Category: Immigration

Canada is all set to welcome at least 341,000 immigrants each year till the end of this decade to overcome its twin problem of aging demography & low birth rate. 

The job market in Canada to absorb talented and skilled professionals like Financial & Investment Analyst is ever in-demand. Here is a comprehensive to help you migrate to Canada. 

Types of Employers in Canada 

Financial and Investment analysts involve themselves in the collection and analysis of financial information such as economic forecasts, trading volumes and the movement of capital, financial backgrounds of companies, historical performances, and future trends of stocks, bonds, and other investment instruments. It is done to provide scientific financing advice for companies 

Immigration to Canada as a Financial analyst has a great scope in the private sector establishments including:

• banks & trust companies
• brokerage houses
• insurance & underwriting companies
• investment companies
• manufacturing firms
• utility companies

Immigration to Canada as an Investment analyst is employed primarily by brokerage houses and trust companies. There is equally a good scope for self-employed Investment Analysts in Canada. 

Various job titles recognized under NOC list code 1112

Skilled professionals like Financial & Investment Analysts all across the world stand an excellent chance to migrate to Canada under various job titles recognized under NOC list code 1112 such as tabulated below:    

Related occupation under different NOC list code

• NOC 4163: Economic Development Officers, (included with business development officers and marketing researchers and consultants)
• NOC 4162: Economists
• NOC 1113: Securities Agents, Investment Dealers, and Brokers

Migrate to Canada as a Financial & Investment Analyst

Financial & Investment Analysts over the world are eligible to migrate to Canada for better work opportunities & a high standard of living. Amongst 80+ economic immigration programs, Express Entry for Canada Residency is the most popular among most categories of foreign immigrants. 

Express Entry for Canada is not a visa class but an online database of interested candidates for a permanent residency visa. To migrate as a Financial & Investment Analyst, the Federal Skilled Worker visa and Provincial Nominee Program that is linked to the Express Entry system can be your most viable option. 

Each profile in the Express Entry system is scored & ranked on the basis of the Comprehensive Ranking System ( CRS) that factors in core human capital like age, education, work experience, language proficiency in English or French. Apart from it, a valid job offer before immigration, spouse adaptability skills or a provincial nomination may fetch you additional points towards the overall CRS score. 

To improve your CRS score or to know more options for Canadian immigration, take this free online assessment now!

Average salary of Financial & Investment Analysts in Canada

It is usual for a typical Financial & Investment Analyst in Canada to earn around CA $50,000 to $70,000 annually. It may exceed CA$92,000 in some regions. Below tabulated in region-wise average hourly wage: 

Employment requirements for Financial & Investment Analysts in Canada

A bachelor’s degree in commerce, business administration or economics and on-the-job training and industry courses and programs are mandatory for such occupation in Canada. 

Employers may also ask for:

• A master’s degree in business administration (MBA) (concentration in finance) or in finance; or
• The Chartered Investment Analyst (CFA) designation, available through a program conducted by the Institute of Chartered Investment Analysts in the United States, may be required by some employers; or
• Canadian Investment Manager (CIM) designation from the Canadian Securities Institute (CSI)

Job duties of Financial & Investment Analysts in Canada:

Financial Analysts in Canada are required to perform the following duties:

• Project analysis– Analyze the outlay projects and calculate varied financial risk, prepare financial forecasts, other documents concerned with capital management, and write reports and recommendations
• Financial planning– Plan short- and long-term cash flows and evaluate financial performance. Advise in the financial aspects of contracts and tenders to follow on with financing projects with financial backers
• They develop, implement and use tools for managing and analyzing financial portfolio

Investment Analysts in Canada are expected to perform the following duties:

• Documentation: The investment analysts usually prepare the company’s industrial and economic outlooks, the logical reports.
• Back-date analysis: They examine the financial and investment information collected earlier in detail, including profiles of various organizations,
• Projections: They assign investment advice and recommendations to clients, senior company officials, pension fund managers, securities agents, and associates

Successful economic immigration to date in Canada has led to positive implications for immigration such as a supportive attitude towards immigration among natives, improved national economy, etc. Therefore, the scope for immigration as a Financial & Investment Analyst in Canada is tremendous and worth the shot. 

Contact CanApprove, a registered ICCRC immigration consultant to kick start your process of Canadian immigration. 

For More Details:

Contact : +91-422-4980255 (India)/+971 54 996 5308 (Dubai)

Email : enquiry@canapprove.com

Canada is expected to repeat its success in welcoming over 341,000 new immigrants last year alone. Supervisors, general office and administrative support workers and aspirants aiming for similar job occupations are expected to make the most out of the increased immigration targets and liberal economic immigration policies in 2020 too. 

Various job titles under NOC list code 1211

Supervisors, General Office & Administrative Support workers earn upto CA $60,000 per year in Canada. Here is an excellent opportunity for you to chase your dream by immigrating to Canada.

Mentioned above are only a few job titles that are covered under the NOC list code 1211. There may be other job titles that are covered under the NOC code list 1211. 

Required NOC Skill level B 

The category of job title in the discussion contains occupations that are concerned with providing financial and business services, administrative and regulatory services and clerical supervision and support services. 

Canada expects NOC skill level B to be eligible for such an occupation. Eligible and interested candidates looking for skilled work, technical occupations and having college diplomas or technical training fall NOC skill level B. 

Similar jobs under different NOC list code

Canada NOC list code has specified nearly the following types of occupations under the administrative service workers. 

• Administrative and financial supervisors and administrative occupations, 
• Finance, insurance, and related business administrative occupations, 
• Office support occupations,
• Distribution, tracking, and scheduling co-ordination occupations.

Take this free online assessment to determine your eligibility for Canada under NOC 1211 & other similar occupations.

Employment requirements in Canada

• Completion of secondary school is mandatorily required.
• Completion of diploma/college courses related to area supervised is usually required.
• Prior work experience in the occupation supervised may be required.

How to migrate to Canada under NOC list code 1211? 

It is often a misconception that the Canada Express Entry System is only for a foreign skilled professional with NOC skill level A. In fact, economic immigration programs managed by Canada Express Entry also takes into account semi-skilled workers with NOC skill level B or below. 

To begin your process of migrating to Canada, register your Express Entry profile on the IRCC web portal. Your profile will be ranked & scored against each other based on the Comprehensive Ranking System (CRS). 

The CRS score is majorly influenced by core human capital factors like age, education, work experience, language proficiency in English or French. Additional factors like a valid job offer, spouse adaptability factors, a provincial nomination may help increase your overall CRS score. 

In fact, IRCC conducts a separate specific-program Express Entry draw to facilitate easy immigration of aspirants with skill level B. Such candidates usually have low CRS scores and often are left behind high-scoring CRS candidates in the regular Express Entry draws.  

Such a specific-program Express Entry draw was conducted twice in 2019. It resulted in hundreds of semi-skilled eligible candidates with minimum CRS around the range of 340-360 to apply for permanent residence in Canada.  

Another popular alternative to Express Entry draw includes provincial nominee programs of Quebec, Ontario, Nunavut, Newfoundland & Labrador. These provinces are open to the migration of eligible candidates under the occupation in the discussion. 

Main duties of Supervisors, General Office & Administrative Support Workers in Canada

If you are planning to immigrate to Canada under the discussed occupation category, you may be required to adhere to the following duties at the workplace:  

• Co-ordination: assign and review the work of clerks engaged in the following duties: word processing; 
• Record maintenance: record keeping and filing; operating telephones and switchboards; 
• Administrator: data entry; desktop publishing; and other activities involving general office and administrative skills
• Team Planning: Establish work schedules and procedures and co-ordinate activities with other work units or departments. Resolve work-related problems and prepare and submit progress and other reports
• Orientation & Training: Train workers in job duties, safety procedures, and company policies
• Requisition supplies and materials

The entire process of applying for permanent residency in Canada may turn cumbersome when undertaken on your own. Here is where we, CanApprove, a registered ICCRC immigration consultant comes into play to make your role simple, easy and facilitate your quick immigration to Canada.   
 
Would you like to immigrate to Canada Contact us to begin your process of Canadian immigration.

For More Details:

WhatsApp : https://bit.ly/PR-Whtsp

Contact : +91-422-4980255 (India)/+971 54 996 5308 (Dubai)

Email : enquiry@canapprove.com