The average salary for an Early-Career Financial Services Representative in Canada is C$39,873.
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C$35k - C$44k
C$927 - C$4k
C$252 - C$3k
C$0 - C$2k
C$35k - C$46k
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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 Canadian Imperial Bank of Commerce (CIBC) where the average pay is C$40,509. Other companies that offer high salaries for this role include Toronto Dominion Canada Trust, earning around C$39,943. TD Canada pays the lowest at around C$38,953. TD Canadatrust also pays on the lower end of the scale, paying C$39,192.
Explore the most common career paths for Financial Services Representative. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
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, Customer Relationship Management (CRM) and Investment Planning are correlated to pay that is above average. Skills that pay less than market rate include 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 29 salaries. A mid-career Financial Services Representative with 5-9 years of experience earns an average total compensation of C$41,682 based on 41 salaries. An experienced Financial Services Representative with 10-19 years of experience earns an average total compensation of C$46,183 based on 22 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 Calgary, Alberta earn an average of 3.8% more than the national average. These job titles also find higher than average salaries in Edmonton, Alberta (3.6% more) and Toronto, Ontario (1.0% more). The lowest salaries can be found in Vancouver, British Columbia (10.7% less), Windsor, Ontario (5.4% less) and Winnipeg, Manitoba (0.8% less).
Years of Experience
This data is based on 102 survey responses.
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