NOC 63102: Financial sales representatives
What financial sales representatives do
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
This group performs some or all of the following duties:
- Open new personal and non-personal accounts, and provide access to automated banking machine, telephone banking and online banking services
- Interview applicants for personal, mortgage, student and business loans
- Promote the sale of deposit, investment, credit and loan products and services
- Assist clients by proposing solutions to address financial objectives such as business expansion, debt management, investment and other financial goals
- Research and evaluate loan applicant's financial status, references, credit and ability to repay the loan
- Complete credit and loan documentation
- Submit credit and loan applications to branch or credit manager with recommendations for approval or rejection; or approve or reject applications within authorized limits ensuring that credit standards of the institution are respected
- Prepare statements on delinquent accounts and forward irreconcilable accounts for collector action
- Review and update credit and loan files
- Act as joint custodian for cash and securities.
Job titles under NOC 63102
38 job titles are classified here, including credit officer, financial services officer, financial services representative.
- banking accounts officer
- commercial banking accounts officer
- consumer credit officer
- consumer loans officer
- credit analyst
- credit investigation officer
- credit investigator
- credit officer
- debt counsellor
- financial sales and service officer
- financial sales and service supervisor
- financial services officer
- financial services representative
- key accounts specialist
- lending services officer
- lending services trainee
- loan inspector
- loan officer
- loans adviser
- loans agent
- loans analyst
- loans counsellor
- loans supervisor
- merchant services specialist - financial
Employment requirements
- Completion of secondary school and extensive general banking experience is usually required.
- A bachelor's degree or college diploma related to commerce or economics may be required.
- A mutual funds licence is usually required.
- Registration with the securities regulatory authority in the province or territory of employment is usually required.
- Completion of a loan or credit training program, ranging from six to twelve months, is usually required.
- Various training programs and courses are offered by the Canadian Securities Institute and may be required by employers.
- Financial services officers who sell regulated financial products and investments are required to be licensed by the appropriate governing body.
Financial sales representatives 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 | $21.00/hr | $31.88/hr | $53.85/hr |
Toronto ON | $20.00/hr | $30.67/hr | $57.69/hr |
Montréal QC | $24.04/hr | $28.50/hr | $41.42/hr |
Vancouver Lower Mainland region, BC | $22.00/hr | $34.46/hr | $54.95/hr |
Calgary AB | $20.00/hr | $32.67/hr | $57.69/hr |
Edmonton AB | $15.50/hr | $31.79/hr | $43.96/hr |
Ottawa ON | $22.61/hr | $30.69/hr | $45.04/hr |
Winnipeg MB | $16.00/hr | $26.67/hr | $42.05/hr |
Québec City Quebec region, QC | $22.00/hr | $31.55/hr | $53.85/hr |
Hamilton Hamilton–Niagara Peninsula region, ON | $20.00/hr | $31.79/hr | $56.41/hr |
Kitchener-Waterloo Kitchener–Waterloo–Barrie region, ON | $21.05/hr | $28.79/hr | $45.73/hr |
London ON | $23.50/hr | $28.85/hr | $48.08/hr |
Halifax NS | $17.77/hr | $25.64/hr | $48.08/hr |
Victoria Vancouver Island and Coast region, BC | $21.00/hr | $33.42/hr | $46.15/hr |
Saskatoon Saskatoon–Biggar region, SK | $23.08/hr | $32.82/hr | $62.50/hr |
Regina Regina–Moose Mountain region, SK | $22.17/hr | $30.56/hr | $40.87/hr |
| Where | Low | Median | High |
|---|---|---|---|
Newfoundland and Labrador | $16.00/hr | $28.21/hr | $51.28/hr |
Nova Scotia | $17.77/hr | $25.64/hr | $48.08/hr |
New Brunswick | $18.00/hr | $28.21/hr | $45.67/hr |
Quebec | $22.00/hr | $31.55/hr | $53.85/hr |
Ontario | $20.00/hr | $31.79/hr | $56.41/hr |
Manitoba | $18.00/hr | $28.85/hr | $42.74/hr |
Saskatchewan | $18.41/hr | $30.77/hr | $50.38/hr |
Alberta | $20.00/hr | $32.67/hr | $57.69/hr |
British Columbia | $22.50/hr | $34.46/hr | $52.88/hr |
Using NOC 63102 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:
- Banking, insurance and other financial clerks (NOC 14201)
- Customer services representatives - financial institutions (NOC 64400)
- Loan and credit manager - banking or trust company (NOC 10021)
- Other financial officers (NOC 11109)
Frequently asked questions
What is the NOC code for financial sales representatives?
Financial sales representatives are NOC 2021 unit group 63102. Example job titles in this group include credit officer, financial services officer, financial services representative, loan officer.
What TEER is NOC 63102?
NOC 63102 is TEER 3 (College or apprenticeship (under 2 years)). Usually requires a college program or apprenticeship of less than 2 years, or more than six months of on-the-job training. 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 financial sales representatives earn in Canada?
Job Bank's 2025 wage data puts the median at $31.88/hr, about $62,000 a year full-time, with a range of $21.00/hr to $53.85/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.