NOC 11103: Securities agents, investment dealers and brokers
What securities agents, investment dealers and brokers do
Securities agents and investment dealers buy and sell stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers, banks, trust companies, insurance firms and other establishments. Brokers buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers. They are employed by investment companies, stock brokerage firms, stock and commodity exchanges and other establishments in the securities industry.
Main duties
This group performs some or all of the following duties:
- Securities agents and investment dealers
- Develop long-term relationships with their clients by preparing investment strategies to help them achieve their financial goals, offering advice and information on various investments to guide them in managing their portfolios
- Review financial periodicals, stock and bond reports, business publications and other material, and develop a network within the financial industry to gather relevant information and identify potential investments for clients
- Carry out investment orders by buying and selling stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers or companies such as banks, trust companies and insurance firms
- Monitor clients' investment portfolios and ensure that investment transactions are carried out according to industry regulations.
- Brokers
- Buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers
- Develop trading strategies by reviewing investment information and monitoring market conditions from the exchange floor and through contact with trading departments of other investment firms, pension fund managers and investment company financial analysts
- Make bids and offers to buy and sell securities and complete details of sales on exchange trade tickets
- Prepare reviews of portfolios' positions.
Job titles under NOC 11103
38 job titles are classified here, including bond dealer, broker, commodity broker.
- annuity representative - investments
- arbitrager
- bond broker
- bond dealer
- bond trader
- broker
- commodity broker
- commodity trader
- discount broker
- equity trader
- financial broker
- floor trader - commodity exchange
- foreign exchange dealer
- foreign exchange trader
- futures trader
- grain broker
- grain broker - commodity trading
- grain trader
- independent floor trader
- investment broker
- investment dealer
- investment representative
- money market trader
- mutual fund broker
Employment requirements
- A bachelor's or master's degree in economics, business or other discipline is usually required.
- A recognized financial designation may be required (CFA, CFP, CIM or others).
- Securities sales representatives and brokers require completion of industry investment and sales training programs and completion of licensing courses such as the Canadian Securities Course and the Conduct and Practices Handbook Course offered by the Canadian Securities Institute, or acceptable alternatives such as completion of one or more levels of the CFA Program, offered by CFA Institute.
- Specialized courses are also available for securities sales representatives and brokers who want to trade in specific investment products such as securities options and futures contracts.
- Licensure by the provincial securities commission in the province of employment or a recognized self-regulatory organization is required for securities agents, investment dealers and brokers.
Securities agents, investment dealers and brokers wages in Canada
Low, median and high hourly wages from Job Bank’s 2025 wage data. Annual figures assume full-time work (1,950 hours a year).
| Where | Low | Median | High |
|---|---|---|---|
Canada | $24.00/hr | $42.56/hr | $88.21/hr |
Toronto ON | $21.54/hr | $47.18/hr | $88.94/hr |
Montréal QC | $23.13/hr | $40.21/hr | $73.65/hr |
Vancouver Lower Mainland region, BC | $30.00/hr | $38.46/hr | $69.71/hr |
Calgary AB | $29.88/hr | $61.40/hr | $109.43/hr |
Edmonton AB | $24.47/hr | $48.12/hr | $77.36/hr |
Winnipeg MB | $23.73/hr | $41.04/hr | $71.29/hr |
Québec City Quebec region, QC | $23.15/hr | $38.97/hr | $69.33/hr |
Hamilton Hamilton–Niagara Peninsula region, ON | $27.26/hr | $46.09/hr | $84.49/hr |
Kitchener-Waterloo Kitchener–Waterloo–Barrie region, ON | $25.33/hr | $38.10/hr | $74.92/hr |
London ON | $25.50/hr | $38.26/hr | $67.51/hr |
Victoria Vancouver Island and Coast region, BC | $27.33/hr | $39.49/hr | $75.31/hr |
| Where | Low | Median | High |
|---|---|---|---|
Nova Scotia | $31.49/hr | $39.08/hr | $56.41/hr |
Quebec | $23.15/hr | $38.97/hr | $69.33/hr |
Ontario | $22.00/hr | $43.59/hr | $84.61/hr |
Manitoba | $21.92/hr | $42.75/hr | $84.53/hr |
Saskatchewan | $24.44/hr | $40.66/hr | $75.29/hr |
Alberta | $26.96/hr | $57.29/hr | $113.56/hr |
British Columbia | $30.00/hr | $38.46/hr | $69.71/hr |
Using NOC 11103 for your resume or Express Entry profile
- IRCC asks you to make sure the main duties listed for your NOC match what you actually did at your job. If they don’t, look for another unit group whose duties do.
- Describe your own work in your own words. Recruiters and ATS software look for concrete tools, results and scope, not text copied from the NOC.
- Applying from outside Canada? Run your resume through the Canadian resume format checker to catch things Canadian employers don’t expect, like a photo or date of birth.
- Use the job title the employer’s posting uses. The 38 titles above are how the same work is named across employers.
Not in this group
Similar jobs classified under a different NOC code:
- Financial and investment analysts (NOC 11101)
- Financial brokerage manager (NOC 10020)
- Other financial officers (NOC 11109)
Frequently asked questions
What is the NOC code for securities agents, investment dealers and brokers?
Securities agents, investment dealers and brokers are NOC 2021 unit group 11103. Example job titles in this group include bond dealer, broker, commodity broker, discount broker.
What TEER is NOC 11103?
NOC 11103 is TEER 1 (University degree). Usually requires a university degree (bachelor’s, master’s or doctorate), or experience from a related TEER 2 occupation. TEER 0, 1, 2 and 3 work counts as skilled work experience for Express Entry’s Federal Skilled Worker and Canadian Experience Class programs.
How much do securities agents, investment dealers and brokers earn in Canada?
Job Bank's 2025 wage data puts the median at $42.56/hr, about $83,000 a year full-time, with a range of $24.00/hr to $88.21/hr.
Related occupations
Sources: Statistics Canada, National Occupational Classification (NOC) 2021 Version 1.0; Employment and Social Development Canada, Job Bank wages (2025). Contains information licensed under the Open Government Licence – Canada. OfferJetAI is not affiliated with the Government of Canada. Check IRCC’s NOC guidance before you apply.