CN Tower: Iconic Toronto landmark, 553.3m tall, designed by John Andrews, opened in 1976.
Bank Teller
Not regulated but highly recommend to complete a course
Time of Journey (Months)
0
Cost of Journey ($CAD)
0
Salary with 3Y Experience ($CAD)
0
Duties?
Salary Details?
Regulated?
Regulatory Body?
Interpersonal Skills
Technical Skills
Duties?
- Process transactions without a glitch.
- Detect fraud like Sherlock Holmes.
- Answer Banking Inquiries like ChatGPT.
- Refer Clients to advisor buddies.
- All in all, keep the bank booming!
Salary Details?
- Gross (before deductions): $18-20/ Hourly ($36000 to $38000/ Yearly).
- Net (after deductions): $2300/ Monthly.
Regulated?
- Nope!
Regulatory Body?
- Nobody!
Interpersonal Skills
- Communication.
- Customer service.
- Empathy and Patience.
- Teamwork.
Technical Skills
- Cash Handling.
- Basic computer skills.
- Transaction processing.
- Knowledge of Banking Products and Services.
Step 1
0 $CAD l 0 Months
- Be at least 18 years of age.
- Have legal permission to work in Canada (Have a valid social insurance number).
Step 2
40 $CAD l 6 Months
- When step 1 is done, go ahead and take this step.
In general, to obtain the Ontario Secondary School Diploma (OSSD):
- 30 credits are required in total.
- Students need to pass 16 credits for Grade 9 and 10 combined.
- They would then require 14 credits for Grade 11 and 12 combined.
Now, Since you have left school and don’t have OSSD, you need to go through PLAR process:
- PLAR is a free process that stands for Prior Learning Assessment and Recognition. It’s a process that helps those who are older than 18 years old and have left high school get credits towards their OSSD based on their previous knowledge and skills they’ve acquired through informal learning, work experience, or other life experiences.
- You need to gather all previous transcripts, certificates, apprenticeships, job letters and any previous life experiences.
- You will go through two steps dueing PLAR process, “Equivalency” and “Challenge”.
- For grade 9 and 10, you would only go under equivalency evaluation. they will evaluate all of your submitted documents and will let you know, how many credits you will get out of the 16 credits.
- For grade 11 and 12, you would go through both equivalency and challenge steps. through the challenge process, your prior learning is evaluated using tests. Once they evaluate your documents and you take the test, they will let you know how many credits you will get out of the maximum of 10 credits.
- The maximum number of credits that you can earn through PLAR is 26, so a minimum of 4 Grade 11 and 12 credits must be earned by taking the necessary courses.
Now that you know what PLAR is, to apply:
- Go to TVO ILC and register for one of their 138 courses, we recommend English Grade 12 (ENG4U) ($40).
- Once registered for a course, email TVO ILC at ilc@tvo.org indicating that you wish to participate in the Mature PLAR process.
- They will review your academic profile (Previous transcripts, certificates,…) to confirm your eligibility. Then you will receive an Mature PLAR Pathway Plan which will determine the equivalent credits that may be granted through either subject-based assessments (Challenge) or a review of your work or life experience (Equivalency).
- While waiting for PLAR results, try to finish up the course you registered for.
- Take the course at your own speed! Just make sure to upload your assignments and tackle that final test to pass the course. Need a hand with assignments? No worries, Course Hero got your back! 😊
- Once you get the PLAR results, you will know how many more credits you need for your OSSD.
Step 3
0 $CAD l 6 Months
- When you reach the second month of Step 2, go ahead and take this step.
- Get your resume ready and apply for sales associate positions in malls, grocery stores,…!
- Although you can apply online (indeed, Glassdoor, Zip recruiter,..) but smart people go in person!
- Work there for at least 6 months!
Step 4
320 $CAD l 18 Months
- When step 2 is done, go ahead and take this step.
- Now that you have your PLAR results, you may need 4 to 16 more credits to gain your OSSD.
- Register for the required courses. Each course will cost you $40 and will take 2.5 months to complete.
- For 4 credits, you need a year and for 8 credits you approximately need 1.5 years.
- Take the course at your own speed! Just make sure to upload your assignments and tackle that final test to pass the course. Need a hand with assignments? No worries, Course Hero got your back! 😊
Step 5
555 $CAD l 4 Months
- When you reach the sixth month of Step 4, go ahead and take this step.
- This step is not mandatory but highly recommended, because your chance of hiring will boom!
- Go to CSI and register for Investment funds in Canada (IFC) course ($531).
- You got 765 pages to read, this tutorial has made it super easy to digest the book and pass the exam ($19.99)!
Step 6
0 $CAD l 2 Months
- When step 4 and step 5 are done, go ahead and take this step.
- Prepare your resume and Create a professional linkedin profile and start searching for branch managers and Talent acquisition managers of banks.
- Connect with 100 targets and send messages, showing your interest in their bank, also highlight your IFC. Use chatGPT for the text of the message.
- In the meantime, go to careers section of big six banks and apply for CEA position at RBC, Personal banker position at TD, Customer Service Representative at BMO, Customer Experience Associoate at Scotia, Financial service representative at CIBC and National Bank).
- This is a hard-core step that requires 4 hours of your day, bombard linkedin and websites.
“Ta-da! 🎉 You’re now a Bank Teller! Handling cash like a pro, just don’t start making paper airplanes with the bills! 😄💰”
Top Videos
2 Videos
0:16
0:16
Investment Funds in Canada Complete Tutorial + Tests
by Navid Eskandari
- On Udemy
- Published on Sep 2023
- $CAD 19.99
- 16 Hours
- 101 students
- 4.63 (22 reviews)
| Statistic | Detail |
|---|---|
| Number of Bank Tellers | Approximately 32,850 people |
| Full-time vs Part-time | Full-time workers: 67%, Part-time workers: 33% |
| Work Duration | 64% of bank tellers work all year, while 36% work only part of the year |
| Self-Employment | Less than 5% of bank tellers are self-employed |
| Median Wage | The median wage for bank tellers in Ontario is $21.55/hour |
| Available Jobs | There are 16 jobs advertised in Ontario |
| Gender Distribution | Women constitute about 57 per cent of the workforce at Canada’s six largest banks |
| Job Reduction | The number of teller jobs has dropped more than 20 per cent in the U.S. and Canada in the past decade |
Please note that these are projections and actual job market conditions may vary. It’s always a good idea to check the Job Bank for the most accurate and up-to-date information.
| Bank | Career Page |
|---|---|
| Royal Bank of Canada (RBC) | Career Page |
| Toronto-Dominion Bank (TD Bank) | Career Page |
| Bank of Nova Scotia (Scotiabank) | Career Page |
| Bank of Montreal (BMO) | Career Page |
| Canadian Imperial Bank of Commerce (CIBC) | Career Page |
| National Bank of Canada | Career Page |
| HSBC Bank Canada | Career Page |
| Laurentian Bank of Canada | Career Page |
| EQ Bank | Career Page |
| NEO Financial | Career Page |
Please note that these links will take you directly to the career pages of these banks where you can find more information about job openings and career opportunities. Please let me know if you need help with anything else.
| Interview Questions for Bank Teller | Potential Answers |
|---|---|
| How would you handle a difficult customer? | I would remain calm and patient, listen to their concerns, and do my best to address their needs. If necessary, I would involve a supervisor. |
| Can you describe a time when you had to deal with a customer’s frustration or anger? | In my previous job, a customer was upset about a fee on their account. I calmly explained the reason for the fee and offered to connect them with a manager who could assist further. |
| How do you handle cash handling errors? | I double-check all transactions to prevent errors. If an error does occur, I would report it to my supervisor immediately and follow the bank’s protocol to correct it. |
| Can you give an example of a time when you provided excellent customer service? | In my previous role, I helped a customer understand their account features which they were previously unaware of. They appreciated the time I took to explain everything. |
| How would you convince a customer to try a new banking product or service? | I would first understand the customer’s needs and then explain how the product or service could benefit them. I would also highlight any special features or promotions. |
| What would you do if you noticed a discrepancy in a customer’s account? | I would immediately bring it to the attention of my supervisor and follow the bank’s procedures for handling such situations. |
| How do you handle pressure in a fast-paced environment? | I stay organized and prioritize tasks. I also take short breaks when possible to clear my mind and maintain focus. |
| Can you describe a time when you had to follow a policy with which you didn’t agree? | In my previous job, there was a policy that I felt could be improved. I shared my feedback with my manager and we were able to work together to make a positive change. |
Please note that these are just potential answers. The best responses will be those that reflect your own experiences and perspectives. Good luck with your interview! 😊
Save or share this page!
Facebook
Twitter
LinkedIn
WhatsApp
Telegram
Email
