00012

Senior managers - financial, communications and other business services

TEER 0 — Management occupations

Express Entry skill level: Yes
Regulated in Québec: No
In demand in Manitoba: No

Classification

Legislative & senior management

0 › 00 › 000 › 0001

Definition

Senior managers in financial, communications and other business services are usually appointed by a board of directors, to which they report. They work either alone or in conjunction with the board of directors to develop and establish objectives for the company, and to develop or approve policies and programs. They plan, organize, direct, control and evaluate, through middle managers, the operations of their organization in relation to established objectives. They work in establishments throughout the telecommunications, finance, insurance, real estate, and data processing, hosting and related services industries as well as other business service industries or they may own and operate their own business.

Main duties

This group performs some or all of the following duties:
Determine the company's mission and strategic direction as conveyed through policies and concrete objectives which are met through the effective management of human, financial and material resources
Authorize and organize the establishment of major departments and associated senior staff positions
Allocate material, human and financial resources to implement organizational policies and programs; establish financial and administrative controls; formulate and approve promotional campaigns; and approve overall human resources planning
Select middle managers, directors or other executive staff; delegate the necessary authority to them and create optimum working conditions
Represent the organization, or delegate representatives to act on behalf of the organization, in negotiations or other official functions.
Senior managers in this unit group may specialize in areas such as finance, marketing or human resources or in a particular service area.

Example job titles

•advertising agency president
•bank president
•chief executive officer (CEO) - telephone company
•chief financial officer (CFO) - advertising agency
•chief operating officer - engineering firm
•computing services company president
•credit union executive director
•executive vice-president - real estate agency

Overview

Under the National Occupational Classification (NOC) 2021 system, NOC code 00012 encompasses Senior managers in financial, communications, and other business services. These high-level executives plan, organize, direct, control, and evaluate the operations of organizations within these sectors through middle managers. Typical employers include banks, trust companies, insurance firms, telecommunications companies, marketing agencies, and business consulting operations.

In accordance with Employment and Social Development Canada (ESDC) guidelines, professionals in this category are responsible for formulating organization policies, establishing strategic objectives, and authorizing material and human resources. To qualify for immigration under this TEER 0 category, applicants typically require a university degree in business administration, commerce, or a related discipline, alongside extensive experience as a middle manager within a corresponding sector.

Candidates with experience under NOC 00012 may be eligible for Canadian permanent residency through federal programs aligned with the Express Entry system, such as the Federal Skilled Worker Program, as well as various Provincial Nominee Programs (PNPs). Disclaimer: This information is for educational purposes only and does not constitute legal advice. For official guidelines, consult Immigration, Refugees and Citizenship Canada (IRCC) or a regulated Canadian immigration professional.

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

Commonly confused codes

00014Senior managers - trade, broadcasting and other services

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