Financial Representative Intern Job Description

The Pay of Financial Services Representatives

The Series 6 and Series 7 General Securities Representative licenses are required by most firms. Variable annuities and mutual funds are packaged investment products that can be sold by a Series 6 license holder. A Series 7 license is required for selling a wide range of investment products, the same qualification as a financial advisor in a securities firm.

It is difficult to find reliable statistics on average pay. The Bureau of Labor Statistics does not report data on financial representatives. Financial advisors and insurance sales agents are the most closely related job categories.

" As of May, the median pay was $63,780 and 90 percent was earned between $33,060 and $208,200. The average salary for a financial services representative is $50,000 according to the websites Indeed.com and Glassdoor.com.

Internships in Finance and Marketing

It is not a stretch to say that internships are indispensable. The competition for jobs has never been dull. Employers have shown a pull towards those with relevant experience before graduate.

How do you get relevant experience? internship An internship is not about fetching coffee for your boss.

The responsibilities of an intern have changed. You will find yourself working on a project, managing a small team and working with some executives in many internship programs. It is important that you enter your internship with the right mindset.

If you don't know what to expect from your internship role, you'll better prepared and know what you need to do to succeed Carrying out your intern responsibilities successfully will help you in building up a potent skillset that will shine in your next role. An intern is a person who is in a position of responsibility.

An intern's goal is to gain work experience, occasionally some university credit, and always an overall feel for the industry they're in. Internships can be paid, partially paid or not. There has been an increase in the number of paid internship opportunities.

Masterson Staffing - Finding Your Way in Finance

To have a successful career in finance, you need a relevant educational background as it signals to employers that you have taken appropriate courses and training. Employers are looking for educational pieces that are related to finance or accounting. Financial reports need to be accurate and detailed to create budgets, conduct audits and issue stock.

Employers want candidates who can make accurate reports. Employers can see that you can do that with experience in writing financial reports and drawing valuable insights from the data. Having management experience is very attractive to financial services firms.

Team members can move into leadership roles as the company grows. Financial services firms want their employees to hold their own ground in a constantly changing industry. Being able to perform your duties reliably and with minimal supervision shows employers that you are capable of managing your time and objectives.

Financial services recruiters look for skills that are relevant to their job. If you don't have all of the hard and soft finance skills listed, there is a recruiter who will find a perfect fit for you. Masterson Staffing can help you find them.

Financial Data Analysis

Roles in financial services include journalism, data analysis, and customer service on complex systems. You have to be an expert quickly, so you should be interested in learning all you can about your topic. Anyone working in financial data or financial news needs to be aware of market forces and up-to-date on the latest market movements.

If you hear about financial news, you should know how it could affect your business. It takes analytical mind to understand something. Financial services is great for people who like to see the raw data in the newspaper and are annoyed by vague statistics.

You should enjoy drawing conclusions from your analysis. Communication is important in an industry that is based on data. A writing style that can jazz up a financial report is what a journalist needs.

If you support clients with analytical tools, you need to keep your advice simple. You should expect to have your own responsibilities early on in your financial services career, as you will have plenty of support from colleagues. You will need to take initiative with your own research as a datanalyst, because you will have a sector to focus on.

Internship Skills: A Keystone to Career Selection

If you take an internship, you will be able to test theories and concepts you have been introduced to throughout your college career, which will increase your chances of being offered a full-time job later on. Employers look for a core set of skills and traits when considering applicants for both internship and entry level jobs, no matter what your major preferred industry is. It is worth your time to draw attention to yourself, even if you are hoping to be a summer intern, apply for your first job out of college, or hone your time-management skills as an intern.

You will likely work with other interns and company employees. Collaboration is dependent on your ability to communicate and relate well to others and your ability to work with others toward a common goal. You have to understand your strengths and weaknesses so you know how you can best contribute to the team, as well as be aware of how you can bring out the best in others.

If you have successfully taken a full course load every semester and meet assignment deadlines, you have already demonstrated time management skills. You won't have a syllabus to tell you when your deadlines are as an intern. It is up to you to organize your time and produce results.

Employers want to know that you can prioritize your responsibilities and that you can focus one project at a time. You have applied for an internship to gain knowledge of an industry, but you have more to offer. Mention instances where you have taken it upon yourself to contribute or change.

If you can bring someone on board who doesn't have to wait to receive direction for every task, and who is willing to assist others with their work, your potential employer will appreciate it. If you are applying to intern for a company that is in a highly specialized industry, you won't be expected to be an expert in any platform. You should know how to navigate a computer, and you will probably be able to navigate basic productivity software.