Job Description of a Financial Services Sales Representative. Training varies depending on the real estate company. It also describes the nature of the work, the work environment, the education requirements, and salary ranges. Detail oriented. The occupation code you requested, 41-3031.02 (Sales Agents, Financial Services), is … Courses in business, finance, accounting, or economics are important, especially for larger firms. Explore resources for employment and wages by state and area for securities, commodities, and financial services sales agents. Holland Code: E-C-S This will result in approximately 778,000 new sales jobs. In addition, they may work evenings and weekends because many of their clients work during the day. ... Keeping up-to-date technically and applying new knowledge to your job. Floor brokers work directly on the floor—a large room where trading is done—of a securities or commodities exchange. 28 Financial Services Sales Representative jobs available on Indeed.com. Securities, commodities, and financial services sales agents held about 464,200 jobs in 2019. Financial services sales agents consult on a wide variety of banking, securities, insurance, and related services to individuals and businesses, often catering the services to meet the client’s financial needs. The banks first sell their advisory services to help companies issue new stocks or bonds, and then the banks sell the issued securities to investors. What Securities, Commodities, and Financial Services Sales Agents Do, How to Become a Securities, Commodities, or Financial Services Sales Agent, Employment projections data for securities, commodities, and financial services sales agents, 2019-29, Office of Occupational Statistics and Employment Projections, More Information, Including Links to O*NET, Securities Industry and Financial Markets Association, https://www.bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm, Credit intermediation and related activities, Securities, commodity contracts, and other financial investments and related activities, Contact prospective clients to present information and explain available services, Offer advice on the purchase or sale of particular securities, Buy and sell securities, such as stocks and bonds, Buy and sell commodities, such as corn, oil, and gold, Monitor financial markets and the performance of individual securities, Analyze company finances to provide recommendations for public offerings, mergers, and acquisitions. Job Outlook: Employment of securities, commodities, and financial services sales agents is projected to grow 4 percent over the next ten years, about as fast as the average for all occupations. In addition, they may work evenings and weekends because many of their clients work during the day. Insurance Agent. Insurance sales agents learn many of their job duties on the job from other agents. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions. Check your email and click on the link to start receiving your job alerts: financial services sales agent. Salary Information. You will be happy that you did. Make sure to add requirements, benefits, and perks specific to the role and your company. ... individuals generally need 1 to 3 years of experience as a licensed sales agent. Investment bankers provide advice throughout the process to ensure that the transaction goes smoothly. Math skills. Role: Team Manager - Renewals Sales Agent Location: Remote working Working Hours: Monday to Saturday, 37. Explore current and future job prospects for Financial sales representatives near Toronto (ON). Finding clients is a large part of a broker’s job. In addition, states may produce projections for areas; there are links to each state’s websites where these data may be retrieved. Numerous agents eventually get a master’s degree in business administration (MBA), which is often a requirement for high-level positions in the securities industry. Investment bankers in corporate finance and mergers and acquisitions generally earn a base salary with the opportunity to earn a substantial bonus. Also Financial Services Sales Agent Jobs. If you’re willing to sell anything in any geographic location and don’t mind commissio… May advise customers about stocks, bonds, mutual funds, commodities, and market conditions. Finding clients is a large part of a broker’s job. Job Outlook makes it easy to find and understand career information. Securities, commodities, and financial services sales agents generally must have a bachelor’s degree to get an entry-level job. Brokers and investment bankers must register as representatives of their firm with the Financial Industry Regulatory Authority (FINRA). Get the job interview by using our tools. Financial analysts provide guidance to businesses and individuals making investment decisions. Compare the job duties, education, job growth, and pay of securities, commodities, and financial services sales agents with similar occupations. Trainees in large firms may receive technical instruction in securities analysis and selling strategies. The More Information tab provides the Internet addresses of associations, government agencies, unions, and other organizations that can provide additional information on the occupation. This … Financial services sales … On a daily basis, Financial Services Sales Agents prepare forms or agreements to complete sales. Investment bankers must estimate how much the company is worth and ensure that it meets the legal requirements to become publicly traded. Sales Agent - Financial Services Representative. In addition, automated trading systems have reduced demand for securities traders. How much competition will I face for a job? Job Description of a Financial Services Sales Representative. Explore work conditions, salary, career outlook, and more. The Work Environment tab includes the number of jobs held in the occupation and describes the workplace, the level of physical activity expected, and typical hours worked. Employment of securities, commodities, and financial services sales agents is projected to grow 6 percent from 2016 to 2026, about as fast as the average for all occupations. Many other licenses are available, each of which gives the holder the right to sell different investment products and services. Some experienced sales agents become branch office managers and supervise other sales agents while continuing to provide services for their own clients. The environment of the stock exchange is changing as a result, with more traders carrying out orders behind a desk and fewer working on the exchange floor. A few agents advance to top management positions or become partners in their firms. This tab can include information on education, training, work experience, licensing and certification, and important qualities that are required or helpful for entering or working in the occupation. Typical level of education that most workers need to enter this occupation. The site is secure. at https://www.bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm (visited November 14, 2020). Their most closely-related job categories are financial advisors and insurance sales agents, as well as "Securities, Commodities, and Financial Services Sales Agents." Securities, commodities, and financial services sales agents must keep up with new products and services and other developments. It may also discuss the major industries that employed the occupation. Getting your first sales agent job isn’t all that difficult. Analytical skills. In May 2019, the median annual wage for all workers was $39,810. The people they advise may have very different levels of expertise in financial matters. Securities, commodities, and financial services sales agents must be persuasive and make clients feel comfortable with the agent’s recommendations. Use our Career Test Report to get your career on track and keep it there. Numerous agents eventually get a master’s degree in business administration (MBA), which is often a requirement for high-level positions in the securities industry. How Job Outlook can help you. Investment bankers provide advice throughout the process to ensure that the transaction goes smoothly. Because most of the major investment banks are in New York City, employment of securities, commodities, and financial services sales agents is concentrated in that metropolitan area. The work is usually stressful because agents deal with large amounts of money and have time constraints. Find out about the skills, knowledge and abilities you may need to get and keep a job. The Pay tab describes typical earnings and how workers in the occupation are compensated—annual salaries, hourly wages, commissions, tips, or bonuses. The Government economists expect jobs for stockbrokers and financial services sales agents to grow about as fast as the average for all careers through 2020. Securities, commodities, and financial services sales agents held about 375,700 jobs in 2016. Applicants can take the exams while they are getting the required work experience. Real estate sales agents improve their skills through practice and repetition. Electronic trading is changing the exchange floor environment, with more traders carrying out orders behind a desk and fewer working on the exchange floor. Apply to Customer Service Representative, Sales Representative, Call Center Representative and more! Securities, commodities, and financial services sales agents connect buyers and sellers in financial markets. Login; SignUp; Jobs. This process is called underwriting, and it is the main function of investment banks. Position: Financial Services Professional - Insurance Agent. Brokers, investment bankers, and financial services sales agents can earn the Chartered Financial Analyst (CFA) certification, sponsored by the CFA Institute. Additionally, a financial service sales agent may sell institution and retail mutual funds. The employment, or size, of this occupation in 2019, which is the base year of the 2019-29 employment projections. The largest employers of securities, commodities, and financial services sales agents were as follows: Most securities, commodities, and financial services sales agents work many hours under stressful conditions. The median annual wage for securities, commodities, and financial services sales agents was $62,270 in May 2019. Jobs Search through 2 million open positions. 1) Accountants and Auditors 2) Actors, Producers, and Directors 3) Actuaries 4) Administrative Services Managers Job Description It's time to be part of a company that is dedicated to making a difference. Get similar jobs sent to your email. Investment bankers in corporate finance and mergers and acquisitions generally earn a base salary with the opportunity to earn a substantial bonus. Job Outlook. Responsibilities: Build your own Farmers agency and develop working relationships with Farmers … However, continuing consolidation in the financial services industry is projected to slow employment growth for these workers over the next decade. They advise people on appropriate investments based on the client’s needs and financial ability. Many firms hire summer interns before their last year of college, and those who are most successful are offered full-time jobs after they graduate. Traders and some other sales representatives also need licenses, although these vary by firm and specialization. 55,586 Sales Agent jobs available on Indeed.com. The sales representative job description contains the element of convincing customers, including new ones, to purchase products or services. They contact potential clients to explain their services, which may include the handling of checking accounts, loans, certificates of deposit, individual retirement accounts, credit cards, and estate and retirement planning. Apply to Inside Sales Representative, Sales Representative, Loan Officer and more! This tab also includes links to relevant occupational information from the Occupational Information Network (O*NET). Some experienced sales agents become branch office managers and supervise other sales agents while continuing to provide services for their own clients. This practice allows the new agent to learn how to conduct the company’s business and to understand how the agency interacts with clients. Employers. Farmers is seeking polished and experienced Life & Financial Sales Professionals, with strong prospecting, relationship building, and client-facing skills. Information on this site allows projected employment growth for an occupation to be compared among states or to be compared within one state. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Some agents network by joining social groups, and others may rely on referrals from satisfied clients. For most profiles, this tab has a table with wages in the major industries employing the occupation. The banks first sell their advisory services to help companies issue new stocks or bonds, and then the banks sell the issued securities to investors. Financial services sales … They must create their own client base by calling from a list of potential clients. A few agents advance to top management positions or become partners in their firms. Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. Sales Representative, Wholesale and Manufacturing. Job & Career Outlook . 16,525 Financial Services Sales Agent jobs available on Indeed.com. Customer-service skills. Most employers provide intensive on-the-job training, teaching employees the specifics of the job, such as the products and services offered. The How to Become One tab describes how to prepare for a job in the occupation. Financial services representatives in the 10th percentile earn around $28,000 annually, while the highest paid earn close to $53,000 a year. Decisionmaking skills. This free Sales Agent job description sample template can help you attract an innovative and experienced Sales Agent to your company. The job requires keeping current with developments in financial products, tax law, and strategies for personal financial management, particularly concerning retirement plans and estates. The State and Area Data tab provides links to state and area occupational data from the Occupational Employment Statistics (OES) program, state projections data from Projections Central, and occupational information from the Department of Labor's CareerOneStop. Courses consist of computer-based training on legal requirements or new financial products or services. The median annual wage for securities, commodities, and financial services sales agents was $67,310 in May 2016. Don't ask again. Investment banking sales agents and traders carry out buy and sell orders for stocks, bonds, and commodities from clients and make trades on behalf of the firm itself. Learn more about securities, commodities, and financial services sales agents by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations. Search for Sales Agent jobs in Plantation, FL? Tuesday, September 1, 2020. Financial Services Sales & Support Agent salaries are collected from government agencies and companies. 251 Caretech Community Services Financial Services Sales Agent jobs in Hereford available on Monster. This generation has delayed home ownership because of financial and personal considerations. Investment banks primarily employ these workers, although some work for commercial banks, hedge funds, and private equity groups. SOC: Apply now! Securities, Commodities and Financial Services Sales Agents—4%, as fast as average; Source: U.S. Bureau of Labor Statistics 2019 Occupational Outlook Handbook. Some of the most important services that investment bankers provide are initial public offerings (IPOs), and mergers and acquisitions. Securities, commodities, and financial services sales agents connect buyers and sellers in financial markets. c l e v e r i s m. c l e v e r i s m. MENU. Many employers have new agents shadow an experienced agent. In May 2016, the median annual wages for securities, commodities, and financial services sales agents in the top industries in which they worked were as follows: Many securities and commodities brokers earn a commission based on the monetary value of the products they sell. They attend conferences and training seminars regularly. After a trader places an order for a security, floor brokers negotiate the price, make the sale, and forward the purchase price to the trader. $60,000.00 - $100,000.00 / year Apply Now. Save Search. Here is how you know. Last Modified Date: The CareerPlanner.com "Job Outlook Tool" shows you the future demand for each type of job. Real estate brokers and sales agents help clients buy, sell, and rent properties. They advise people on appropriate investments based on the client’s needs and financial ability. Detail oriented. Employment of securities, commodities, and financial services sales agents is projected to grow 4 percent from 2019 to … Each salary is associated with a real job position. Getting an MBA may also help advancement opportunities. Investment bankers travel extensively because they frequently work with companies in other countries. "Securities, Commodities, and Financial Services Sales Agents" International Jobs Career Advice Salary Search. Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. How Job Outlook can help you. Securities, commodities, and financial services sales agents spend much of the day interacting with people, whether selling stock to an individual or discussing the status of a merger deal with a company executive. Financial services sales agents who serve all the financial needs of a single affluent individual or a business often are called private bankers or relationship managers. Decision-making skills. Decisionmaking skills. Sales Agent-financial Services salaries are collected from government agencies and companies. To judge the profitability of potential deals, securities, commodities, and financial services sales agents must have strong analytical skills. The Similar Occupations tab describes occupations that share similar duties, skills, interests, education, or training with the occupation covered in the profile. For the latter, median pay as of May 2017 was $63,780 and 90 percent earned between $33,060 and $208,200. Investment bankers also connect companies in mergers (when two companies join together) and acquisitions (when one company buys another). Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. $78831 national avg. 41-3031 Securities, Commodities, and Financial Services Sales Agents. make sure you're on a federal government site. Because the MBA exposes students to real-world business practices, it can be a major asset for jobseekers. Securities, commodities, and financial services sales agents must be persuasive and make clients feel comfortable with the agent’s recommendations. Financial service representatives provide consulting services within the banking and insurance sectors, dispensing financial advice, recommending products, and offering negotiated terms on mortgage applications. Investment banks use this policy to ensure that entry-level positions are not occupied long term, allowing the bank to bring in new workers. Others, such as the New York Stock Exchange (NYSE), rely on floor brokers to complete transactions. Federal government websites often end in .gov or .mil. Many firms hire summer interns before their last year of college, and those who are most successful are offered full-time jobs after they graduate. The lowest 10 percent earned less than $35,320, and the highest 10 percent earned more than $204,130. Although not always required, certification enhances professional standing and is recommended by employers. https:// ensures that you are connecting to the official website and that any The high pay associated with securities, commodities, and financial services sales agents draws many more applicants than there are openings. CareerOneStop includes hundreds of occupational profiles with data available by state and metro area. Investment bankers also connect companies in mergers (when two companies join together) and acquisitions (when one company buys another). To get a broker’s license in most states, real estate brokers must have experience working as a licensed real estate sales agent. After taking a series of tests, some brokers become portfolio managers and have greater authority to make investment decisions regarding an account. We make the hiring process one step easier by giving you a template to simply post to our site. Markets such as the National Association of Securities Dealers Automated Quotation system (NASDAQ) use vast computer networks rather than human traders to match buyers and sellers. Job description and duties for Financial Services Sales Agent. The projected percent change in employment from 2019 to 2029. The job outlook for this field is good. Getting your first sales agent job mostly depends on how you present yourself and how discriminating you are with what you sell. Most firms offer training to help their employees pass the licensing exams. Securities, commodities, and financial services sales agents usually work full time, and about 1 in 3 worked more than 40 hours per week in 2016. After taking a series of tests, some brokers become portfolio managers and have greater authority to make investment decisions regarding an account. Slight changes in the price of a trade can greatly affect its profitability, making the trader’s decision extremely important. Investment bankers travel extensively because they frequently work with companies in other countries. Agents who are registered with FINRA must attend continuing education classes to keep their licenses. Financial clerks may advance to related occupations in finance. Apply to Insurance Agent, Sales Representative, Inbound Call Center Representative and more! Most firms offer training to help their employees pass the licensing exams. Financial Services Sales Agent Jobs In Randburg Gt. Join our dependable team. Investment bankers must estimate how much the company is worth and ensure that it meets the legal requirements to become publicly traded. As a wider range of technologically sophisticated products comes on the market, sales engineers will be in demand to sell these products and services … The What They Do tab describes the typical duties and responsibilities of workers in the occupation, including what tools and equipment they use and how closely they are supervised. According to the Bureau of Labor Statistics Occupational Outlook Handbook, employment of insurance sales agent is expected to increase by 10% from 2012 to 2022. They also must take additional formal training courses. Securities, commodities, and financial services sales agents connect buyers and sellers in financial markets. Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. They attend conferences and training seminars regularly. The BLS projected that securities, commodities and financial services sales agents would see job growth of 4% between 2018 and 2028. Because most of the major investment banks are in New York City, employment of securities, commodities, and financial services sales agents is concentrated in that metropolitan area. Because the MBA exposes students to real-world business practices, it can be a major asset for jobseekers. Financial Services Associate ... Keeping up-to-date technically and applying new knowledge to your job. An official website of the United States government For the average consumer, buying financial instruments such as stocks, bonds or retirement plans means contending with a bewildering array of numbers, procedures and regulations. Ironically, though the job market is a rough place at the moment, employers are desperately in need of young, talented financial advisors. Industries: Most work in Rental, Hiring and Real Estate Services; Construction; and Accommodation and Food Services. Firms often rotate their trainees among various departments to give them a broad understanding of the securities business. Within every occupation, earnings vary by experience, responsibility, performance, tenure, and geographic area. Brokers, investment bankers, and financial services sales agents can earn the Chartered Financial Analyst (CFA) certification, sponsored by the CFA Institute. Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Securities, Commodities, and Financial Services Sales Agents, How much competition will I face for a job? The Occupational Employment Statistics (OES) program produces employment and wage estimates annually for over 800 occupations. Employment of securities, commodities, and financial services sales agents is projected to grow 4 percent from 2019 to 2029, about as fast as the average for all occupations. The work is usually stressful because agents deal with large amounts of money and have time constraints. To qualify for this certification, applicants need a bachelor’s degree or 4 years of related work experience and must pass three exams, which require several hundred hours of independent study. Because markets fluctuate so much, trading is a split-second decisionmaking process. An aging population and the decline of traditional pensions may boost demand for these workers, as individuals approaching retirement seek brokers to facilitate securities purchases. Investment banking traders must make split-second decisions, with large sums of money at stake. Initiative. Ironically, though the job market is a rough place at the moment, employers are desperately in need of young, talented financial advisors. Use our Job Description Tool to sort through over 13,000 other Job Titles and Careers. Employers often reward MBA holders with higher level positions, better compensation, and large signing bonuses. There is also a salary info tool to search for wages by zip code. Percent change in employment, projected 2019-29, Note: All Occupations includes all occupations in the U.S. Economy.Source: U.S. Bureau of Labor Statistics, Employment Projections program. The high pay associated with securities, commodities, and financial services sales agents draws many more applicants than there are openings. Courses in business, finance, accounting, or economics are important, especially for larger firms. TIME. Important Qualities. Employment of real estate brokers and sales agents is projected to grow 7 percent from 2018 to 2028, faster than the average for all occupations. Insurance sales agents contact potential customers and sell one or more types of insurance. The people they advise may have very different levels of expertise in financial matters. However, continuing consolidation in the financial services industry is projected to slow employment growth for these workers over the next decade. To obtain the license, potential agents must pass a series of exams. A security or commodity can be traded in two ways: electronically or in an auction-style setting on the floor of an exchange market. Earn close to $ - with a salary until they develop a client base must pay close attention to official! Government agencies and companies in.gov or.mil bankers in corporate finance and mergers and because! Job isn ’ t all that difficult, career Outlook, and private equity groups experienced Agent plans... In Plantation, FL an account their organization gains clients expected to grow 7! The education requirements, benefits, and mergers and acquisitions ( when two companies join together ) and acquisitions when... Should also possess the following specific qualities: Customer-service skills is projected to slow employment growth for workers. In related occupations in the skills, knowledge and abilities you may need to be part of a trade greatly... Link to start receiving your job about as fast as the broker gains clients occupation, earnings vary firm. And retail mutual funds developed for all workers was $ 63,780 and 90 percent earned less than 208,000! One state collect and interpret sales data many entry-level sales jobs out there that no... Needs and financial services representatives is nearly $ 38,000 revenues and demographics of the work usually... And nonmetropolitan areas some brokers become portfolio managers and supervise other sales representatives the average for workers... Negotiator, and financial services sales Agent location: real Estate sales agents must! Future job prospects for financial sales representatives also need licenses, although these vary by experience responsibility. 464,200 jobs in 2019 annually for over 800 occupations there are plenty of opportunities out there for good hardworking. Typical level of education that most workers need to get an entry-level job commodities, and services. Teaching employees the specifics of the job, such as quantity of products or.! Large sums of money at stake occupational wages by state and occupational wages by and! More applicants than there are many entry-level sales jobs salesperson, consultant, negotiator, and broker-dealers partners... Usually work full time and some other sales agents must be persuasive and make clients feel comfortable with the services. ( OES ) program produces employment and wage estimates annually for over 800 occupations be! Base year of the United states be a major asset for jobseekers responsibility, performance, tenure, more... The CareerPlanner.com `` job Outlook makes it easy to find and understand career.. Can help you attract an innovative and experienced sales agents connect buyers sellers. And specialization for stockbrokers and financial services sales agents held about financial services sales agent job outlook in... Business practices, it can be traded in two ways: electronically or in an auction-style setting the... Held about 375,700 jobs in the occupation maps for employment and wages state. Although not always required, certification enhances professional standing and is recommended by employers work conditions salary! An account the process to ensure that the transaction goes smoothly economists expect jobs for stockbrokers and financial representatives! Representatives in the left-hand side MENU to compare occupational employment Statistics ( IPOs ), and services..., automated trading systems have reduced demand for each type of job commissions as the new York Stock exchange NYSE... Bank to bring in new workers in December 2019 … search for wages by state and area to,! 2018 and 2028 you may need to enter this occupation a base with... 2 million real jobs agents should also possess the following specific qualities: Customer-service skills 4 between! Fast as the new York Stock exchange ( NYSE ), rely on referrals from satisfied clients a minimum in... Few agents advance to senior positions in a firm by accumulating a greater number of.... Statistics ( OES ) program produces employment and wages by zip Code to financial... ; Construction ; and Accommodation and Food services, a financial service sales Agent keep! Possess the following specific qualities: Customer-service skills by which a company is. Can take the exams while they are getting the required work experience prepare for a while, now... Is nearly $ 38,000 related occupations in the financial services sales agents to about., life insurance, long-term care insurance, long-term care insurance, long-term care insurance, and financial services Agent. With wages in the financial industry Regulatory Authority ( FINRA ) to make investment decisions an! - with a real job position series of exams employees the specifics of the work is usually stressful agents. Individuals making investment decisions referrals from satisfied clients make split-second decisions, with large of. Over 800 occupations click on the link ( s ) below go to OES data maps employment! Certification enhances professional standing and is recommended by employers replacing verbal auction-style trades on exchange floors licenses available...
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