National Occupational Classification, TEER 1
NOC 11103: Securities agents, investment dealers and brokers
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. Below are the main duties, all 38 job titles it covers, what it means for Express Entry and what it pays in each province.
Updated
- Official NOC 2021 data
- Job Bank wages
What is NOC 11103?
NOC 11103 is the code for securities agents, investment dealers and brokers in the National Occupational Classification (NOC) 2021. Job titles in this group include bond dealer, broker, commodity broker and discount broker. It is a TEER 1 occupation (usually a university degree), so it counts as skilled work for the Federal Skilled Worker Program and the Canadian Experience Class. The Job Bank median wage across Canada is $42.56 an hour.
- NOC code
- 11103
- TEER
- 1: University degree
- Broad category
- Business, finance and administration occupations
- Express Entry
- Skilled (TEER 0 to 3)
- Category draws
- None
- Median wage
- $42.56 an hour
Job titles under NOC 11103
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 job titles
- bond dealer
- broker
- commodity broker
- discount broker
- floor trader - commodity exchange
- foreign exchange trader
- investment dealer
- mutual fund broker
- mutual fund sales representative
- registered investment representative
- registered representatives supervisor
- securities agent
- securities sales agent
- securities trader
- stockbroker
All 38 job titles in the NOC index
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, mutual fund sales agent, mutual fund sales representative, options trader, registered investment representative, registered representatives supervisor, securities agent, securities representative, securities sales agent, securities salesman/woman, securities trader, stock exchange floor trader, stockbroker, stocks and bonds trader, trust services salesman/woman.
Main duties of NOC 11103
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.
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.
Additional information
- Progression to related management positions is possible with experience.
Is NOC 11103 eligible for Express Entry?
Yes for the programs that need skilled work: TEER 1 is in the TEER 0 to 3 range IRCC accepts.
| Program or draw | NOC 11103 |
|---|---|
| Federal Skilled Worker Program | Counts as skilled work (TEER 0 to 3) |
| Canadian Experience Class | Counts as skilled work (TEER 0 to 3) |
| Federal Skilled Trades Program | Not a listed trade |
| Occupation category draws (2026) | Not on any occupation list |
| French-language proficiency (category draw) | Open to any occupation with NCLC 7 in French |
Read how TEER categories work and the full list of NOC codes in each 2026 category draw. Category draws also need at least 12 months of full-time work (or the same amount part-time) in one listed occupation within the past 3 years.
How much does NOC 11103 pay?
Job Bank wages for this occupation, per hour. Low and high are, in most cases, the 10th and 90th percentiles, so 8 in 10 workers earn somewhere between them.
| Area | Low | Median | High |
|---|---|---|---|
| Canada | $24.00 | $42.56 | $88.21 |
| Nova Scotia | $31.49 | $39.08 | $56.41 |
| Quebec | $23.15 | $38.97 | $69.33 |
| Ontario | $22.00 | $43.59 | $84.61 |
| Manitoba | $21.92 | $42.75 | $84.53 |
| Saskatchewan | $24.44 | $40.66 | $75.29 |
| Alberta | $26.96 | $57.29 | $113.56 |
| British Columbia | $30.00 | $38.46 | $69.71 |
Source: Job Bank, Employment and Social Development Canada (Job Bank 2025 wages, revised November 19, 2025), data from 2023-2024 (Labour Force Survey). Wages for job offers in LMIA and provincial programs are compared with these figures, so check the current numbers on Job Bank before you rely on them.
Using NOC 11103 duties on your resume
Canadian resumes do not list NOC codes. Employers read your job titles, what you did and what came of it. The NOC duties are still a useful checklist: if you did these tasks, say so in your own words and add the numbers that prove it.
For Express Entry, the reference letter from your employer should describe the duties you really performed, in line with this lead statement and most of the main duties, without copying the NOC text word for word. The free reference letter generator checks your duties against NOC 11103 as you write.
- Start each bullet with a strong verb and end it with a result: how many, how often, how fast.
- Use the job title your employer used, even if the NOC title is different.
- Keep immigration details such as your NOC code and permit type off the resume.
Turn my duties into a resume Free to start, no card.
Where this information comes from
Occupation codes, titles and descriptions are adapted from Statistics Canada, National Occupational Classification (NOC) 2021 Version 1.0. This does not constitute an endorsement by Statistics Canada of this product.
Wages come from Job Bank, Employment and Social Development Canada (Job Bank 2025 wages, revised November 19, 2025). Contains information licensed under the Open Government Licence – Canada.
Express Entry rules come from Immigration, Refugees and Citizenship Canada (IRCC): the program pages for the Federal Skilled Worker Program, the Canadian Experience Class and the Federal Skilled Trades Program, and the category-based selection page as modified on June 22, 2026.
Frequently asked questions
What is the NOC code for a bond dealer?
NOC 11103, Securities agents, investment dealers and brokers, a TEER 1 occupation in NOC 2021.
What TEER is NOC 11103?
TEER 1. Usually a university degree. The TEER is the second digit of the code. See all TEER categories.
Is NOC 11103 eligible for Express Entry?
Yes. As a TEER 1 occupation it counts as skilled work for the Federal Skilled Worker Program and the Canadian Experience Class. You still have to meet every other requirement, and your duties must match the NOC description.
Is NOC 11103 in an Express Entry category-based draw?
No. It is not on any 2026 occupation list. The French-language proficiency category is open to any occupation if you reach NCLC 7 in French. See every category.
How much does NOC 11103 pay in Canada?
The Job Bank median across Canada is $42.56 an hour, with most wages between $24.00 and $88.21. Pay varies by province: see the table above.
Where is the official description?
On the Statistics Canada and ESDC NOC site: search 11103 in NOC 2021 Version 1.0. This page shows the same text, from the open data Statistics Canada publishes.
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More on NOC codes and Canadian resumes
- NOC Code Finder: Describe your duties and get your NOC 2021 code, TEER and Express Entry eligibility. Free.
- NOC Codes Canada: Full List: All 516 NOC 2021 codes with their TEER, duties and wages.
- TEER Categories Explained: What TEER 0 to 5 means, which count for Express Entry, and every job in each one.
- Express Entry Category Draws: NOC Codes: Every NOC code on the 2026 healthcare, STEM, trades, education and other lists.
- Canadian Resume Examples by Job: Real examples for cashiers, caregivers, trades, tech, students and more.
- Newcomer Resume Guide: Turn international experience into a resume Canadian employers understand.