Financial customer service representatives

Financial customer service representatives

NOC
64400

- Customer services representatives - financial institutions

process customers' financial transactions and provide information on banking products and services.

Quick facts

3-Year Outlook

Moderate
Moderate

3-Year Job Openings

161
 

Median Hourly Wage

$20.00
$16.70
Low
$25.13
High

Average Salary

$43,000
 

Typically Required

High school / on-the-job training

Employed

1,754
 
Job details

Full NOC Description

Customer services representatives in financial institutions process customers' financial transactions and provide information on related banking products and services. They are employed by banks, trust companies, credit unions and similar financial institutions.

Main Duties

This group performs some or all of the following duties:
  • Process customer cash deposits and withdrawals, cheques, transfers, bills and credit card payments, money orders, certified cheques and other related banking transactions
  • Obtain and process information required for the provision of services, such as opening accounts and savings plans and purchasing bonds
  • Sell travellers' cheques, foreign currency and money orders
  • Answer enquiries and resolve problems or discrepancies concerning customers' accounts
  • Inform customers of available banking products and services to address their needs.
  • Also Known As

    • bank teller
    • credit union teller
    • financial customer service representative
    • foreign exchange teller - financial services
    Requirements

    Employment Requirements

    Completion of secondary school is required.
  • A college diploma in business administration may be required.
  • On-the-job training is provided.
  • Provincial Regulation

    Not Provincially Regulated

    Employment by Sex

    The following graph shows the percentage of men and women working in this occupation in New Brunswick.

    Data legend

    78.3%
    Female
    21.7%
    Male
    Employment by age

    The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.

    Data legend

    8.9%
    15-24
    24.1%
    25-34
    27.8%
    35-44
    19.6%
    45-54
    18.6%
    55-64
    1.0%
    65+
    Employment by highest level of education

    The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.

    Data legend

    1.4%
    No Certificate, Diploma or Degree
    33.3%
    High School, Diploma or Equivalent
    4.1%
    Apprenticeship or Trades Certificate or Diploma
    33.4%
    College or University Below Bachelor Level
    27.8%
    University - Bachelor Level or Above
    Employment by Industry

    The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.

    Data legend

    89.3%
    Finance and insurance
    4.5%
    Administrative and support, waste management and remediation services
    1.0%
    Public administration
    5.2%
    All Other Industries
    Employment by Economic Regions

    The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.

    Data legend

    14.10%
    Northeast
    45.40%
    Southeast
    12.40%
    Southwest
    17.90%
    Central
    10.30%
    Northwest
    Province of New Brunswick Economic Regions

    Economic Regions

    The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

    Annual Average Salary by Economic Regions

    The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.

    Data legend

    $37,500
    Northeast
    $45,200
    Southeast
    $40,000
    Southwest
    $41,000
    Central
    $48,000
    Northwest
    Province of New Brunswick Economic Regions

    Economic Regions

    The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

    Hourly Median Wages by Economic Regions

    The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.

    Northeast

    $18.85
    $16.26
    Low
    $22.00
    High

    Southeast

    $20.67
    $17.65
    Low
    $25.13
    High

    Southwest

    $18.45
    $16.36
    Low
    $25.82
    High

    Central

    $21.00
    $15.95
    Low
    $29.14
    High

    Northwest

    $17.00
    $16.00
    Low
    $27.00
    High
    Salary

    The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.

    New Brunswick

    $43,000

    Newfoundland

    $40,400

    Prince Edward Island

    $39,500

    Nova Scotia

    $40,300

    Canada

    $51,750
    Employment Outlook

    The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).

    Three Year Outlook

    Total Openings: 3-Year

    161
     

    New Jobs: 3-Year

    41
     

    Retirements/Deaths: 3-Year

    118
     

    Ten Year Outlook

    Total Openings: 10-Year

    624
     

    New Jobs: 10-Year

    213
     

    Retirements/Deaths: 10-Year

    408