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OaSIS 2025 Version 1.0
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11109.03 – Financial Underwriters

Underwriters provide services related to the issuing of new stocks, bonds and securities.

Overview

Example job titles

  • Financial underwriter
  • Mortgage underwriter

Core competencies

  • Critical Thinking and Decision Making to assess the potential risks and rewards associated with new securities, determining values and whether to proceed with issuance
  • Evaluation and Systems Analysis to assess how well securities meet market demands and regulatory requirements
  • Mathematical Reasoning and Numerical Ability to evaluate the financial metrics of new securities, such as pricing, yield calculations and risk assessments
  • Selective Attention to ensure all aspects of the securities offering are meticulously reviewed, including documentation, compliance with regulations and financial projections
  • Attention to Detail to ensure that all aspects of the securities offering, including documentation, compliance with regulations and financial projections, are meticulously reviewed
  • Knowledge in Finance to correctly understand the financial health of issuers, price securities and ensure offerings comply with financial regulations and market standards

Main duties

This group performs some or all of the following duties:

  • Analyze clients requests to assess risk and details of stocks, bonds, mortgages or other financing solutions
  • Negotiate with corporations, governments or individuals to determine the type and terms of financial products and prepare offering prospectuses or contracts
  • May underwrite new issues of stocks and bonds.

Additional information

  • While these kinds of positions require a high degree of training and qualifications, persons who occupy them must continually update their skills and pursue professional development.
  • Progression to financial management positions is possible with experience.

Similar occupations classified elsewhere

Exclusions:

NOC hierarchy breakdown

NOC version

NOC 2021 Version 1.0

Broad occupational category

1 – Business, finance and administration occupations

TEER

1 – Occupations usually require a university degree

Major group

11 – Professional occupations in finance and business

Sub-major group

111 – Professional occupations in finance

Minor group

1110 – Auditors, accountants and investment professionals

Unit group

11109 – Other financial officers

Occupational profile

11109.03 – Financial Underwriters

O*NET in-it

This page includes information from the O*NET 27.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. Employment and Social Development Canada has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.