The average salary for a Financial Services Representative in Canada is C$40,112.
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C$35k - C$47k
C$690 - C$5k
C$199 - C$3k
C$0 - C$2k
C$35k - C$49k
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Job Description for Financial Services Representative
A financial services representative works for a bank or other financial establishment to assist customers with a variety of the investments. They may also serve as the point person for handling regular loan applications for home mortgages, which includes providing information to customers on the application process. The financial services representative must be familiar with - and able to speak to customers about - a variety of investment strategies to suit the varying needs of the bank’s custom…Read more
Financial Services Representative Tasks
- Provide financial advice and match financial products with customers' needs and goals.
- Develop long-term rapport with customers and foster profitable relationships.
- Monitor market trends, identify and pursue potential customer leads, and meet sales goals.
- Discuss customers' financial concerns, questions, and needs.
Popular Employer Salaries for Financial Services Representative
The top respondents for the job title Financial Services Representative are from the companies Canadian Imperial Bank of Commerce (CIBC), TD Canadatrust and TD Canada. Reported salaries are highest at CI Investments Inc. where the average pay is C$41,175. Other companies that offer high salaries for this role include Toronto Dominion Canada Trust and Canadian Imperial Bank of Commerce (CIBC), earning around C$40,466 and C$40,433, respectively. TD Financial Group pays the lowest at around C$37,700. Meridian Credit Union and TD Canada also pay on the lower end of the scale, paying C$38,500 and C$39,641, respectively.
Explore the most common career paths for Financial Services Representative. Thickness and color of lines indicates how common a path is.
Financial Services Representative
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Financial Services Representative Job Listings
Popular Skills for Financial Services Representative
Skills in Banking and Consumer Loans are correlated to pay that is above average. Skills that pay less than market rate include Customer Relationship Management (CRM), Customer Service and Sales.
Pay by Experience Level for Financial Services Representative
An entry-level Financial Services Representative with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$39,195 based on 97 salaries. An early career Financial Services Representative with 1-4 years of experience earns an average total compensation of C$39,873 based on 204 salaries. A mid-career Financial Services Representative with 5-9 years of experience earns an average total compensation of C$41,682 based on 51 salaries. An experienced Financial Services Representative with 10-19 years of experience earns an average total compensation of C$46,183 based on 26 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$46,452.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Financial Services Representative in their job title in Edmonton, Alberta earn an average of 4.9% more than the national average. These job titles also find higher than average salaries in Calgary, Alberta (2.0% more) and Toronto, Ontario (1.4% more). The lowest salaries can be found in Vancouver, British Columbia (9.1% less), Montréal, Québec (3.1% less) and Winnipeg, Manitoba (1.4% less).
Years of Experience
This data is based on 388 survey responses.
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