NOC 63102 Financial sales representatives
Canada is making some significant changes to its Immigration National Occupation Classification system.
The current NOC List is currently being updated. As a result, the details for NOC 6235 Financial sales representatives has changed to the following:
NOC 6235 has become Noc 63102
NOC 63102 replaces NOC 6235 for the job title of Financial sales representatives
Will this change affect me?
The new 2021 NOC codes will likely impact Express Entry and PNP candidates, especially those with occupations previously at NOC Skill Level B.
Financial sales representatives applicants need to identify which occupation, or NOC code, their work falls under. Making the correct choice of NOC is therefore a vital part of a successful Canadian Immigration project.
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Why has NOC 6235 changed to NOC 63102?
Every seven to ten years Canadian Immigration adjusts the National Occupation Classification Code to reflect changes in immigration and the economy. It also reflects the broader needs of employers and the overall nature of work in Canada. The NOC is developed and maintained between Statistics Canada (STC) and Employment and Social Development Canada (ESDC).
In 2021 a new National Occupation Code index was announced. This new 2021 NOC List replaces all previous versions of the Canadian NOC List.
The old Skill Levels were based on four categories; Skill Level A, B, C, D.
These have been replaced with levels of Training, Education, Experience and Responsibility (TEER).
Every NOC Code and Occupation now has a TEER level for Immigration purposes rather than one of the traditional Skill Levels.
What’s changed for the job title Financial sales representatives?
The old NOC structure (NOC 2016) for NOC 6235 was categorized based on Skill Level. Level.
The old level of 6235 Financial sales representatives “is Skill Level B which means the requirement is two to three years of post-secondary education at community college, institute of technology or CÉGEP, or Two to five years of apprenticeship training. Alternatively, three to four years of secondary school and more than two years of on-the-job training, occupation-specific training courses or specific work experience may be acceptable.”.
The new NOC structure for Financial sales representatives uses the NOC Code 63102 and the Skill requirement of “Completion of a post-secondary education program of less than two years at community college, institute of technology or CÉGEP; or Completion of an apprenticeship training program of less than two years; or More than six months of on-the-job training, training courses or specific work experience with some secondary school education; or Several years of experience in a related occupation from TEER 4 (when applicable).”
NOC 63102 Summary
NOC 63102 was previously 6235
The job title for both 63102 and 6235 is now Financial sales representatives
The TEER level for 63102 is “Completion of a post-secondary education program of less than two years at community college, institute of technology or CÉGEP; or Completion of an apprenticeship training program of less than two years; or More than six months of on-the-job training, training courses or specific work experience with some secondary school education; or Several years of experience in a related occupation from TEER 4 (when applicable).”
The level of demand in Canada for the role remains Huge
Canada Visa Options for NOC 63102
There are a number of Canada Visa options for NOC 6235. These include:
Federal Skilled Visas
Canadian Experience Class
Is NOC 63102 in demand in Canada
Financial sales representatives
This means that currently, according to Statistics Canada, the role of Financial sales representatives in Canada currently has more jobs advertised than available candidates. It is anticipated that over the next 18 to 24 months the Canadian Skills shortage for the National Occupation Code 63102 will be filled by highly skilled and motivated newcomers to Canada.