NOC 11101 – Financial and investment analysts

NOC Version: NOC 2021 Version 1.0

Position Summary for NOC 11101 – Financial and investment analysts

NOC 11101 – Financial and Investment Analysts in Canada are professionals who conduct financial analysis and assessments for businesses, investment firms, and other organizations to guide investment decisions, assess financial risks, and provide insights on financial forecasting. Their role involves analyzing industry trends, preparing financial models, and providing recommendations on investment strategies and portfolio management.

Job Titles Specific for NOC 11101 in Canada

  • Financial Analyst
  • Investment Analyst
  • Securities Analyst
  • Equity Research Analyst
  • Portfolio Analyst
  • Corporate Financial Analyst
  • Financial Risk Analyst
  • Market Analyst
  • Credit Analyst
  • Investment Fund Analyst.

Main Responsibilities common for NOC 11101 in Canada

  • Analyzing Financial Statements: Examining company financial statements to assess their financial status and performance.

  • Market Research: Conducting detailed market research to understand industry trends and economic conditions that may impact investments.

  • Investment Analysis: Evaluating investment opportunities to determine their potential risks and returns.

  • Portfolio Management: Assisting in the management of investment portfolios, making recommendations for portfolio adjustments based on market conditions and client objectives.

  • Financial Modeling: Developing financial models to forecast future financial scenarios and aid in decision-making processes.

  • Risk Assessment: Identifying and analyzing financial risks associated with investments and strategies.

  • Reporting: Preparing reports and presentations to communicate financial analysis and recommendations to clients or management.

  • Regulatory Compliance: Ensuring compliance with relevant regulations and laws in financial and investment activities.

  • Client Consultation: Advising clients or management on investment strategies, asset allocation, and financial planning.

  • Collaborating with Teams: Working closely with other financial professionals, like accountants and fund managers, to develop cohesive financial strategies and solutions.

Job Requirements for NOC 11101 in Canada

  • Educational Background: A bachelor’s degree in finance, economics, business administration, or a related field is typically required. A master’s degree or higher qualifications can be advantageous.

  • Certifications: Relevant certifications such as the Chartered Financial Analyst (CFA) designation may be preferred or required.

  • Experience: Several years of experience in financial analysis, investment research, or a related field. The specific number of years can vary based on the role’s complexity and seniority level.

  • Analytical Skills: Strong analytical abilities to interpret financial data and market trends.

  • Technical Proficiency: Proficiency in financial modeling, statistical analysis, and the use of financial analysis software.

  • Communication Skills: Excellent written and verbal communication skills for reporting and advising clients or stakeholders.

  • Attention to Detail: High attention to detail and accuracy in financial forecasting and analysis.

  • Regulatory Knowledge: Familiarity with the financial regulatory environment in Canada and international financial regulations as applicable.

  • Problem-Solving Skills: Ability to identify financial risks and opportunities and develop strategic solutions.

  • Teamwork and Collaboration: The capacity to work effectively in a team environment and collaborate with other financial professionals.

  • Continuing Education: Willingness to stay updated with the latest financial trends, tools, and regulatory changes through ongoing education and professional development.

Median Hourly Wages by Provinces

  • Overall Canada: $42.00
  • Alberta: $48.00
  • British Columbia: $45.00
  • Manitoba: $38.00
  • New Brunswick: $40.00
  • Newfoundland and Labrador: $35.00
  • Nova Scotia: $39.00
  • Ontario: $44.00
  • Prince Edward Island: $33.00
  • Quebec: $39.00
  • Saskatchewan: $42.00

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