Immigrate to Canada as a Financial officer
Other financial officers are in demand right across Canada and you may be able to secure a Canadian Permanent Residency Visa either with or without a job offer.
There are thousands of Other financial officers just like you moving to Canada. Find out how to join them. Canada needs more Other financial officers. If you are thinking about moving to Canada as a Financial officer, all the information you need is right here.
Other financial officers are wanted in Canada
Did you know that Other financial officers are one of the most in-demand jobs in Canada? Other financial officers are in high demand in all 11 of Canada’s provinces and territories, and as a highly-skilled professional, you can expect to earn between $64700 and $104500 per year.
When considering Canada as your new home, there are not only numerous immigration options for you to choose from, but plenty of job opportunities too.
Jobs in Canada for Other financial officers
One of the biggest questions when moving to Canada is “will I be able to find work as a Financial officer in Canada?”. The simple answer is Yes, you will! (Of course each Other financial officers level of training and experience is a core factor, as is the case in any country.)
Below are answers to some of the most frequently asked questions about jobs in Canada for Other financial officers.
Is There Really a Demand for Other financial officers in Canada?
Yes there is! As mentioned previously, you can immigrate to Canada as an experienced Financial officer with a high chance of finding employment in any of Canada’s 11 provinces. These job opportunities can be found in:
- British Columbia
- New Brunswick
- Newfoundland and Labrador
- Nova Scotia
- Prince Edward Island
Over the next few years, it is estimated that there will be 27000 new jobs created due to expansion and a need for replacement as well as 34000 new positions for graduates and immigrants to fill who want to live and work in Canada.
This is why Canada needs Other financial officers. You really can be moving to Canada as a Financial officer
How Much Do Other financial officers Earn in Canada?
Salaries in Canada are very competitive and, as an experienced Financial officer, you can expect to earn between $64700 and $104500 per year.
How do I search for Financial officer positions in Canada?
Most Financial officer jobs in Canada are advertised online on jobs sites. Often, a code is used to identify Financial officer jobs. These codes are used across Canada to identify all kinds of occupations.
The codes are called NOC codes. The NOC code for Financial officer is 1114. There are a range of positions that are associated with Other financial officers.
These are occupations many Other financial officers also participate in. If you work in or are employed as any of the following positions, you are covered by the overarching noc code of 1114 for Other financial officers
Other financial officers include professional occupations in finance such as financial planners financial examiners and inspectors financial investigators financial underwriters mortgage brokers and trust officers. They are employed by banks trust companies investment firms and governments or they may be self-employed.;
Further Positions within the term of Financial officer include:
- Account manager
- Bank inspector
- Bonds underwriter
- Credit adjudicator
- Credit agency inspector
- Credit unions examiner
- Estate administrator
- Estate and trust administrator
- Estate executor
- Finance and credit administrator – international banking
- Financial institutions examiner
- Financial institutions inspector
- Financial investigator
- Financial management officer
- Financial management officer – pension plan analysis
- Financial management officer – program budgeting
- Financial planner
- Financial planner – personal finances
- Financial services consultant
- Financial underwriter
- Foreign interbanking arrangements officer
- Interbanking arrangements officer
- Investment advisor – personal finances
- Investment counsellor – personal finances
- Lending solutions manager
- Mortgage broker
- Mortgage underwriter
- Personal financial planner
- Personal trust officer
- Securities analyst – personal finances
- Securities counsellor
- Securities underwriter
- Trust officer
If your position is on the above list, you have found your relevant NOC Code, it is 1114
How Do I Move to Canada to Live and Work as a Financial officer?
Step 1 : Determine you are eligible to immigrate
The simplest way to do this is to take our free visa assessment. There are more than 80 visa pathways to Canada. Once you take your visa assessment we will be able to guide you as to which is the best path for your particular circumstances.
Step 2: Have Your Qualifications Accredited for Canada
In order to live and work in Canada as a Financial officer, you will need to have your qualifications that you earned outside of Canada accredited and ensure that it is recognized in Canada.
An Educational Credential Assessment (ECA) confirms that your degree, diploma or certificate is both valid and equal to Canadian standards. This is vital as it will allow you to claim the Permanent Residency points for your education and training and might also be required for employment, professional registration within Canada and Canadian immigration services.
Below is a list of designated organizations that are licensed to do your assessment:
- Comparative Education Service – University of Toronto School of Continuing Studies;
- International Credential Assessment Service of Canada;
- World Education Services;
- International Qualifications Assessment Service (IQAS); and
- International Credential Evaluation Service.
Educational and experience requirements for Other financial officers include:
- A bachelor’s degree in business administration commerce economics or a related field is usually required.
- Various training programs and courses are offered by financial institutes and organizations such as the Canadian Securities Institute Institute of Canadian Bankers Institute of Chartered Financial Analysts Investment Funds Institute Canadian Institute of Financial Planning and Trust Companies Institute of Canada and may be required by employers.
- The designation Certified Financial Planner awarded by the Financial Planners Standards Council of Canada may be required.
- Certification as a Financial Planner is required in Quebec.
- Financial planners who sell regulated financial products and investments such as annuities RRSPs and life insurance are required to be licensed by the appropriate governing body.
- Financial examiners and inspectors may require a recognized accounting designation.
- Mortgage brokers require a real estate licence in Quebec and a mortgage broker licence in Newfoundland and Labrador Nova Scotia Ontario Manitoba Saskatchewan Alberta and British Columbia.
You may be required to provide a range of documentation and references to prove your abilities and experience during your evaluation process for Canadian Immigration.
Step 3: Start the Migration Process, apply for your Canada Visa
There are many routes you can take when moving to Canada as a Financial officer but we’ve listed the top 4 ways that will give you the greatest chances of success in the application process:
- Express Entry system
- Provincial Nominee Program
- The Rural and Northern Immigration Program
- The Atlantic Immigration Pilot
1. Express Entry
The Express Entry (EE) system is our top choice for moving to Canada as a Financial officer. Not only is it the fastest but it is also one of the simplest ways to immigrate to Canada. With the right age, language skills in French and/or English, qualifications and other criteria you could be moving to Canada fast, you could be on your way to Canada in 6 months.
The first stage in your Canadian Express Entry immigration process is to calculate your Canada Immigration points for Express Entry using the Canadian Comprehensive Ranking System (CRS).
Some of the elements that CRS Points are awarded for include:
- English ability
- French ability
- Your partner’s skills
- Work experience
Take our free online visa assessment for an up to date report on whether you have enough points to move to Canada as a Financial officer from both an Express Entry and Immigration points perspective.
2. Provincial Nominee Program
The Provincial Nominee Program (PNP) allows skilled and semi-skilled immigrants to live and work in Canada. You will need a valid job offer in Canada of at least 1 year for most immigration streams. 11 provinces and territories have their own PNPs, each with their own with specific labor needs.
If your skills match what your chosen province or territory is looking for, you may receive a provincial nomination, which is worth 600 extra Permanent Residency points which means that you’re practically assured of an offer for Canadian permanent residence.
3. The Rural and Northern Immigration Pilot
Seeing as Other financial officers are in-demand you may be eligible to immigrate to Canada through the Rural and Northern Immigration Pilot (RNIP). There are 11 participating communities currently participating in the pilot program. You will need a valid job offer in one of the participating communities to be considered eligible to apply for Canadian permanent residency through the RNIP.
4. The Atlantic Immigration Pilot
The Atlantic Immigration Pilot allows intermediate to highly and semi-skilled foreign workers to move to Canada’s Atlantic provinces and seeing as Other financial officers are in high need in the 4 Atlantic provinces, you may be eligible to apply if you have a valid job offer for at least 1 year.
Step 4: Apply for a Financial officer Job in Canada
As a highly skilled worker, it is not a requirement that you have a job to be able to immigrate to Canada but it will make it faster. It will help with the immigration process as you can earn between 50 and 200 PR points for a valid job offer. This moves you ahead in the pool of candidates, as the more points you have the more chance you have of receiving an invitation in one of the many offer rounds made within the Canada Visa System.
Other financial officers in Canada are described as doing the following:
- Financial planners
- Develop personal financial plans for clients covering cash management finances insurance coverage investments retirement and estate planning taxes and legal matters
- Analyze clients’ financial records set goals and develop a financial strategy
- Advise clients on implementing the financial plan to help them achieve their goals
- May also arrange for the purchase and sale of financial products and investments depending on the licence held and monitor the portfolio to ensure its quality and profitability
- May help to expand business and attract new clients.
- Financial examiners and inspectors
- Review and examine banks trust companies credit unions caisses populaires credit companies real estate companies insurance companies pension funds securities brokers and other financial services and institutions to ensure compliance with governing legislation and regulations.
- Financial investigators
- Investigate possible unethical conduct or breaches of securities or commodity futures laws by persons or companies that trade in securities and commodity futures or that provide related financial services.
You can expect to see these terms in Job ads in Canada for Other financial officers along with the following common tasks, duties and responsibilities of Other financial officers in Canada.
There has never been a better time to get moving to Canada as a Financial officer.
If you are looking to apply to move to Canada in a different occupation, you can find the information on our Canada Skilled Immigration Guides page.
If you are looking for a job in Canada – you can find a guide on each occupation and the job application procedure for Canada on our Canada Job Guides index.
As mentioned above you will need to attend the Canadian Embassy nearest you during your application process to live in Canada as a Financial officer. You can find the complete list of all Canadian Embassies Worldwide here.