Financial analysts are in very high demand in Canada & you might be able to secure a Canadian Permanent Residency Visa with or without an employment offer. Moreover, there are many individuals like you who intend to move to Canada as a financial analyst. 

Well, the main reason for immigration is the monetary aspect of the economy. Thus, the issues of finance & financial breakdown to understand the economic growth of every sector in Canada is what drives the government as well as employers to embrace financial analysts from foreign nations who are skilled enough to work in Canada. 

Today, we will discuss how you can move to Canada as a financial analyst, the type of jobs, primary duties, & much more. So, without further ado, let us begin!

Role Of Financial Analysts In Canada 

There is no dearth of finance-related jobs in Canada. However, people intend to move to Canada as a financial analyst because of the following reasons. 

First, financial analysts gather data & analyze financial information, like economic forecasts, trading volumes, & the movement of capital, a company’s financial background, historical performances, future trends of stocks, etc.   

In addition, their studies & evaluations cover takeover bids, private placements, & mergers/ acquisitions. 

However, financial analysts are employed by many companies throughout the private & public sectors, like banks, brokerage houses, insurance companies, utility companies, underwriting firms, etc. 

Types Of Jobs Done By Financial Analysts In Canada 

If you intend to move to Canada as a financial analyst, you can work under any of the titles mentioned below: 

  • corporate investment adviser
  • assistant financial analyst
  • senior planning and return analyst
  • bond analyst
  • chartered financial analyst
  • mutual fund analyst
  • cost financial analyst
  • finance and commercial affairs analyst
  • financial services economic analyst
  • securities analyst
  • junior financial analyst
  • financial services research associate
  • financial analysis consultant
  • fiscal projections consultant
  • investment analyst
  • financial analyst
  • money market analyst
  • senior investment officer
  • senior financial analyst
  • senior planning and yield analyst
  • portfolio manager
  • regional financial analyst
  • securities research analyst
  • investment consultant

Primary Duties Of A Financial Analyst In Canada 

People who wish to move to Canada as a financial analyst have several duties to perform. They are: 

  • Evaluate financial risks and prepare financial forecasts, & other documents concerning capital management.
  • Plan short-term & long-term cash flows & assess financial performance.
  • Analyze investment projects. 
  • Advise & participate in the finance aspects of contracts & calls for tender.
  • Follow up on finance-related projects with financial backers.
  • Prepare a risk profile for debt portfolios.
  • Assist in preparing operating & investment budgets. 
  • And lastly, develop, implement, & utilize tools for managing & analyzing financial portfolios.  

Employment Requirements To Move To Canada As A Financial Analyst

Every worker in Canada must meet the following requirements in order to work in Canada. 

  • Language 

You must provide a language proficiency test to work in Canada. The test demonstrates that you can speak, read, listen, & write in any of the Canadian languages. Some of the accepted language tests include IELTS, TOEFL, and Duolingo. 

Therefore, before you can move to Canada as a financial analyst, you have to present a test result from the accepted language exams. 

  • Age 

You must be 18-35 years old in order to move to Canada as a financial analyst. Thus, if you have either passed or haven’t reached that age, it will be hard for you to immigrate to Canada as a foreigner.

  • Education 

In order to immigrate to Canada, you must complete your high school education. Moreover, to prove this, you need to get a report from the Education Credential Assessment. Without the ECA report, you cannot move to Canada. 

  • Arranged Employment 

Another factor is arranged employment. You will score more points in CRS with arranged employment. Thus, if you have the opportunity of getting a valid job offer from an employer in Canada, it is accepted. 

However, before you get an employment offer, you must meet the job’s minimum eligibility requirements. In addition, the employer should get clearance from the LMIA. 

  • Adaptability 

Your ability to adapt to Canadian weather is another key factor. You have to prove that you can survive & sustain the Canadian weather. 

  • Work Experience 

It is an important factor to consider in case you have prior work experience. This is because it shows that you have met the work experience requirements to work in Canada. 

  • Your Partner’s Skills 

Apart from your skills & work experience, the work experience, age, language proficiency, etc., of your accompanying spouse is also important & can help you move to Canada as a financial analyst. 

Ways To Move To Canada As A Financial Analyst 

Following are the immigration pathways that will help you immigrate to Canada. Select what suits you the best!

  • Express Entry 

This is the most popular & easiest way to move to Canada. This is because you have different programs under it to choose from. Thus, you can make your decision based on your qualifications & experience. 

In addition, many factors can make you score high CRS points. Meanwhile, there are three programs under this system. They are: 

  • Federal Skilled Workers Program
  • Federal Skilled Trades Program 
  • Canadian Experience Class 

  • Provincial Nominee Program 

Apart from Express Entry, every territory/ province has a provincial program for foreign workers who wish to immigrate to Canada. However, before using this program, you must meet the requirements to work in the province. 

  • Job Offer 

If you have an employment offer, you can utilize it to move to Canada as a financial analyst, as it shows that you have met the requirements for the job. However, your employer should prove that no Canadian citizen/ permanent resident can fill the position. 

  • In-Demand Jobs 

Numerous jobs in Canada are regarded as In-Demand Jobs. This implies that there are numerous vacancies in that specific position. Thus, employees are looking for foreign workers to fill vacant positions.   

Conclusion 

Moving to Canada as a financial analyst can be a meaningful & fulfilling journey. However, the process might seem to be a bit complex. But don’t worry! By selecting the suitable immigration program & fulfilling its eligibility criteria will help you effortlessly move to Canada. 

In addition, do not forget to look for employment requirements & the positions you can work in as a financial analyst. 

So, don’t wait much & begin your journey to Canada as a financial analyst.