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What does a Financial Service Representative do?

Photo of Brenna Goyette
Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

A financial service representative is responsible for providing financial services to clients. They may work in a bank, credit union, or other financial institution. Financial service representatives typically help clients open accounts, process transactions, and provide information about products and services. They may also resolve customer complaints.

Financial Service Representative job duties include:

  • Meeting with clients to discuss their financial needs and goals
  • Assessing risk tolerance and recommending investment strategies
  • Creating and implementing financial plans
  • Monitoring client portfolios and making recommendations for changes
  • Researching and staying up-to-date on economic trends and market conditions
  • Buying and selling securities on behalf of clients
  • Processing transactions and maintaining account records
  • Providing customer service, including resolving complaints
  • Generating reports for clients and superiors
  • Adhering to ethical standards and regulations

Financial Service Representative Job Requirements

A financial service representative is responsible for providing financial services to clients. They must have a high school diploma or equivalent, and must complete a training program approved by the Financial Industry Regulatory Authority (FINRA). In addition, they must have two years of experience in the financial services industry.

Financial Service Representative Skills

  • Analytical skills
  • Profit and loss analysis
  • Financial analysis
  • Budgeting
  • Forecasting
  • Variance analysis
  • Financial modeling
  • Business strategy
  • Business planning
  • Financial reporting
  • Accounting

Related: Top Financial Service Representative Skills: Definition and Examples

How to become a Financial Service Representative

A financial service representative is a professional who provides financial services to clients. Financial service representatives typically work for banks, credit unions, and other financial institutions. They help clients open new accounts, process transactions, and provide information about products and services offered by the financial institution.

Becoming a financial service representative requires completing high school or equivalent education. Many financial institutions also require representatives to complete training programs specific to the institution. Representatives must have strong customer service skills and be able to communicate effectively with clients. They must also be able to use computers and other technology to process transactions and access account information.

Related: Financial Service Representative Resume Example

Related: Financial Service Representative Interview Questions (With Example Answers)

Editorial staff

Photo of Brenna Goyette, Editor

Editor

Brenna Goyette

Expert Verified

Brenna is a certified professional resume writer, career expert, and the content manager of the ResumeCat team. She has a background in corporate recruiting and human resources and has been writing resumes for over 10 years. Brenna has experience in recruiting for tech, finance, and marketing roles and has a passion for helping people find their dream jobs. She creates expert resources to help job seekers write the best resumes and cover letters, land the job, and succeed in the workplace.

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