Financial Service Officer Salary
The average pay for a Financial Service Officer is $17.63 per hour.
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$30,430 - $68,261|
|Hourly Rate||$14.25 - $20.39|
|Total Pay (||$30,430 - $68,261|
Job Description for Financial Service Officer
Financial service officers work primarily for banks, credit unions, mutual fund companies, mortgage companies, and other financial institutions to offer and administer loans and variety of financial instruments, such as stocks, bonds, mutual funds, certificates of deposit, and other investments. They may also help customers to open checking/saving accounts and brokerage accounts.Read More...
A bachelor's degree or higher in accounting, finance, marketing, or a related field is generally required for this position, and computer skills and proficiency in finance software and applications and Microsoft Office programs are also necessary. Strong written and verbal communication and customer service skills are also important, and they must always avoid conflicts of interest when dealing with clients.
Financial service officers may be required to pass series 6 and 7 financial exams and maintain a license to offer various insurance products, and they must also understand all relevant ERISA and SEC regulations. Some positions require these officers to keep all licenses up-to-date, and they are encouraged to read professional journals and take ongoing education courses. Some may also be required to train or coach new financial service employees. (Copyright 2017 PayScale.com)
Financial Service Officer Job Listings
Pay by Experience Level for Financial Service Officer
Pay by Experience for a Financial Service Officer has a positive trend. An entry-level Financial Service Officer with less than 5 years of experience can expect to earn an average total compensation of $37,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Service Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $44,000 based on 6 salaries. An experienced Financial Service Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $43,000 based on 7 salaries. A Financial Service Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $74,000 based on 10 salaries.
Key Stats for Financial Service Officer
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