Job requirements Personal Trust Officer in Canada
National Occupational Classification update
We have updated this page to reflect the transition to the 2021 version of the National Occupational Classification (NOC). This means that the occupation "personal trust officer" was moved from the group Other financial officers (NOC 1114) to the group Other financial officers (NOC 11109).
Find out what you typically need to work as a personal trust officer in Canada. These requirements are applicable to all Other financial officers (NOC 11109).
Employment requirements
This is what you typically need for the job.
- A bachelor's degree in business administration, commerce, economics or a related field is usually required.
- Various training programs and courses are offered by financial institutes and organizations, such as the Canadian Securities Institute, Institute of Canadian Bankers, CFA Institute, Investment Funds Institute and Trust Companies Institute of Canada, and may be required by employers.
- A recognized financial designation may be required (CFA, CIM or others).
- Financial examiners and inspectors may require a recognized accounting designation.
- Mortgage brokers require a mortgage broker licence in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Newfoundland and Labrador and Nova Scotia.
Source National Occupational Classification
Professional certification and licensing
You might need to get a certification from a regulatory authority before you start working. Find out if this occupation is regulated in your province or territory.
| Location | Job title | Regulation | Regulatory body |
|---|---|---|---|
| Alberta | Mortgage Associate; Mortgage Broker | Regulated | Real Estate Council of Alberta |
| Manitoba | Underwriter | Regulated | Manitoba Securities Commission, Real Estate Division |
| Mortgage Broker | Regulated | Manitoba Securities Commission - Real Estate Division | |
| New Brunswick | Mortgage Associate | Regulated | Commission des services financiers et des services aux consommateurs |
| Mortgage Broker | Regulated | Financial and Consumer Services Commission | |
| Nova Scotia | Mortgage Broker | Regulated | Service Nova Scotia and Municipal Relations, Public Enquiries - Service Nova Scotia |
| Ontario | Mortgage Agent | Regulated | Financial Services Commission of Ontario |
| Mortgage Broker | Regulated | Financial Services Commission of Ontario | |
| Saskatchewan | Mortgage Broker | Regulated | Saskatchewan Financial Services Commission |
Do you want to work in another province or territory?
If you are already certified to work in a regulated occupation in your province or territory, it will be easier for you to have your certification recognized in another province or territory. See the Workers Mobility's website to learn more.
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