sales consultant are sales process, product knowledge, and POS.

Trading assistant vs sales consultant overview

Trading AssistantSales Consultant
Yearly salary$101,645$60,135
Hourly rate$48.87$28.91
Growth rate-8%4%
Number of jobs26,872227,636
Job satisfaction-4.5
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 56%
Average age5047
Years of experience24

What does a trading assistant do?

A trading assistant is primarily in charge of performing support tasks for traders and participate in securing sales for a company. Their responsibilities typically revolve around liaising with clients through calls and correspondence to offer products and services, discussing specifications, negotiating billing plans, and processing payments. They must also assist traders by performing market research and analysis, preparing and processing documentation, arranging meetings and appointments, running errands, and resolving issues and concerns in adherence to the company's policies and regulations.

What does a sales consultant do?

Sales consultants are employees who work in the sales department of a company. They are usually more skilled than usual sales employees. As such, they are usually given more complicated products or services to sell because they will be able to explain the product or service to the customers better. Sales consultants have in-depth knowledge of the offerings of the company. They talk to customers, understand what the customers need, and match the customers' needs with company products that can address the needs. They should also be updated on trends in the market and what is currently popular with the masses.

Trading assistant vs sales consultant salary

Trading assistants and sales consultants have different pay scales, as shown below.

Trading AssistantSales Consultant
Average salary$101,645$60,135
Salary rangeBetween $58,000 And $176,000Between $37,000 And $97,000
Highest paying CityHartford, CTSan Francisco, CA
Highest paying stateConnecticutCalifornia
Best paying companyOak Hill AdvisorsGoogle
Best paying industryFinanceFinance

Differences between trading assistant and sales consultant education

There are a few differences between a trading assistant and a sales consultant in terms of educational background:

Trading AssistantSales Consultant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaSUNY College of Technology at Alfred

Trading assistant vs sales consultant demographics

Here are the differences between trading assistants' and sales consultants' demographics:

Trading AssistantSales Consultant
Average age5047
Gender ratioMale, 58.6% Female, 41.4%Male, 63.2% Female, 36.8%
Race ratioBlack or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7%Black or African American, 3.8% Unknown, 3.7% Hispanic or Latino, 14.2% Asian, 5.1% White, 72.8% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between trading assistant and sales consultant duties and responsibilities

Trading assistant example responsibilities.

  • Manage the cross-book with various brokers, trying to get the best rates for ADR trades.
  • Ensure accurate communication between traders and stock markets and manage all derivative portfolios for internationally known trading corporation.
  • Maintain the day-to-day operations of multiple internal trade capture applications, including creating new securities and managing the various classifications.
  • Ensure reporting accuracy by preparing daily profit/loss spreadsheet for entire manage portfolio, including accrual of market positions initiate and liquidate.
  • Cash management and various reconciliations of the hedge fund's feeder and master funds.
  • Calculate daily P/L for hedge fund consisting of futures, equities, and foreign currencies.
  • Show more

Sales consultant example responsibilities.

  • Achieve monthly sales goals through new business and upselling current clients.
  • Utilize CRM systems to effectively manage accounts; leverage competitor and market intelligence to drive offer posture and capture competitor accounts.
  • Create print ads design and create ad word campaign for SEO and SEM products.
  • Deliver effective sales presentations to individuals and groups while cross-selling additional vehicle products and services.
  • Handle incoming calls from Medicare recipients.
  • Hire and train employees teach effective upselling strategies.
  • Show more

Trading assistant vs sales consultant skills

Common trading assistant skills
  • Trade Shows, 12%
  • P/L, 7%
  • Securities, 7%
  • Portfolio, 6%
  • Bloomberg, 6%
  • Fixed Income, 5%
Common sales consultant skills
  • Sales Process, 13%
  • Product Knowledge, 11%
  • POS, 11%
  • Pre Sales, 7%
  • Work Ethic, 5%
  • Cross-Selling, 5%

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