As a Banking and Financial Services Recruitment Specialist, I partner with a range of Banking AND Financial Services clients who are consistently seeking Financial Services Executives.
Financial services executives are broadly categorized into two main roles: Bankers and Financial Advisors/Consultants (FAs).
- They provide guidance to clients, aiming to improve their financial health and achieve specific goals, such as Wealth Protection, 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 an FA and Banker:
1) Remuneration
- FA: Self-Employed individuals receiving Commissions (higher income ceiling and no KPIs)
- Banker: Permanent Employment which offers stable Basic Salary and opportunity to earn more through Commissions
2) Client Acquisition
- FA: Warm Market (family/friends) + Roadshow, Events + Social Media + Cold Calling (clients sourced by agency or individually)
- Banker: Branch Walk-Ins + Cold Calling (500-600 assigned clients, more provided over time)
3) Products
- FA: Full suite of Insurance Products + Funds + Other Financial Planning services
- Banker: Majority of Insurance Products (excl. Health Insurance) + Funds + Secondary Banking Products & Services
4) Working Arrangement
- FA: Fully Flexible - As self-employed individuals, FAs choose their own working days and hours as long as they are able to achieve the income they want to earn
- Banker: Regimental - KPI-driven management, 5.5 work days, and high frequency of after-office appointments
5) 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.
---
We regret that only shortlisted candidates will be notified.
EA Personnel Name: Ng Weineng
EA Personnel No: R1985639
EA License No: 02C4944
