Financial Services Career Guide


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Everything you need to know about hatching your career in financial services.

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Financial Services Career Guide

  1. 1. Financial Services Career Guide:Everything you need to knowabout hatching your career in Financial Services Presented by:
  2. 2. What is TalentEgg? is Canada’s leading job board and online careerresource for students and recent graduates looking for careerhatching opportunities.We work with hundreds of Canada’s top employers, and we’rededicated to helping students navigate the sometimes messyschool-to-work transition.That’s why we created the Financial Services Career Guide –a guide to help land your dream job in financial services.So what are you waiting for? Get cracking! Be sure to take advantage of the Relevant Reads section on each page. These additional resources provide a ton of important info to help you in your job search!And keep your eyes peeled for tips and tricks onthe bottom of each page!
  3. 3. Careers in financial servicesDid you know? The financial services industry is one of the mostsignificant contributors to Canada’s economic growth andemploys over half a million people – many of whom are nearingretirement. This is good news for grads who are looking for acareer with plenty of opportunities to learn and grow!While many entry level jobs in the financial services industrydon’t require a background in business or finance, a designationor certification will give you the training, knowledge andcredibility you need to be successful in your area of interest.Some common designations include:• Chartered Financial • Certified Financial • Financial RiskAnalyst (CFA) Planner (CFP) Management (FRM)• Certified Credit • Registered Financial • Personal FinanceProfessional (CCP) Planner (RFP) Planner (PFP)• Chartered • Chartered Strategic • Certified AboriginalInvestment Manager Wealth Professional Financial Manager(CIM) (CSWP) (CAFM) Search for financial services jobs on Relevant Reads: 4 more designations to consider Top 6 career paths for new grads in financial services How to become a Financial AnalystTalentEgg Tip: Bookmark TalentEgg’s FinancialServices Career Guide for free career resources
  4. 4. What to put on your resumeReady to write a resume that will catch the eye of financialservices employers? Here are some things to include:• Business-related education • Extra-curricular and volunteer activities• Finance-related work experience • Past accomplishments (quantify them)• Customer-service experience • Software experienceIf your resume is lacking in any of those areas, there are someways to gain experience while still in school: • Get a part-time customer service job. (Tip: Note any sales milestones or quotas you’ve achieved on your resume.) • Take business, finance or accounting courses to demonstrate your interest in financial services. • Complete a finance-related internship, co-op or summer. • Get involved in a student group on campus to show your motivation and drive to succeed. Bonus points for taking on a finance-related role in your club! • Volunteer in your community. It shows you are well- rounded and can help you build your network! Relevant Reads: 4 Things to do outside of class to get a financial services job Application tips and tricks from a CPP Investment Board RecruiterTalentEgg Tip: Choose your extra-curricularactivities wisely.
  5. 5. Preparing for interviewsReady to ace your financial services interview? Successcomes with preparation! Here are some tips to help youprepare and ease your pre-interview nerves: • Know the job description. Understand what the employer is looking for and practice giving answers that will highlight those traits and skills. • Ask what to expect. Is it a standard Q&A? Will you be asked technical or case study questions? • Bring a portfolio with copies of your resume, the job description and any relevant work samples. • Prepare some questions of your own that show your interest in the position and company.Finally, when it’s all said and done, don’t forget to follow up!Many entry level financial services roles involve working withclients or customers – show you are courteous andprofessional by sending a thoughtful thank you note. Relevant Reads: Best questions to ask at a financial services interview 5 tips for a successful interviewTalentEgg Tip: Practice technical questions withthis finance interview app.
  6. 6. Financial services internshipsA financial services internship is a great way to gain theexperience you need to land a job post-grad! In fact, relevantprior work experience is becoming a prerequisite for manyentry level jobs.When it comes to interviewing for internships, if you don’t havemuch (or any) technical experience, focus on your soft skills.Explain why your work ethic, positive attitude andcommunication skills would make you a great intern.Your internship may be your big break into the industry. Standout by going above and beyond your job description by takingthe initiative to volunteer for different projects.Not only will you impress your boss, you’ll also gain newaccomplishments to add to your resume and expand yourprofessional network. Relevant Reads: How to make the most of your financial services internship How to turn your internship into a job offerTalentEgg Tip: Don’t make these 7 mistakesduring your internship!
  7. 7. Financial services salariesFuture job prospects are looking good for the financialservices industry! So let’s take a look at some average startingsalaries for typical entry level financial services jobs: Toronto Montreal Vancouver Calgary Actuary $56,924 $57,143 $60,214 $58,891 Financial Analyst $56,145 $56,362 $59,391 $58,175 Financial Services Rep $34,149 $36,803 $33,500 $33,125 Benefits Analyst $55,252 $55,465 $58,445 $57,249 Commercial Lender $61,750 $60,454 $60,571 $60,689 Account Representative $43,896 $44,065 $46,433 $45,483Bonus: Some of these roles may include bonuses andcommissions on top of the base salary!Click here for more entry level financial services salaries. Relevant Reads: How to negotiate salary: 8 tips to help you earn more How to get promotedTalentEgg Tip: Know how to evaluate your job offer.
  8. 8. Congratulations!You’re on your way to hatching your career infinancial services!Here are a few more Relevant Reads to help you land yourdream job in finance or banking:UTM Arts grad builds his finance career in bankingMore than a job: Sun Life Financials new graduate rotationalprogramsNetworking, resume and interview tips from a new gradFinancial Analyst Find us online!