Job description Personal Financial Services Associate in the Kootenay Region

Find out what work is like for a personal financial services associate in Canada. This work description is applicable to all Financial sales representatives (NOC 63102).

Financial sales representatives

Description

Financial sales representatives sell basic deposit, investment and loan products and services to individuals and businesses. They work in banks, credit unions, trust companies and similar financial institutions.

Work week duration

Financial sales representatives usually work between 35 to 40 hours per week.
Between 35 to 40 hours

Job duties

Here are some of the main activities and tasks that Financial sales representatives have to perform, and some of the physical demands they involve:

  • Open new personal and non-personal accounts, and provide access to automated banking machine, telephone banking and online banking services
  • Interview applicants for personal, mortgage, student and business loans
  • Promote the sale of deposit, investment, credit and loan products and services
  • Assist clients by proposing solutions to address financial objectives such as business expansion, debt management, investment and other financial goals
  • Research and evaluate loan applicant's financial status, references, credit and ability to repay the loan
  • Complete credit and loan documentation
  • Submit credit and loan applications to branch or credit manager with recommendations for approval or rejection; or approve or reject applications within authorized limits ensuring that credit standards of the institution are respected
  • Prepare statements on delinquent accounts and forward irreconcilable accounts for collector action
  • Review and update credit and loan files
  • Act as joint custodian for cash and securities.

Physical demands Help - Physical Demands

  • Sitting

Workplaces and employers

Here are the typical workplaces where Financial sales representatives are employed and some of their main characteristics:

  • Financial institutions
  • Credit unions
  • Banks
  • Trust companies

Work environment Help - Physical Work Environment

  • Indoors, environmentally controlled

Physical proximity from others Help - Physical proximity from others

  • Somewhat close (e.g. share office)

Related job titles

Here are some other related job titles that are found in the same occupational category (NOC 63102), and a list of similar occupations:

  • credit officer
  • financial services officer
  • financial services representative
  • loan officer
  • mortgage officer
  • sales associate - personal banking

Similar occupations Help - Similar occupations

Sources Occupational and Skills Information System & National Occupational Classification

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