As a Banking and Financial Services Recruitment Specialist, I partner with a range of Banking AND Financial Services clients who are consistently seeking Bankers, Financial Advisors/Consultants, and Wealth Planners.
In general, both Personal Bankers and Financial Advisors offer similar services:
- They provide guidance to clients, aiming to improve their financial health and achieve specific goals, such as Savings, Investment Growth, Retirement Planning, and more
- They interact regularly with clients, often needing to explain complex financial products and services in simple terms and provide exceptional customer service to build trust
Core Differences between being a Personal Banker and Financial Advisor:
1) Remuneration
- FA = Self-Employed receiving Commissions (higher income ceiling) with Allowance/Incentive scheme available
- Bank = Full-time Permanent Employment which offers Basic Salary + Comms (stable base with opportunity to earn more)
2) Client Acquisition
- FA = Roadshow, Events + Social Media + Cold Calling (clients sourced by agency or individual FA) + Warm Market (family/friends)
- Bank = Branch Walk-Ins + Cold Calling (500-600 assigned clients)
3) Products
- FA = Full suite of Insurance Products + Funds + Other services
- Bank = Majority of Insurance Products (excl. Health Insurance) + Funds + Secondary Banking products (but no revenue generated)
4) Minimum Education Requirements
- FA: Minimum GCE ‘A’ Levels, or Diploma from a local polytechnic, and above
- Bank: Diploma from a local polytechnic, or Degree of any discipline, and above
Requirements
- Singaporeans Only (candidates who require Work Visa need not apply)
- Pass all Core CMFAS papers before commencement (guidance provided)
Apply Now
Submit your application via the Apply button
OR
Contact Wein Ng for a confidential discussion/consultation via 8837 5170.
Why Apply Through Me?
I offer tailored recommendations based on factors such as:
- Availability of Allowance/Advancement/Incentive Scheme
- Range of Products and Services (e.g. Life/Health Insurance, Savings/Endowment Plans, Funds, Trust/Estate Planning, Will Writing, etc.)
- Methods for lead generation and client acquisition
- Earning Potential
- Quality of training and mentorship
- Effectiveness of back-office support
With my proven track record and knowledge, I help jobseekers navigate the recruitment process and find the right opportunity to match their career goals.
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We regret that only shortlisted candidates will be notified.
EA Personnel Name: Ng Weineng
EA Personnel No: R1985639
EA License No: 02C4944
