Home » Occupational Profiles » 11109 – Other financial officers

Other financial officers – 11109

Description

Other financial officers include professional occupations in finance such as financial examiners and inspectors, financial investigators, financial underwriters, mortgage brokers and trust officers. They are employed by banks, trust companies, investment firms and governments, or they may be self-employed.

Job Titles

  • Bank inspector
  • Credit adjudicator
  • Credit unions examiner
  • Financial compliance officer
  • Financial institutions examiner

Main Duties

  • 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.

Workplaces

  • Banks
  • Governments
  • Investment firms
  • Self-employed
  • Trust companies

Skills

  • Critical Thinking
  • Evaluation
  • Monitoring
  • Systems Analysis
  • Decision Making

Abilities

  • Deductive Reasoning
  • Mathematical Reasoning
  • Numerical Ability
  • Categorization Flexibility
  • Inductive Reasoning

Personal Attributes

  • Analytical Thinking
  • Attention to Detail
  • Collaboration
  • Independence
  • Leadership

Similar Occupations

  • Insurance, real estate and financial brokerage managers (10020)
  • Banking, credit and other investment managers (10021)
  • Advertising, marketing and public relations managers (10022)
  • Other business services managers (10029)
  • Financial and investment analysts (11101)
  • Securities agents, investment dealers and brokers (11103)
  • Economist (in 41401.00 Economists and economic policy researchers and analysts)
  • Economic development officer (in 41402.00 Business development officers and market researchers and analysts)
Source: OaSIS

Employment Outlook

The employment outlook will be moderate for Other financial officers (11109) in Prince Edward Island for the 2022-2024 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new positions.
  • Not many positions will become available due to retirements.
  • There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Other financial officers in Prince Edward Island:

  • Less than 200 people work in this occupation.
  • Other financial officers mainly work in the following sectors:
    • Monetary Authorities – central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): more than 95%
  • The educational attainment of workers in this occupation is:
    • no high school diploma: n/a
    • high school diploma or equivalent: n/a
    • apprenticeship or trades certificate or diploma: n/a
    • college certificate or diploma or university certificate below bachelor’s: n/a
    • bachelor’s degree: 56% compared to 17% for all occupations
    • university certificate, degree or diploma above bachelor level: n/a
Source: Job Bank

Prevailing Wages

AREALOWMEDIANHIGH
PEIN/AN/AN/A
Canada$21.63$35.71$71.79
Source: Labour Force Survey (2022)

Training

There are no known training programs for this occupation in PEI. If you are aware of a local training program, please contact us.

View the full occupational profile with details on work characteristics, interests, employment requirements and more on the Occupational and Skills Information System (OaSIS) website.

There are currently no job listings for this occupation on WorkPEI.

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