Confused about NOC skill category - Banking related

[ssalehan]

code 6235

Hi guys,

I worked as a teller at TD for about 2.5 years before accepting a job as a Financial Services Representative. A few months into the role, they started a program that changed my title from FSR to Personal Banking Associate. Now my duties pretty much remained unchanged except for one thing, I wasn't going to be selling mutual funds. I did give my Investment Funds in Canada exam and passed, but never actually received my license but my duties did include all of these (taken from the NOC website):

• Open new personal and non-personal accounts, and provide access to automated banking machine, telephone banking and online banking services
• Interview applicants for personal, mortgage, student and business loans
• Promote the sale of deposit, investment (I was ONLY doing GICs, not mutual funds) credit and loan products and services
• Assist clients by proposing solutions to address financial objectives such as business expansion, debt management, investment and other financial goals
• Research and evaluate loan applicant's financial status, references, credit and ability to repay the loan
• Complete credit and loan documentation
• Submit credit and loan applications to branch or credit manager with recommendations for approval or rejection; or approve or reject applications within authorized limits ensuring that credit standards of the institution are respected
• Prepare statements on delinquent accounts and forward irreconcilable accounts for collector action
• Review and update credit and loan files
• Act as joint custodian for cash and securities. -- DON'T know what this one truly means..?

BUT, under
Employment requirements

• Completion of secondary school and extensive general banking experience is usually required.
• A bachelor's degree or college diploma related to commerce or economics may be required.
• A mutual funds licence is usually required. - THIS is what worries me, I did give my exam but never got my license
• Registration with the securities regulatory authority in the province or territory of employment is usually required. - Didn't do this either, cuz wasn't selling mutual funds.
• Completion of a loan or credit training program, ranging from six to twelve months, is usually required.
• Various training programs and courses are offered by the Institute of Canadian Bankers and may be required by employers.
• Financial services officers who sell regulated financial products and investments are required to be licensed by the appropriate governing body.

Will this affect things? If yes, how so? I work as a Social Media coordinator now but 6 months of my experience comes from my job as a banking associate.

 

[doge]

code 6235

Hi guys,

I worked as a teller at TD for about 2.5 years before accepting a job as a Financial Services Representative. A few months into the role, they started a program that changed my title from FSR to Personal Banking Associate. Now my duties pretty much remained unchanged except for one thing, I wasn't going to be selling mutual funds. I did give my Investment Funds in Canada exam and passed, but never actually received my license but my duties did include all of these (taken from the NOC website):

• Open new personal and non-personal accounts, and provide access to automated banking machine, telephone banking and online banking services
• Interview applicants for personal, mortgage, student and business loans
• Promote the sale of deposit, investment (I was ONLY doing GICs, not mutual funds) credit and loan products and services
• Assist clients by proposing solutions to address financial objectives such as business expansion, debt management, investment and other financial goals
• Research and evaluate loan applicant's financial status, references, credit and ability to repay the loan
• Complete credit and loan documentation
• Submit credit and loan applications to branch or credit manager with recommendations for approval or rejection; or approve or reject applications within authorized limits ensuring that credit standards of the institution are respected
• Prepare statements on delinquent accounts and forward irreconcilable accounts for collector action
• Review and update credit and loan files
• Act as joint custodian for cash and securities. -- DON'T know what this one truly means..?

BUT, under
Employment requirements

• Completion of secondary school and extensive general banking experience is usually required.
• A bachelor's degree or college diploma related to commerce or economics may be required.
• A mutual funds licence is usually required. - THIS is what worries me, I did give my exam but never got my license
• Registration with the securities regulatory authority in the province or territory of employment is usually required. - Didn't do this either, cuz wasn't selling mutual funds.
• Completion of a loan or credit training program, ranging from six to twelve months, is usually required.
• Various training programs and courses are offered by the Institute of Canadian Bankers and may be required by employers.
• Financial services officers who sell regulated financial products and investments are required to be licensed by the appropriate governing body.

Will this affect things? If yes, how so? I work as a Social Media coordinator now but 6 months of my experience comes from my job as a banking associate.

One more thing that I would like to point out is that Bank Teller falls under 1434 which is in the C category and does not count. You'd better try making CIC think that you are not a teller and choose a proper NOC code and job description.

 

[ssalehan]

One more thing that I would like to point out is that Bank Teller falls under 1434 which is in the C category and does not count. You'd better try making CIC think that you are not a teller and choose a proper NOC code and job description.

Sorry I can only see one of your replies, but to respond to this one, I'm not planning on mentioning the time as a teller in my one year experience history. It will be the time I worked as an FSR.

 

[vittga1]

Sorry I can only see one of your replies, but to respond to this one, I'm not planning on mentioning the time as a teller in my one year experience history. It will be the time I worked as an FSR.

Hey, I’m going through the same situation. Were you able to sort this out? Did you apply for PR already?

 

[aaa_y]

code 6235

Hi guys,

I worked as a teller at TD for about 2.5 years before accepting a job as a Financial Services Representative. A few months into the role, they started a program that changed my title from FSR to Personal Banking Associate. Now my duties pretty much remained unchanged except for one thing, I wasn't going to be selling mutual funds. I did give my Investment Funds in Canada exam and passed, but never actually received my license but my duties did include all of these (taken from the NOC website):

• Open new personal and non-personal accounts, and provide access to automated banking machine, telephone banking and online banking services
• Interview applicants for personal, mortgage, student and business loans
• Promote the sale of deposit, investment (I was ONLY doing GICs, not mutual funds) credit and loan products and services
• Assist clients by proposing solutions to address financial objectives such as business expansion, debt management, investment and other financial goals
• Research and evaluate loan applicant's financial status, references, credit and ability to repay the loan
• Complete credit and loan documentation
• Submit credit and loan applications to branch or credit manager with recommendations for approval or rejection; or approve or reject applications within authorized limits ensuring that credit standards of the institution are respected
• Prepare statements on delinquent accounts and forward irreconcilable accounts for collector action
• Review and update credit and loan files
• Act as joint custodian for cash and securities. -- DON'T know what this one truly means..?

BUT, under
Employment requirements

• Completion of secondary school and extensive general banking experience is usually required.
• A bachelor's degree or college diploma related to commerce or economics may be required.
• A mutual funds licence is usually required. - THIS is what worries me, I did give my exam but never got my license
• Registration with the securities regulatory authority in the province or territory of employment is usually required. - Didn't do this either, cuz wasn't selling mutual funds.
• Completion of a loan or credit training program, ranging from six to twelve months, is usually required.
• Various training programs and courses are offered by the Institute of Canadian Bankers and may be required by employers.
• Financial services officers who sell regulated financial products and investments are required to be licensed by the appropriate governing body.

Will this affect things? If yes, how so? I work as a Social Media coordinator now but 6 months of my experience comes from my job as a banking associate.

Hey!! this happens to me too... do you get you PR successfully using PBA position?

 

[aaa_y]

Hey, I’m going through the same situation. Were you able to sort this out? Did you apply for PR already?

same here! any updates?