11103

Securities agents, investment dealers and brokers

TEER 1 — Usually require a university degree

Express Entry skill level: Yes
Regulated in Québec: Yes
In demand in Manitoba: Yes

Classification

Business, finance & administration

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Definition

Securities agents and investment dealers buy and sell stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers, banks, trust companies, insurance firms and other establishments. Brokers buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers. They are employed by investment companies, stock brokerage firms, stock and commodity exchanges and other establishments in the securities industry.

Main duties

This group performs some or all of the following duties:
Securities agents and investment dealers
Develop long-term relationships with their clients by preparing investment strategies to help them achieve their financial goals, offering advice and information on various investments to guide them in managing their portfolios
Review financial periodicals, stock and bond reports, business publications and other material, and develop a network within the financial industry to gather relevant information and identify potential investments for clients
Carry out investment orders by buying and selling stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers or companies such as banks, trust companies and insurance firms
Monitor clients' investment portfolios and ensure that investment transactions are carried out according to industry regulations.
Brokers
Buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers
Develop trading strategies by reviewing investment information and monitoring market conditions from the exchange floor and through contact with trading departments of other investment firms, pension fund managers and investment company financial analysts
Make bids and offers to buy and sell securities and complete details of sales on exchange trade tickets
Prepare reviews of portfolios' positions.

Example job titles

•bond dealer
•broker
•commodity broker
•discount broker
•floor trader - commodity exchange
•foreign exchange trader
•investment dealer
•mutual fund broker

Overview

Under the National Occupational Classification (NOC) 2021, NOC 11103 covers securities agents, investment dealers, and brokers. This TEER 1 occupation includes professionals who buy and sell stocks, bonds, mutual funds, and other securities on behalf of individual investors, pension funds, banks, and other financial institutions. They are typically employed by investment companies, brokerage firms, and stock exchanges across Canada.

Main duties for this role involve advising clients on investment strategies, executing buy and sell orders, and monitoring financial markets. To qualify under NOC 11103, candidates generally require a bachelor's degree in economics, commerce, or a related field. Additionally, licensing by a provincial securities commission and completion of relevant Canadian Securities Institute (CSI) courses, such as the Canadian Securities Course (CSC), are mandatory for practice in Canada.

As a TEER 1 occupation, NOC 11103 is eligible for Canada's Express Entry system under the Federal Skilled Worker Program. Candidates must meet all specific program criteria, language proficiency levels, and educational credential assessments to qualify. Disclaimer: This information is for educational purposes only and does not constitute legal advice. For official guidelines, please consult Immigration, Refugees and Citizenship Canada (IRCC) and Employment and Social Development Canada (ESDC).

Educational overview summarizing this occupation. Always confirm against the official NOC profile and IRCC before relying on it.

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Occupation data: Statistics Canada / ESDC — National Occupational Classification (NOC) 2021.