How to Become a Direct Sales Representative (Banking)
Step 1: Understand the job description and responsibilities of a Direct Sales Representative (Banking)
What does a Direct Sales Representative (Banking) do?
A Direct Sales Representative (Banking) develops new business prospects in specific geographic areas through cold calls. Interacts with existing customers to increase sales of the bank's products and services. Being a Direct Sales Representative (Banking) requires a high school diploma or equivalent. Typically reports to a manager or head of a unit/department. The Direct Sales Representative (Banking) works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Direct Sales Representative (Banking) typically requires 3-5 years of related experience.
A direct sales representative (DSR), in banking, is responsible for sales and marketing of banking services.
A DSR may be involved with a single aspect of banking services; however, in most circumstances, is required to be familiar with and sell all banking services available from the bank.
Sales experience, customer service experience, and a pleasant friendly personality are a must for successful direct sales representatives.
Two years of sales or customer service experience is normally the minimum requirement for entry level direct sales representative positions.
Experience in banking or financial service is preferred.
Step 2: Learn best tips to become a Direct Sales Representative (Banking)
Best tips for those who want to become a Direct Sales Representative (Banking)
Here are some tips to become a Direct Sales Representative (Banking).
Step 3: View best colleges and universities for Direct Sales Representative (Banking)
Best colleges and universities for Direct Sales Representative (Banking)
- Florida Southern College
- Colby College
- Dartmouth College
- University of Notre Dame
- Western Washington University
- Canisius College
Step 4: Think about whether is it worth to be a Direct Sales Representative (Banking)
Is being a Direct Sales Representative (Banking) Worth it?
Reporting to the Branch Manager, the sales representatives will be responsible for acquisition of new business within the assigned Sales locations.
Experience in sales or client relationship management will be an added advantage.
A DSR may be involved with a single aspect of banking services; however, in most circumstances, is required to be familiar with and sell all banking services available from the bank.
Sales experience, customer service experience, and a pleasant friendly personality are a must for successful direct sales representatives.
Two years of sales or customer service experience is normally the minimum requirement for entry level direct sales representative positions.
Step 5: Prepare relevant skills for being a Direct Sales Representative (Banking)
What skills do you need to be a Direct Sales Representative (Banking)?
Supporting level roles often require a broad range of skills to ensure jobs can be executed accurately and efficiently. Some of the more relevant day-to-day skills for this role include: Cold Calling, New Business Development, Prospecting. In this role, you should command of the following: Banking Software, Customer Relationship Management (CRM) software. Success in this function is highly dependant upon these skills, as well as others specific to each individual company.
Some applicants are hired with just a high school diploma, based on their sales-friendly personalities and proper understanding of finance.
A DSR may be involved with a single aspect of banking services; however, in most circumstances, is required to be familiar with and sell all banking services available from the bank.
Sales experience, customer service experience, and a pleasant friendly personality are a must for successful direct sales representatives.
Two years of sales or customer service experience is normally the minimum requirement for entry level direct sales representative positions.
Experience in banking or financial service is preferred.
Step 6: View average salary for Direct Sales Representative (Banking)
How much does a Direct Sales Representative (Banking) make?
The average salary range for a Direct Sales Representative (Banking) is from $112,355 to $139,858. The salary will change depending on your location, job level, experience, education, and skills.
-
View average salary for the United States
-
Adjust salary by state
Average salary for Direct Sales Representative (Banking) jobs
Step 7: Find relevant Direct Sales Representative (Banking) jobs, and apply.
Looking for Direct Sales Representative (Banking) jobs?
Here are some Direct Sales Representative (Banking) jobs in the United States.