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Financial analysts

OaSIS code 11101.01

Financial analysts collect and analyze 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 to provide financial and investment or financing advice for their companies or their companies' clients. Their studies and evaluations cover areas such as takeover bids, private placements, merges and acquisitions.

Overview

Also known as

  • Financial analyst
  • Portfolio manager

Main duties

This group performs some or all of the following duties:

  • Evaluate financial risks, prepare financial forecasts, financing scenarios and other documents concerning capital management, and write reports and recommendations
  • Plan short- and long-term cash flows and assess financial performance
  • Analyze investment projects
  • Advise on and participate in the financial aspects of contracts and calls for tender
  • Follow up on financing projects with financial backers
  • Develop, implement and use tools for managing and analyzing financial portfolio
  • Prepare a regular risk profile for debt portfolios
  • Assist in preparing operating and investment budgets
  • Develop and update financial or treasury policies.

Additional information

  • Progression to management positions, such as securities manager, is possible with experience.

Similar occupations classified elsewhere

Exclusions:

  • Securities agents, investment dealers and brokers (11103)
  • Financial planner (in 11102.00 Financial advisors)
  • 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)

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

11101 – Financial and investment analysts

Occupational profile

11101.01 – Financial analysts

Work characteristics

Work characteristics gathers the various components describing the work environment of each occupation, such as employers, work activities, and the work context. Each category displays up to 10 descriptors in descending order based, firstly, on their attributed ratings by the level of complexity (for Work Activities) or other measurement dimensions (for Work Context), and secondly, in alphabetical order. The whole list of descriptors and their ratings can be expanded at the bottom of each page.

Work Activities

Proficiency or complexity level
Analyzing Data or Information
5 - Highest Level
Estimating the Quantifiable Characteristics
5 - Highest Level
Evaluating Information to Determine Compliance
5 - Highest Level
Identifying Objects, Actions, and Events
5 - Highest Level
Processing Information
5 - Highest Level

Work Context

Structural Job Characteristics

Structured versus Unstructured Work
Degree of freedom to determine tasks and priorities
3 - Moderate amount of freedom
Work Week Duration
Worked hours in a typical week
3 - More than 40 hours

Physical Work Environment

Physical Proximity
Physical distance from others
3 - Somewhat close (e.g. share office)

Physical Demands

Sitting
Duration
5 - All the time, or almost all the time
Standing
Duration
1 - Very little time
Bending or Twisting the Body
Duration
1 - Very little time

Interpersonal Relations

Contact with Others
Frequency
4 - Every day, a few times per day
Duration
4 - More than half the time
Work with Work Group or Team
Importance
3 - Important
Frequency
3 - Once a week or more but not every day

Workplaces/employers

  • Banks
  • Brokerage houses
  • Establishements throughout the private and public sector
  • Insurance companies
  • Investment companies
  • Manufacturing firms
  • Trust companies
  • Underwriting firms
  • Utility companies

Skills and abilities

This section displays the various competencies required for an occupation. Each category displays up to 10 descriptors in descending order based, firstly, on their attributed ratings by the level of proficiency (for Skills and Abilities) or importance (for Personal Attributes) and secondly, in alphabetical order. The whole list of descriptors and their ratings can be expanded at the bottom of each page.

Abilities

Proficiency or complexity level
Mathematical Reasoning
5 - Highest Level
Numerical Ability
5 - Highest Level
Categorization Flexibility
4 - High Level
Deductive Reasoning
4 - High Level
Fluency of Ideas
4 - High Level

Skills

Proficiency or complexity level
Digital Literacy
5 - Highest Level
Numeracy
5 - Highest Level
Critical Thinking
4 - High Level
Evaluation
4 - High Level
Management of Financial Resources
4 - High Level

Personal Attributes

Importance
Analytical Thinking
5 - Extremely important
Attention to Detail
5 - Extremely important
Stress Tolerance
5 - Extremely important
Active Learning
4 - Highly important
Adaptability
4 - Highly important