Whats the salary for bank teller in GTA?

[little-fish]

What is the bank teller's annual salary or hourly rate in GTA?
Do they differs a lot between banks (the Big5 banks)
Do they work on shifts?

What about mutual fund representatives at the branch and call center agent?

[hehehaha]

teller starting around $12--$13/hour.

Mutual fund rep in call center is around 40--45k/year... not sure about the bonus though...

[chicken_little]

$12-$13/hr is crazy low.

I was an inbound mutual fund csr 8 years ago and the rate was $15/hr even back then. Not sure what the going rate is these days.

[oeketer]

teller is about 12-13 starting depending on where the bank is located and with which bank.

MF reps in the branches start anywhere from 35k-40kish (junior sales officers...more on higher positions) depending again on location of the branch and which bank it is.

Don't know anyone in the call centers but from the job postings i've seen internally, you're looking at about the same.

[little-fish]

teller starting around $12--$13/hour.

Mutual fund rep in call center is around 40--45k/year... not sure about the bonus though...

Perhaps the hourly rate is different between MF reps and teller.
So teller is more like a stepping stone position for those who wish to gain experience in banking industry?

Both MF reps (inbound or at branch) got bonus for selling mutual funds? or bonus if they exceed their quota?
If anyone purchase mutual funds from them, they will get the piece of meat?

What about financial advisor (the ones with office in branch)

[UrbanPoet]

tellers $12-$14/hr

financial service rep (basic accounts, services, investment etc) make between $30k-$35k starting. Depending on your sales expirience. IFIC And CSC help big time.

Financial advisors make more but they have more bonuses/commissions.

[ItemFinder]

$12-$13/hr is crazy low.

I was an inbound mutual fund csr 8 years ago and the rate was $15/hr even back then. Not sure what the going rate is these days.

How is this low? It's no better than a cashier. In reality, tellers should be paid minimum wage, but of course it will only encourage skimming off the top.

[oeketer]

Perhaps the hourly rate is different between MF reps and teller.
So teller is more like a stepping stone position for those who wish to gain experience in banking industry?

Both MF reps (inbound or at branch) got bonus for selling mutual funds? or bonus if they exceed their quota?
If anyone purchase mutual funds from them, they will get the piece of meat?

What about financial advisor (the ones with office in branch)

In the branch there is no specified MF rep... all sales officers are also mutual fund reps...junior sales officers deal with maybe up to 20K in MF business...and senior sales officers handle pretty much the rest.

In terms of compensation, all sales officers get a bonus...depending on their performance and a few other things...each bank is different in determining bonus payouts and such.

[little-fish]

How is this low? It's no better than a cashier. In reality, tellers should be paid minimum wage, but of course it will only encourage skimming off the top.

What educational background is required for teller position? A business degree from Univ? That is surpingly. I was at Tim Hortons and one of the staff was telling me that he makes $12/hr (day shift..not weekend or evenings) while we had a little chit chat.

In the branch there is no specified MF rep... all sales officers are also mutual fund reps...junior sales officers deal with maybe up to 20K in MF business...and senior sales officers handle pretty much the rest.

In terms of compensation, all sales officers get a bonus...depending on their performance and a few other things...each bank is different in determining bonus payouts and such.

What about the Help Desk position at the branch? Seems very nice job.
If you are a MF rep, do you rather work in the branch or inbound?

[oeketer]

What educational background is required for teller position? A business degree from Univ? That is surpingly. I was at Tim Hortons and one of the staff was telling me that he makes $12/hr (day shift..not weekend or evenings) while we had a little chit chat.



What about the Help Desk position at the branch? Seems very nice job.
If you are a MF rep, do you rather work in the branch or inbound?

Teller: background education, high school for the most part. Mainly if you have cash handling and customer service experience, thats what they are looking for.

The help desk position is usually filled by a teller. Just a different spot than standing at the wicket, and they don't handle transactions involving cash. Sometimes can do transactions like paying bills or depositing cheques if the branch is really busy.

I'd rather work in the branch. From what I gather, most people don't want to buy MF's over the phone. I think for the most part, the MF reps at the call center are just there to service existing accounts.

[640m]

The pay is reasonable for a teller, but not fantastic. I would assume the Financial Advisors and other sales people will be able to make more (depending on their sale skills and contacts) based on commissions. The CIBC teller in Toronto is part of a class action lawsuit against the bank for not paying overtime, so there is that part of the teller's job that you may encounter. Actually, for Toronto a bank teller's salary is probably barely enough to get by on one salary.

[little-fish]

tellers $12-$14/hr

financial service rep (basic accounts, services, investment etc) make between $30k-$35k starting. Depending on your sales expirience. IFIC And CSC help big time.

Financial advisors make more but they have more bonuses/commissions.

Is that after or before tax?
Who is the one that sits behind tellers?
If banks allows you to made a deposit/withdrawl in the branch without band card (but has other photo identification cards ..ie. driver's license) Does that mean the tellers have the ability find out how much their friends/relatives make if they bank with the same bank that he/she is working for based on their phone number/address?

Who has to count the till at the end of the day? if there are morning/afternoon/evening shifts..

[UrbanPoet]

The person that sits behind the teller depends on the bank... Usually its the operations support officer (title differs from bank to bank) aka teller supervisor. They do paper work and assist in any major issues or problems such as fraud.

and yes... Bank tellers can see everything. But that is bound by the ethical and legally binding privacy laws.

As for who keeps track of the money etc... Thats usually up to the central teller. The one that deals with business and cash orders. Again this differs from bank to bank. Smaller branches have people that serve Dual roles.
eg. 1 bank i worked @ the "Teller supervisor" was also @ the front desk.

IT depends really.
IF you go to any banks HR site and search CSR jobs you can see job descriptions of each title/position.

[tommyng1110]

how do you guys get hired as a bank teller? Apply thou their coroperate careers website?

[Nhiem]

I believe they no longer use the term "teller", rather just "Customer Service Representative".