NOC 11109 · TEER Level 1

Trust officers

Trust officers administer trusts, direct trust investments and disburse trust funds.

Also known as:estate and trust administratorestate executortrust officerAML Director (Anti-Money Laundering Director)Anti Money Laundering Investigator (AML Investigator)Bank Compliance OfficerBank ExaminerBank Secrecy Act Anti-Money Laundering Officer (BSA/AML Officer)BSA Analyst (Business Systems Analyst)BSA Officer (Bank Secrecy Act Officer)BSA Specialist (Bank Secrecy Act Specialist)
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Good

Market Demand

school

TEER 1

Skill Level

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QC, BC, NS

Top Provinces

What They Do

  • Administer estate, personal, charitable, corporate and other types of trusts
  • Direct trust account investments, receive and record investment income and disburse trust funds.

Qualifications

  • checkA bachelor's degree in business administration, commerce, economics or a related field is usually required.
  • checkVarious 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.
  • checkA recognized financial designation may be required (CFA, CIM or others).

Market Outlook by Province

QC

Quebec

The employment outlook will be Good for other financial officers (NOC 11109) in Quebec for the 2025-2027 period.The following factors contributed to this outlook:Employment growth will lead to several new positions.Not many positions will become available due to retirements.There are a small number of unemployed workers with recent experience in this occupation.Here are some key facts about other financial officers in Quebec: Approximately 6,300 people work in this occupation. Other financial officers mainly work in the following sectors: Finance, insurance, real estate and leasing (NAICS 52, 53): 87% The distribution of full-time and part-time workers in this occupation is:Full-time workers: 93% compared to 82% for all occupationsPart-time workers: 7% compared to 18% for all occupations81% of other financial officers work all year, while 19% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 43 weeks for all occupations.19% of other financial officers are self-employed compared to an average of 12% for all occupations.The gender distribution of people in this occupation is: Men: 38% compared to 52% for all occupations Women: 62% compared to 48% for all occupations The educational attainment of workers in this occupation is: no high school diploma: less than 5% compared to 12% for all occupations high school diploma or equivalent: 13% compared to 19% for all occupations apprenticeship or trades certificate or diploma: 8% compared to 19% for all occupations college certificate or diploma or university certificate below bachelor's: 28% compared to 22% for all occupations bachelor's degree: 35% compared to 17% for all occupations university certificate, degree or diploma above bachelor level: 14% compared to 11% for all occupations

Good

Outlook

BC

British Columbia

The employment outlook will be Moderate for other financial officers (NOC 11109) in British Columbia for the 2025-2027 period.The following factors contributed to this outlook:Employment growth will lead to a moderate number of new positions.Not many positions will become available due to retirements.There are a small number of unemployed workers with recent experience in this occupation.Demand for this occupation is driven by business need for financial oversight, compliance with new and complex regulations, and financial analysis to improve profitability and efficiency.Here are some key facts about other financial officers in British Columbia: Approximately 7,100 people work in this occupation. Other financial officers mainly work in the following sectors: Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 82% The distribution of full-time and part-time workers in this occupation is:Full-time workers: 89% compared to 78% for all occupationsPart-time workers: 11% compared to 22% for all occupations80% of other financial officers work all year, while 20% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.46% of other financial officers are self-employed compared to an average of 17% for all occupations.The gender distribution of people in this occupation is: Men: 48% compared to 52% for all occupations Women: 52% compared to 48% for all occupations The educational attainment of workers in this occupation is: no high school diploma: less than 5% compared to 8% for all occupations high school diploma or equivalent: 20% compared to 28% for all occupations apprenticeship or trades certificate or diploma: 9% compared to 13% for all occupations college certificate or diploma or university certificate below bachelor's: 23% compared to 17% for all occupations bachelor's degree: 34% compared to 22% for all occupations university certificate, degree or diploma above bachelor level: 13% compared to 12% for all occupations

Moderate

Outlook

NS

Nova Scotia

The employment outlook will be Moderate for other financial officers (NOC 11109) in Nova Scotia for the 2025-2027 period.The following factors contributed to this outlook:Employment growth will lead to a moderate number of new positions.A moderate number of positions will become available due to retirements.There are a small number of unemployed workers with recent experience in this occupation.Here are some key facts about other financial officers in Nova Scotia: Approximately 650 people work in this occupation. Other financial officers mainly work in the following sectors: Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 80% The distribution of full-time and part-time workers in this occupation is:Full-time workers: 92% compared to 82% for all occupationsPart-time workers: 8% compared to 18% for all occupations79% of other financial officers work all year, while 21% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.25% of other financial officers are self-employed compared to an average of 11% for all occupations.The gender distribution of people in this occupation is: Men: 43% compared to 51% for all occupations Women: 56% compared to 49% for all occupations The educational attainment of workers in this occupation is: no high school diploma: less than 5% compared to 10% for all occupations high school diploma or equivalent: 21% compared to 27% for all occupations apprenticeship or trades certificate or diploma: 5% compared to 12% for all occupations college certificate or diploma or university certificate below bachelor's: 16% compared to 22% for all occupations bachelor's degree: 44% compared to 20% for all occupations university certificate, degree or diploma above bachelor level: 13% compared to 10% for all occupations

Moderate

Outlook

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Immigration Pathways

TEER 1 occupations typically require a university degree and qualify for Express Entry. These are high-priority for STEM and healthcare category draws.

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Express Entry (FSW)

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Provincial Nominee Programs

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Category-Based Draws

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Top Companies Hiring

Organizations with the most NOC 11109 openings right now.

Eqbank

Eqbank

10 active roles · Toronto, ON · Oakville, ON

Firstnationa

Firstnational

9 active roles · Montreal, QC · Toronto, ON

nesto

nesto

4 active roles · Montreal, QC · Vancouver, BC

Nesto Group

Nesto Group

4 active roles · Vancouver, BC · Toronto, ON

CMLS Financi

CMLS Financial

4 active roles · Vancouver, BC

First Nation

First National

3 active roles · Montreal, QC

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