Financial sales representatives
Classification
Sales & service
6 › 63 › 631 › 6310
Definition
Financial sales representatives sell basic deposit, investment and loan products and services to individuals and businesses. They work in banks, credit unions, trust companies and similar financial institutions.
Main duties
Example job titles
Overview
Under the National Occupational Classification (NOC) 2021 system, Financial sales representatives are classified under NOC code 63102. This occupation falls under TEER 3, making it an eligible pathway for various Canadian immigration programs, including the Federal Skilled Worker Program and the Canadian Experience Class (CEC) under the Express Entry system. Individuals in this role are primarily employed by banks, trust companies, credit unions, and similar financial institutions across Canada to promote and sell a variety of financial products and services.
According to the Employment and Social Development Canada (ESDC) guidelines, the key duties for NOC 63102 include opening new accounts, processing personal loan and mortgage applications, promoting financial products like mutual funds, and advising clients on personal savings plans. Employment requirements typically include the completion of secondary school and a college diploma or university degree in business, economics, or a related field. Specific industry licensing, such as the Canadian Investment Funds Course (CIFC) or Investment Funds in Canada (IFC) course, is often required for representatives who sell mutual funds.
Prospective immigrants must ensure that their past work experience closely aligns with the official ESDC lead statement and list of main duties to qualify under this code. Disclaimer: This information is for educational purposes only and does not constitute legal immigration advice. For official and personalized guidance, please consult a regulated Canadian immigration professional or legal expert.
Educational overview summarizing this occupation. Always confirm against the official NOC profile and IRCC before relying on it.
Occupation data: Statistics Canada / ESDC — National Occupational Classification (NOC) 2021.