Financial service representatives are hired to provide consulting services by banks and insurance companies to sell financial products and services to clients.

Financial Services Representatives Job Description

The financial institutions hire financial service representatives so that they can promote several financial services to the clients. They are responsible to manage the meetings with clients and aware of the different financial strategies and plans. A candidate should be able to behave professionally while advising the clients to influence them for cross-selling products and services. It is important to make contact with the clients to know whether they are satisfied with the provided products and services. Candidates should be active to attend various training programs.

Roles and responsibilities

• The Financial Services Representative is responsible to schedule meetings with clients and discussing their financial needs.
• Investigate and collect all the informational data of the clients.
• Advising clients about investment in financial services.
• Inform the clients about the procedure for applying for mortgages and loans.
• Responsible to stay updated with the changes made in the policy and procedure of the company related to the financial products.
• Suggest the solutions for the improvement of the client’s financial status.
• Make calls and inform the clients about the offers on various financial products and services.
• Monitor the situation of the market and determine how changes can impact the client’s an investment and tax.
• Responsible to work according to the laws, rules, and regulations.
• Responsible to work and co-operate with the other staff members of the department.

Financial Services Representative’s key skills required

• In-depth knowledge of financial legislation, rules, regulations, and other legal policies.
• Proficiency in working on the computer and other related software.
• Excellent, mathematical, organizational, analytical, and problem-solving skills.
• Good communication and interpersonal skills.
• Good skills in customer service.

 Education, training, and Certifications

• Bachelor’s Degree in Accounting, Finance, Economics, and another related field with a recognized university.
• Appropriate state licensure is needed.
• Working experience or training as a Financial Service Representative.