Other financial officers
Career Overview
This group includes professional occupations in finance such as financial examiners and inspectors, financial investigators, financial underwriters, mortgage brokers and trust officers.
People in this occupation:
- Are employed by banks, trust companies, investment firms and governments, or they may be self-employed
Job Titles
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:
- Underwrite new issues of stocks and bonds, negotiate with corporations and governments to determine the type and terms of new securities issued and prepare offering prospectuses
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 type, price and condition of property to be mortgaged, and negotiate mortgage loans with lenders or lending institutions on behalf of clients
Earnings
Earnings is income that workers receive in exchange for their labour. Depending on the type of employment, earnings can be in the form of wages (hourly), salaries (fixed monthly or annual) or self-employed earnings.
Work Environment
# Workers Employed
4,345% Employed Full Time
72%A conventional controlled environment such as an office, hospital or school
Career Pathways
Progression to financial management positions is possible with experience. While these kinds of positions require a high degree of training and qualifications, workers must continually update their skills and pursue professional development.
Related Careers
Occupational Interests
It’s important to understand what kinds of occupations align with your interests.
For more about occupational interests visit Skills for the Future Workforce > Characteristics.
Here are the top occupational interest(s) for this career profile:
Education, Training and Skills
- A bachelor's degree in business administration, commerce, economics or a related field is usually required
- Financial examiners and inspectors may require the Chartered Professional Accountant (CPA) 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.
Mortgage brokers and security underwriters who are certified for that occupation by a regulator elsewhere in Canada can apply for the same certification from the regulator in B.C. Under the terms of the Canadian Free Trade Agreement (CFTA), most applicants who are transferring their credentials from elsewhere in Canada will not be required to complete additional training or testing. However, the B.C. regulator may ask applicants to provide further information such as a letter of good standing, references, or criminal record check.
For those who trained outside of Canada and never received certification from any Canadian jurisdiction, a full assessment is likely needed. Most occupational regulators have a process for assessment and recognize internationally trained applicants.
Contact the BC Financial Services Authority and/or the British Columbia Securities Commission for details on how to apply for certification in B.C.
For information about labour mobility in Canada, visit www.workersmobility.ca.
View a list of Professional Regulatory Authorities in B.C.
Education programs in B.C.
Top Skills
Every job calls for a certain set of skills. Knowing those skills is the first step in finding a good career fit.
Here, you will find the 10 most relevant workplace skills. Some are more important to achieving success in a certain career than others. These skills may come naturally to you or you may need to gain them through education, training and experience.
See the list of work-related skills below, ranked in order of importance for this career. Check out the list and see if this career matches your skills—take that first step!
Understanding written sentences and paragraphs in work-related documents.
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Talking to others to share information effectively.
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Communicating effectively in writing as appropriate for the needs of the audience.
Being able to solve novel, ill-defined problems in complex, real-world settings.
Understanding how new information could be used to solve current and future problems in making decisions.
Using mathematics to solve problems.
Being aware of others’ reactions and understanding why they react as they do.
Labour Market Statistics
Discover data, facts and information that have been gathered and analyzed. Learn about the characteristics of the economy and labour market in B.C.
Employment
Find out about employment types and trends by region and industry.
Employment
4,345Employment by Region
| Region | Employment | % Employment of this Occupation |
|---|---|---|
| Cariboo | 15 | 0.3% |
| Kootenay | 50 | 1.1% |
| Mainland/Southwest | 3,325 | 76.4% |
| North Coast and Nechako | 10 | 0.2% |
| Northeast | 10 | 0.2% |
| Thompson-Okanagan | 405 | 9.3% |
| Vancouver Island/Coast | 535 | 12.3% |
Labour Market Outlook
The B.C. Labour Market Outlook is a 10-year forecast of the expected supply and demand for labour in the province. It’s usually updated every year. The purpose is to provide British Columbians with the knowledge to make informed decisions on careers, skills training, education and hiring.
Forecasted Job Openings (2024-2034)
1,860Forecasted Job Openings
Forecasted Employment Growth Rate
Composition of Job Openings
Job Openings by Region (2024-2034)
| Region | Job Openings | Avg. Annual Employment Growth |
|---|---|---|
| Cariboo | Not available | Not available |
| Kootenay | 20 | -0.1% |
| Mainland/Southwest | 1,490 | 1.3% |
| North Coast and Nechako | Not available | Not available |
| Northeast | Not available | Not available |
| Thompson-Okanagan | 150 | 0.2% |
| Vancouver Island/Coast | 200 | 0.3% |
Industry Highlights
Learn about the opportunities in B.C.'s major industries, including employment trends, earning potential, locations of work and more.
Forecasted Job Openings by Industry
| Industry | Job Openings (2024-2034) |
|---|---|
| Finance, Insurance and Real Estate | 1,620 |
| Public Administration | 100 |
| Professional, Scientific and Technical Services | 80 |
| Health Care and Social Assistance | 20 |
| Information, Culture and Recreation | 10 |
Resources
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Association of Women in Finance (AWF)www.womeninfinance.ca
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Canadian Investment Regulatory Organization (CIRO) - Career Opportunitieswww.ciro.ca/about-ciro/careers
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Mutual Fund Dealers Association of Canada (MFDA) – Career Opportunitieswww.mfda.ca/