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Internal Wholesaler

Internal Wholesaler Job Description

Banks seek internal wholesalers with strong sales and customer service skills, along with top-notch verbal and writing skills. A bachelor’s degree in business, finance or marketing is required, along with at least two years of sales experience with a banking or financial services firm.

Typical internal wholesaler duties:

Working with external wholesalers to develop new business and maintain current business relationshipsGathering and using marketing intelligence to increase salesMaking sales calls to financial advisorsResponding to calls and questions about the firm’s products

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Salary for Internal Wholesaler
50750 - 73000
Low
50750
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
61500
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
73000
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer 167750 205750 241750 Regulatory Reporting Manager 105750 135750 151500 Regulatory Affairs Specialist 80750 100250 113000 Senior Regulatory Reporting Accountant 81750 95000 107250 Regulatory Reporting Accountant 61750 72750 86750 Market Risk Analysis Manager 111000 134750 159250 Market Risk Analyst 84250 101750 120500 Operational Risk Analysis Manager 104750 124250 150000 Operational Risk Analyst 88250 99750 116750 Credit Risk Analysis Manager 98500 118250 139500 Credit Risk Analyst 82000 100000 117500 Product Controller Manager 86250 107500 124500 Product Controller 56500 80250 99750 Mergers and Acquisitions Analyst 73250 100000 114750 Anti-Money Laundering Specialist 70000 93000 107500 Fraud Investigator 65000 80500 95250

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.