1 - Business, finance, and administration occupations.
TEER
1 - Occupations usually require a university degree.
Major Group
11 - Professional occupations in finance and business.
Sub-Major Group
111 - Professional occupations in finance.
Minor Group
1110 - Auditors, accountants, and investment professionals.
Other Financial Officers are in high demand across Canada’s popular Financial and Accounting sectors. The demand for skilled workers under this TEER has been rapidly expanding post the pandemic, and this trend is expected to continue over the coming years. There will be many job opportunities available for Other Financial Officers in Canada.
The high demand for skilled workers in this field has resulted in competitive salaries and excellent benefits. Other Financial Officers can earn $53,430 to $80,778 per year, depending on experience, location, and specialization, and their wages are typically above the industry average.
Other Financial Officer roles in Canada also offer many opportunities for career advancement across sectors such as banks, trust companies, investment firms, and government. Professionals have numerous opportunities to expand their skills and take on new challenges as Other Financial Officers in Canada.
Other Financial Officers in Canada can access a wide range of benefits, including strong job security, high compensation, a supportive work environment, a direct pathway to Canadian PR, and free healthcare. Canada is known for its welcoming and diverse culture, making it a great place for individuals under this TEER to live and work.
Check Eligibility for Canada PR
What is NOC 11109 (Other Financial Officers)?
NOC 11109 – Other Financial Officers includes professionals who perform specialized financial functions not classified under other financial NOCs. They manage financial planning, compliance, risk assessment, treasury operations, and economic controls within organizations. This TEER 1 occupation is eligible for Express Entry and Provincial Nominee Programs and is in demand across multiple industries in Canada.
Related Job Titles
Here are some other job titles that are also included in the same NOC:
Credit adjudicator
Credit unions examiner
Estate and trust administrator
Financial institutions inspector
Financial investigator
Financial underwriter
Mortgage broker
Trust officer
Job Description
This group performs some or all of the following duties:
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.
Financial Underwriters
Analyze clients requests to assess risk and details of stocks, bonds, mortgages, or other financing solutions.
Negotiate with corporations, governments, or individuals to determine the type and terms of financial products and prepare to offer prospectuses or contracts.
May underwrite new issues of stocks and bonds.
Trust Officers
Administer estate, personal, charitable, corporate, and other types of trusts.
Direct trust account investments, receive and record investment income and disburse trust funds.
Mortgage Brokers
Meet with clients to obtain information about income, liabilities, and assets, and the type, price, and condition of property to be mortgaged.
Negotiate mortgage loans with lenders or lending institutions on behalf of clients.
Other Financial Officers Benefits
Benefits are the advantages employers offer in addition to wages and salaries. These can include, but are not limited to:
Employer-sponsored pension plans
Dental, medical, and life insurance plans
Leave entitlements, such as maternity, parental, or caregiver leave
Sick days and vacation days
Payroll taxes, such as employer contributions to the Employment Insurance program and the Canada Pension Plan (CPP) or Quebec Pension Plan (QPP)
Other Financial Salary Prospects
Community/Area
Low ($/hour)
Median ($/hour)
High ($/hour)
Canada
24.04
38.46
66.67
Alberta
25.00
41.03
76.92
British Columbia
24.04
41.00
71.79
Manitoba
24.00
33.33
47.00
New Brunswick
24.58
35.73
54.82
Newfoundland and Labrador
24.67
34.44
63.51
Northwest Territories
N/A
N/A
N/A
Nova Scotia
22.86
34.08
58.16
Nunavut
N/A
N/A
N/A
Ontario
23.00
36.92
66.46
Prince Edward Island
N/A
N/A
N/A
Quebec
24.95
37.82
61.58
Saskatchewan
32.00
42.97
72.12
Yukon Territory
N/A
N/A
N/A
Job Openings - Other Financial Officers (NOC 11109)
Over the period 2024-2033, new job openings for Other Financial Officers are expected to total 21,300, while 24,600 new job seekers are expected to be available to fill them. Immigrants from India seeking Other Financial Officer jobs in Canada may find it easier to secure employment under TEER 11109.
