Finance, banking & insurance Jobs in Canada

Interested Job Profile

Why Work in the Finance, Banking & Insurance in Canada

1. Strong and Stable Industry

Canada’s finance, banking, and insurance sectors are among the most stable in the world. The country’s prudent regulatory environment has helped its financial institutions remain resilient even during global economic downturns. This stability provides job security and long-term career prospects.

2. Competitive Salaries and Benefits

Professionals in these sectors enjoy competitive compensation packages. Roles in banking, finance, and insurance often come with performance bonuses, retirement plans, extended healthcare benefits, and opportunities for career progression.

3. Global Opportunities

Canada’s financial institutions have global reach. Working in this sector offers opportunities to engage with international markets, clients, and even relocate or travel for work. This global exposure can be invaluable for career growth.

4. Technological Innovation

The Canadian finance industry is rapidly adopting FinTech solutions, AI, blockchain, and data analytics. This makes it an exciting sector for tech-savvy professionals who want to be at the forefront of innovation in financial services.

5. Diverse Career Paths

From accounting and risk management to investment banking, actuarial science, and insurance underwriting, the sector offers a wide range of career paths for individuals with different skill sets and educational backgrounds.

6. Inclusive and Multicultural Work Environment

Canadian financial institutions are known for fostering diversity and inclusion. Many employers actively support multicultural workplaces and offer programs to ensure equitable opportunities for employees from various backgrounds.

7. High Demand for Skilled Talent

There is consistent demand for skilled professionals in areas like data analysis, cybersecurity, compliance, financial planning, and customer service. This demand opens doors for both new graduates and experienced professionals.

8. Government Support and Regulation

Canada’s financial sector is well-supported by regulatory frameworks that ensure ethical practices and consumer protection. This enhances trust in the industry and ensures professionals operate in a well-regulated and transparent environment.

Creative Finance, Banking & Insurance in Canada for International Candidates

1. A Gateway to Global Finance

Canada is a global financial hub with strong ties to international markets. For international candidates, this means a chance to work at the intersection of global commerce, investment, and innovation. Cities like Toronto, Montreal, and Vancouver host major financial institutions that operate on a global scale.

2. Welcoming Talent from Around the World

Canadian employers in the finance, banking, and insurance sectors actively seek international talent to bring fresh perspectives and global experience. With inclusive hiring practices and supportive immigration pathways like Express Entry and the Global Talent Stream, Canada opens its doors to skilled professionals worldwide.

3. A Culture of Professional Growth

Canada’s financial institutions are not just places to work—they’re environments that cultivate learning and advancement. Whether through on-the-job training, professional certifications, or mentorship programs, international candidates are given the tools to succeed and grow.

4. English and French Opportunities

Bilingual skills are highly valued, especially in regions like Quebec. International professionals who speak English, French, or both are well-positioned to thrive in Canada’s dual-language economy, expanding both career and networking opportunities.

5. Tech-Driven Transformation

FinTech is revolutionizing how Canadians manage money. From mobile banking to digital insurance platforms and AI-based risk assessments, tech is reshaping the sector. International professionals with skills in data analytics, cybersecurity, and digital strategy are in especially high demand.

6. Recognition of International Credentials

Canadian regulatory bodies and employers often recognize international degrees and certifications, especially when supported by credential assessment (such as WES). This allows newcomers to transition more smoothly into roles matching their qualifications.

7. Pathways to Permanent Residency

A career in finance or insurance can be more than just a job—it can be a pathway to permanent residency. These sectors often qualify for immigration programs prioritizing skilled workers, offering international candidates a long-term future in Canada.

8. Ethical Standards and Transparency

Canada’s financial sector is known for its strong ethical standards, accountability, and regulatory oversight. For international professionals, this creates a trustworthy and fair workplace culture where compliance and integrity are central values.

Types of Finance, Banking & Insurance Jobs in Canada

1. Financial Analyst

Financial Analysts help companies and investors make informed decisions by analyzing market trends, financial statements, and investment opportunities. These roles are common in banks, investment firms, and corporations.

2. Accountant

Accountants manage financial records, prepare tax filings, and ensure regulatory compliance. Chartered Professional Accountants (CPAs) are in high demand across both public and private sectors in Canada.

3. Investment Banker

Investment Bankers advise corporations on mergers, acquisitions, and raising capital. These high-pressure roles are often found in major financial centres like Toronto.

4. Financial Advisor / Planner

Financial Advisors assist individuals and businesses in managing their finances, savings, investments, and retirement planning. Many work with banks, wealth management firms, or as independent consultants.

5. Commercial Banker

Commercial Bankers provide banking services to businesses, including loans, credit lines, and financial advice. They play a key role in supporting Canadian small and medium enterprises (SMEs).

6. Risk Manager

Risk Managers assess and manage financial, operational, and market risks within organizations. These professionals are especially important in banking, insurance, and investment firms.

7. Insurance Underwriter

Underwriters evaluate insurance applications and determine coverage terms and pricing. They work with life, health, property, and auto insurance products across both public and private providers.

8. Claims Adjuster / Claims Examiner

Claims professionals investigate and process insurance claims to determine coverage and payout amounts. They work in life, health, and property & casualty insurance sectors.

9. Actuary

Actuaries use mathematics and statistics to analyze financial risk, especially for insurance companies and pension plans. Actuarial roles are highly specialized and well-compensated in Canada.

10. Compliance Officer

Compliance Officers ensure that financial institutions adhere to legal regulations and internal policies. These roles are essential to maintaining Canada’s strong financial reputation.

11. Credit Analyst

Credit Analysts evaluate the creditworthiness of individuals or businesses applying for loans. These roles are common in banks, credit unions, and lending institutions.

12. Treasury Analyst

Treasury Analysts manage an organization’s cash flow, liquidity, and financial risk. They work closely with senior finance teams to support budgeting and investment strategies.

13. Mortgage Advisor / Broker

Mortgage professionals help clients secure home loans and navigate real estate financing. With Canada’s dynamic housing market, these roles are in steady demand.

Average Salary of Top 20 Job Profile of Finance, Banking & Insurance in Canada

Job Title	Avg. Salary (CAD/year)	Approx. USD/year	Approx. INR/year
Financial Analyst	70,000	51,100	4,270,000
Accountant	65,000	47,450	3,965,000
Investment Banker	110,000	80,300	6,710,000
Financial Advisor	75,000	54,750	4,575,000
Commercial Banker	85,000	62,050	5,185,000
Risk Manager	95,000	69,350	5,795,000
Insurance Underwriter	70,000	51,100	4,270,000
Claims Adjuster	65,000	47,450	3,965,000
Actuary	105,000	76,650	6,405,000
Compliance Officer	80,000	58,400	4,880,000
Credit Analyst	68,000	49,640	4,148,000
Treasury Analyst	75,000	54,750	4,575,000
Mortgage Advisor	72,000	52,560	4,392,000
Financial Controller	100,000	73,000	6,100,000
Portfolio Manager	110,000	80,300	6,710,000
Wealth Manager	95,000	69,350	5,795,000
Budget Analyst	70,000	51,100	4,270,000
Auditor	75,000	54,750	4,575,000
Loan Officer	60,000	43,800	3,660,000
Banking Operations Manager	90,000	65,700	5,490,000

Job Eligibility to Work in Finance, Banking & Insurance in Canada for International Job Applicants.

Eligibility Criteria	Details
Work Permit / PR Status	Must have a valid Canadian work permit or permanent residency. Jobs are typically not open to those without legal work authorization.
Education Requirements	A bachelor’s degree in finance, accounting, business, economics, or a related field is commonly required.
Professional Certifications	Depending on the role, credentials like CPA (Chartered Professional Accountant), CFA (Chartered Financial Analyst), or CSC (Canadian Securities Course) may be required or preferred.
Language Proficiency	Proficiency in English (and sometimes French, especially in Quebec) is required. IELTS or CELPIP scores may be needed for immigration purposes.
Credential Assessment (ECA)	International degrees may need to be evaluated by a recognized agency like WES for educational equivalence in Canada.
Experience Requirements	Many mid- to senior-level roles require 2–5 years of relevant work experience. Entry-level roles may accept recent graduates.
Knowledge of Canadian Regulations	Understanding Canadian financial, tax, and insurance regulations is often expected, especially for advisory or compliance roles.
Technology & Software Skills	Familiarity with tools like Excel, QuickBooks, SAP, or banking/insurance CRM software can be a strong asset.
Background Check	Many financial and insurance jobs require a clean criminal background and credit history check.
Licensing (where applicable)	Certain roles, such as insurance advisors or mortgage brokers, require provincial licensing (e.g., LLQP for life insurance).
Soft Skills	Strong communication, analytical thinking, problem-solving, and customer service skills are essential.
Networking and Referrals	Building a professional network through LinkedIn, industry events, or professional groups can improve job prospects.

General Roles and Responsibilities in Finance, Banking & Insurance Jobs in Canada with 20 Job Profiles

Job Title	General Roles and Responsibilities
Financial Analyst	Analyze financial data, prepare reports, forecast trends, support investment and budgeting decisions.
Accountant	Manage financial records, prepare tax returns, ensure compliance with accounting standards.
Investment Banker	Advise on mergers, acquisitions, and capital raising; create financial models and pitch books.
Financial Advisor	Guide clients on investments, retirement, savings, and insurance options based on financial goals.
Commercial Banker	Manage business client accounts, assess loan applications, and provide financial solutions.
Risk Manager	Identify, evaluate, and mitigate financial and operational risks across the organization.
Insurance Underwriter	Evaluate insurance applications, assess risks, determine policy terms and pricing.
Claims Adjuster	Investigate insurance claims, assess damages, negotiate settlements, ensure policy compliance.
Actuary	Use statistical models to assess financial risk, mainly for insurance, pension, and investment planning.
Compliance Officer	Ensure the organization complies with financial regulations, conduct audits, and implement policies.
Credit Analyst	Evaluate credit reports, assess borrower risk, and make recommendations for loan approvals.
Treasury Analyst	Manage company cash flow, monitor liquidity, and analyze financing options.
Mortgage Advisor	Advise clients on mortgage options, assist with applications, and liaise with lenders.
Financial Controller	Oversee accounting operations, develop financial strategies, and ensure accurate reporting.
Portfolio Manager	Manage investment portfolios, analyze market conditions, and develop investment strategies.
Wealth Manager	Provide high-net-worth clients with personalized financial planning and asset management.
Budget Analyst	Prepare budget reports, monitor spending, and provide cost-benefit analyses.
Auditor	Examine financial statements, ensure accuracy and compliance, and identify discrepancies.
Loan Officer	Evaluate and process personal and business loan applications, assess creditworthiness.
Banking Operations Manager	Supervise daily banking operations, ensure service efficiency, and oversee branch compliance.

General Job Eligibility to work in Finance, Banking & Insurance in Canada with 20 Job Profiles

Job Title	Education Required	Certifications / Licenses	Experience Required	Other Requirements
Financial Analyst	Bachelor's in Finance/Economics/Business	CFA (preferred)	1–3 years	Strong analytical & Excel skills
Accountant	Bachelor's in Accounting/Commerce	CPA (required or in progress)	1–2 years	Knowledge of Canadian GAAP and tax laws
Investment Banker	Bachelor's/MBA in Finance or related field	CFA (preferred)	2–5 years	Experience in M&A, modeling, and deal execution
Financial Advisor	Bachelor's in Finance/Business	MFDA, IIROC license	1–3 years	Excellent communication & client relationship skills
Commercial Banker	Bachelor's in Business/Finance	None required, MBA preferred	2+ years	B2B relationship management experience
Risk Manager	Bachelor’s in Risk Management/Finance	FRM (preferred)	3–5 years	Knowledge of Canadian financial regulations
Insurance Underwriter	Bachelor’s in Finance/Insurance	CIP (preferred)	1–3 years	Strong decision-making and risk assessment skills
Claims Adjuster	College diploma or Bachelor’s in Insurance	CIP / Licensing per province	1–2 years	Investigation and customer service skills
Actuary	Degree in Mathematics/Statistics	ASA/FSA via SOA (required)	2+ years	Advanced math, modeling, and analytical skills
Compliance Officer	Bachelor’s in Law/Finance/Business	CAMS, CRCM, or similar (preferred)	2–4 years	Familiarity with AML, FATCA, and regulatory frameworks
Credit Analyst	Bachelor's in Finance/Economics	None required	1–2 years	Experience with credit scoring & risk models
Treasury Analyst	Bachelor’s in Accounting/Finance	CTP (Certified Treasury Professional)	1–3 years	Understanding of cash management & liquidity
Mortgage Advisor	College or Bachelor's in Business/Finance	Provincial Mortgage Agent License	1–2 years	Client-focused, sales-oriented
Financial Controller	Bachelor’s in Accounting/Finance	CPA (required)	5–7 years	Strong leadership & financial reporting experience
Portfolio Manager	Bachelor’s/Master’s in Finance	CFA (required)	5+ years	Experience managing investments and high-net-worth clients
Wealth Manager	Bachelor’s in Finance/Economics	CFP, CFA (preferred)	3–5 years	Client acquisition and investment advisory experience
Budget Analyst	Bachelor’s in Accounting/Finance	None required	1–3 years	Budgeting and forecasting skills
Auditor	Bachelor’s in Accounting	CPA (required)	2+ years	Internal/external auditing and regulatory compliance experience
Loan Officer	College diploma or Bachelor's in Finance	None required	1–2 years	Customer service & credit evaluation skills
Banking Operations Manager	Bachelor’s in Business/Operations	None required	5+ years	Experience in branch/operations management and team leadership

Experience Required to work in Finance, Banking & Insurance in Canada

Job Title	Typical Experience Required	Level	Comments
Financial Analyst	1–3 years	Entry to Mid-Level	Internships and co-op placements often count towards experience
Accountant	1–3 years (post-degree)	Entry to Mid-Level	CPA designation typically pursued alongside work experience
Investment Banker	2–5 years	Mid to Senior	Often requires internships + analyst experience
Financial Advisor	1–3 years	Entry to Mid-Level	Sales experience is highly valued
Commercial Banker	2–4 years	Mid-Level	Requires B2B client handling experience
Risk Manager	3–5 years	Mid to Senior	Experience in corporate risk or financial institutions preferred
Insurance Underwriter	1–3 years	Entry to Mid-Level	On-the-job training or internships may count
Claims Adjuster	1–2 years	Entry-Level	Industry certifications like CIP helpful
Actuary	2–4 years (post-education)	Mid-Level	Requires exam progress with SOA or CIA
Compliance Officer	2–4 years	Mid-Level	Background in finance law, AML, or audit preferred
Credit Analyst	1–2 years	Entry-Level	Experience in loan assessment or finance preferred
Treasury Analyst	2–3 years	Mid-Level	Cash management or corporate finance background required
Mortgage Advisor	1–3 years	Entry to Mid-Level	Sales or financial service experience essential
Financial Controller	5–7 years	Senior-Level	Leadership and full-cycle accounting experience needed
Portfolio Manager	5+ years	Senior-Level	Must show proven investment track record
Wealth Manager	3–5 years	Mid to Senior	Requires financial planning and client advisory experience
Budget Analyst	1–3 years	Entry to Mid-Level	Public sector or corporate budgeting background preferred
Auditor	2–4 years	Mid-Level	Internal or external audit firm experience (e.g., Big Four firms) preferred
Loan Officer	1–2 years	Entry-Level	Financial sales or lending background helpful
Banking Operations Manager	5+ years	Senior-Level	Requires experience managing teams and operations in financial institutions

Top Hiring Companies in Canada of International Candidates in Finance, Banking & Insurance

Company	Industry Segment	Notes for International Candidates
Royal Bank of Canada (RBC)	Banking, Wealth Management	Offers programs for newcomers, hires globally for finance, tech, and advisory roles
Toronto-Dominion Bank (TD)	Retail & Commercial Banking	Known for inclusive recruitment and international graduate programs
Scotiabank	Banking, Investment Banking	Actively recruits international talent and supports global mobility
Bank of Montreal (BMO)	Personal & Commercial Banking	Has international hiring programs and a focus on diversity and inclusion
CIBC	Retail Banking, Capital Markets	Offers "Newcomer to Canada" career programs and supports work-permit holders
Manulife Financial	Insurance, Wealth Management	Hires for finance, risk, compliance, and data roles; supports international applicants
Sun Life Financial	Insurance & Investments	Known for global teams; hires actuaries, underwriters, analysts
Intact Financial Corporation	Property & Casualty Insurance	Canada’s largest P&C insurer; supports diversity hiring
Desjardins Group	Banking & Insurance (Quebec)	Bilingual opportunities; French is often required for roles in Quebec
Deloitte Canada	Financial Advisory, Consulting	Globally recognized firm; hires international graduates with ECA-verified credentials
KPMG Canada	Audit, Tax, Advisory	Runs global mobility and international campus recruitment programs
PwC Canada	Finance, Risk & Assurance	Accepts foreign-educated professionals; values CPA/CFA credentials
EY Canada (Ernst & Young)	Finance, Risk & Consulting	Recruits international professionals with tech, audit, and financial experience
HSBC Canada	Global Banking & Finance	Hires globally; great for international finance professionals with multi-lingual skills
Canada Life	Insurance & Wealth Planning	Hires actuaries, advisors, and claims professionals; supportive of credential transfers
Brookfield Asset Management	Investment Management	Global firm with offices in Toronto; values international finance experience
CPP Investments	Public Investment Fund	Known for hiring globally for finance, economics, and risk management roles
Questrade Financial Group	Online Brokerage, FinTech	Tech-forward financial firm open to international tech and finance applicants
Equitable Bank	Digital Banking	Growth-focused bank open to tech-savvy international applicants
MCAP	Mortgage Finance	One of Canada’s largest independent mortgage finance companies; hires newcomers