Job description Financial Services Representative near Winnipeg (MB)

Find out what work is like for a financial services representative in Canada. This work description is applicable to all Financial sales representatives (NOC 6235).

Financial sales representatives


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.

Job duties

  • This group performs some or all of the following duties:
  • 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.

Job titles

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

Related occupations

Source National Occupational Classification

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