Financial representatives usually work in banks or building societies. One of their main purposes is to provide financial advice to people that want to invest, people in debt or people simply needing financial advice. They might also sell bank products and services.
Who can I work for?
You could work for banks, building societies or credit unions.
Where and when can I work?
You will be based within the bank or building society and primarily work Monday to Friday 9am to 5.30pm. Depending on the size of the bank, you may be required to work evenings or weekends in line with the establishments opening hours.
What can I earn?
The average salary for a financial representative is £30,000.
What are the benefits?
You could make a positive impact on someone's financial affairs and advise them on the best way for them to spend and save their money.
Are there chances of promotion?
You could go on to specialise in a particular area of finance or progress to become an independent financial advisor, working on a consultancy basis.
What will I be responsible for?
You will be responsible for providing financial advice to people with financial problems or who require particular financial services; offering and selling bank products and services to clients either face to face or over the phone; and in some cases supervising other bank staff and their activities.
Do I need any experience?
You should have a relevant qualification in financial planning or financial services. Many financial representatives in banks started out as cashiers and have undertaken specific training, both on-the-job and via home study, in order to work as a financial representative.
What attributes are needed?
You should be friendly, approachable and professional and capable of communicating complicated information in a simple and succinct way. Customer service skills are essential as is a methodical approach and keen eye for detail.