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Banking Salespeople
Banking salespeople could refer to a variety of different jobs. From the low end of working in a bank, simply helping to sell their products for example; insurance, mortgages, loans etc, to the higher end of stock broking. Banking salespeople are usually located in nice offices or banks and are required to wear either a uniform or a formal suit. They may also be more benefits than other salesperson positions, for example being able to work in a large office with increased security.
Banking salespeople typically get paid a good basic wage, sometimes hundreds of thousands depending on how much experience you have in sales and the position you hold in the company. Most banks are massive organisations so in one particular branch you could have many different types of salespeople from sales directors, sales executives and even stock brokers. All are very necessary in the general running of the company. Because of this it is also far easier to find promotions in the company as they might simply decide you are would be better running the team.
Within the bank there would also be salespeople working on both B2B and B2C (Business to Business and Business to Customer). Example of these could be an insurance package for a residential property that would be sold straight to the customer. Whereas a bank loan could be specific for an organisation or business who might want to invest into something new and need the extra cash to ensure good cash flow.
Stock brokers have a tough job as they can be involved with massive amounts of money, and due to the stock times they may be required to work with little sleep because if the space of an hour of less the stocks could drop loosing the company thousands of pounds. Stock broking is a very difficult profession as they are sometimes trying to predict and research rise and fall in particular stocks that you have shares in. Down to modernisation most stock market information is available through programs on the internet. There have been many cases where stock brokers have made the wrong decisions and have lost the companies they work for quite serious money, so each one has to be on the ball all of the time. Stock brokers can get paid very serious money based on their performance in the stocks. Because of this it is very often that stock brokers retire very early or move out of the profession as it is very strenuous on social life.
It is difficult to find a position in a bank as they are often trying to make cutbacks giving the company the best profit margin however if and when you do get into the industry it can be hugely beneficial to a hard working salesperson.