NOC 0111 / 1111/1112/1114 ( May 2014 ) ( Joine here )

[saudkhan418]

Please advise these counts are till which dates?

The number of complete federal skilled worker applications received as of May 4, 2013

 

[sherzod]

I am not a senior but the best you can do right now is send them an email outlining your issues and follow up with constant calls until you get a response.

Thank you Godfada, I am trying....

 

[killer_AB]

No one knows until what date is the cap status updated but it reflects the number of "complete" application packages that CIC has received until June 30, 2014.

 

[stone hearted]

Hello Paddy,

bro i need your and others urgent guidance on my case:

I am working in one of the bank in risk management department. My major responsibilities include operational risk activities in risk management department. While going through the Canada's occupations category, i couldn't be able to find any category directly related to my profile. I found one occuption financial examiners under other financial officers category, which somehow relate to my job skill. But in that occupation,it is written that some accounting degree may be required and iam a finance graduate so thinking that whether i shld proceed with it or not?

In the light of above case, needs prompt guidance from all the seniors especially from those who belong to risk management field and have applied their case.

looking forward for your kind replies on it

 

[Gurdeep0878]

The number of complete federal skilled worker applications received as of May 4, 2013

Thanks,but as per spreadsheet most of the applicants from 7th May has already got PER and lastly when CAP was updated till 6th May as per few senior members? :'(

 

[Godfada]

Hello Paddy,

bro i need your and others urgent guidance on my case:

I am working in one of the bank in risk management department. My major responsibilities include operational risk activities in risk management department. While going through the Canada's occupations category, i couldn't be able to find any category directly related to my profile. I found one occuption financial examiners under other financial officers category, which somehow relate to my job skill. But in that occupation,it is written that some accounting degree may be required and iam a finance graduate so thinking that whether i shld proceed with it or not?

In the light of above case, needs prompt guidance from all the seniors especially from those who belong to risk management field and have applied their case.

looking forward for your kind replies on it

Which NOC did you see that applied to you the most. Also if you provide us with a JD we would be better able to help you.

 

[stone hearted]

my job description includes but not limited to the following:


¨ Developing & Implementing Operational Risk Management (ORM) Framework clearly defining the Bank's operational risk strategy for identification, assessment, mitigation and monitoring of Operational Risk.
¨ Developing Operational Risk Strategy of the Bank including objectives, strategies, appetite and tolerance limits
¨ Reviewing the new product proposals/policies and procedures, submitted by the business/support units of the bank for vetting from Risk Management Group, and making sure that the policies and procedures are in line with the operational risk management standards.
¨ Maintaining and updating Operational Loss Databases.
¨ Conducting bank-wide RCSA Workshops for business and support Units for identifying their inherent risks, their related controls residual risk assessment etc.
¨ Identifying Key Risk Indicators (KRIs) and developing its thresholds, maintaining its Inventory, rolling it out to business/support units for reporting.
¨ Conducting Business Lines Mapping exercise as per Basel Defined categories and devising policies with respective groups for operational risk mitigation/ transfer such as document for Business Continuity Planning, Insurance, Outsourcing etc.
¨ Establishing the process for collecting ongoing operational loss data, directly from the branches, through Web-based Portal
¨ Developing Internal Capital Adequacy Assessment Process (ICAAP) w.r.t Operational Risk Management and presenting the same to Senior Management.
¨ Calculating Bank's Operational Risk Capital Charge under BIA & TSA/ASA.
¨ Conducting Operational Risk Management awareness sessions/ workshops across the bank.
¨ Conducting Operational Risk Stress tests.
¨ Liaising with Compliance function on KYC/AML/CFT issues, FATCA Implementation etc.
¨ Generating reports which highlight the bank's operational risk profile like Reports on Fraud & Forgery Analysis, SBP Penalty, Compliance Reports, Audit Reports Review, Loss Database Collection, etc and presenting them to Senior Management/ Board Risk Committees.

 

[Godfada]

my job description includes but not limited to the following:


¨ Developing & Implementing Operational Risk Management (ORM) Framework clearly defining the Bank's operational risk strategy for identification, assessment, mitigation and monitoring of Operational Risk.
¨ Developing Operational Risk Strategy of the Bank including objectives, strategies, appetite and tolerance limits
¨ Reviewing the new product proposals/policies and procedures, submitted by the business/support units of the bank for vetting from Risk Management Group, and making sure that the policies and procedures are in line with the operational risk management standards.
¨ Maintaining and updating Operational Loss Databases.
¨ Conducting bank-wide RCSA Workshops for business and support Units for identifying their inherent risks, their related controls residual risk assessment etc.
¨ Identifying Key Risk Indicators (KRIs) and developing its thresholds, maintaining its Inventory, rolling it out to business/support units for reporting.
¨ Conducting Business Lines Mapping exercise as per Basel Defined categories and devising policies with respective groups for operational risk mitigation/ transfer such as document for Business Continuity Planning, Insurance, Outsourcing etc.
¨ Establishing the process for collecting ongoing operational loss data, directly from the branches, through Web-based Portal
¨ Developing Internal Capital Adequacy Assessment Process (ICAAP) w.r.t Operational Risk Management and presenting the same to Senior Management.
¨ Calculating Bank's Operational Risk Capital Charge under BIA & TSA/ASA.
¨ Conducting Operational Risk Management awareness sessions/ workshops across the bank.
¨ Conducting Operational Risk Stress tests.
¨ Liaising with Compliance function on KYC/AML/CFT issues, FATCA Implementation etc.
¨ Generating reports which highlight the bank's operational risk profile like Reports on Fraud & Forgery Analysis, SBP Penalty, Compliance Reports, Audit Reports Review, Loss Database Collection, etc and presenting them to Senior Management/ Board Risk Committees.

As you say, the NOC 1114 might be a fit, but the degree qualification stated there is Bus Admin, which to my knowledge, a finance degree falls under. So if its the finance degree you are worried about, i think you are fine.
However i am not sure how the JD part goes, maybe someone else can help, but my JD matched up close to 80% of what was described as it was a more specific NOC than yours. Therefore i do not want to lead you down the wrong path where your JD is concerned. But your qualifications are fine to me.

 

[outstandinguy]

Hi Stone,
You are fine in respect of your qualification.
Just ensure that JD bullet points highlighted on CIC NOC website must match 80 to 90 pct with your current JD. You see, here comes the task for you as well for VO to find mismatch in your JDs. You have to think each of the point mentioned below and then rephrase it in the light of points written in CIC NOCs.
For people like you, who are working on OR positions or any kind of risk related jobs, they are performing all tasks as per CIC NOC but could not modify their actual JDs. Try to use the terms used in CIC NOC and then rewrite your JD.

ATB!

my job description includes but not limited to the following:


¨ Developing & Implementing Operational Risk Management (ORM) Framework clearly defining the Bank's operational risk strategy for identification, assessment, mitigation and monitoring of Operational Risk.
¨ Developing Operational Risk Strategy of the Bank including objectives, strategies, appetite and tolerance limits
¨ Reviewing the new product proposals/policies and procedures, submitted by the business/support units of the bank for vetting from Risk Management Group, and making sure that the policies and procedures are in line with the operational risk management standards.
¨ Maintaining and updating Operational Loss Databases.
¨ Conducting bank-wide RCSA Workshops for business and support Units for identifying their inherent risks, their related controls residual risk assessment etc.
¨ Identifying Key Risk Indicators (KRIs) and developing its thresholds, maintaining its Inventory, rolling it out to business/support units for reporting.
¨ Conducting Business Lines Mapping exercise as per Basel Defined categories and devising policies with respective groups for operational risk mitigation/ transfer such as document for Business Continuity Planning, Insurance, Outsourcing etc.
¨ Establishing the process for collecting ongoing operational loss data, directly from the branches, through Web-based Portal
¨ Developing Internal Capital Adequacy Assessment Process (ICAAP) w.r.t Operational Risk Management and presenting the same to Senior Management.
¨ Calculating Bank's Operational Risk Capital Charge under BIA & TSA/ASA.
¨ Conducting Operational Risk Management awareness sessions/ workshops across the bank.
¨ Conducting Operational Risk Stress tests.
¨ Liaising with Compliance function on KYC/AML/CFT issues, FATCA Implementation etc.
¨ Generating reports which highlight the bank's operational risk profile like Reports on Fraud & Forgery Analysis, SBP Penalty, Compliance Reports, Audit Reports Review, Loss Database Collection, etc and presenting them to Senior Management/ Board Risk Committees.

 

[outstandinguy]

Would like to make another imp point here that never use abbreviations in your JD. especially the JD you are going to send to CIC.

All the best (ATB)

 

[stone hearted]

Thanks for reply outstanding guy and Godafada. Actually i do have finance qualification as i am MBA with majors in finance, however i was worried about the occupation category. As per your advice bros, i am once again going through the job description of 1114 and thinking that they do somehow match in general but needs to make my resume specifically to JDs required to give it a meaningful picture.

one more thing i wanna ask that on my degrees, it is not mentioned that i have finance majors but when someone goes through the transcipts, he/she may find listing of finance courses along with the regular ones. So would it be upto their requirement or i need to take any certificate from my university mentioning that i have been specialized in finance during m MBA studies.

 

[smsp]

Hi, I just want to know what is the best occupation to apply. As of today, I think Im best under NOC 1114 - other financial officer (interbanking arrangement officers). Below are my three job descriptions with my current employer:

1ST JOB TITLE: LIQUIDITY AND RESERVES MANAGEMENT OFFICER
GROUP/DIVISION: Treasury Group
DEPARTMENT: Liquidity and Reserves Department

JOB SUMMARIES: Reports to the Liquidity and Reserves Management Head. Assists the department head in ensuring that the Bank’s overall funds are properly accounted for, sufficient to meet maturing obligations and reserves requirements.

JOB DUTIES:
1. Monitors the Bank’s compliance with the reserve requirements.
2. Updates and communicates with superiors on matters relating to liquidity/ reserves management.
3. Assists in the setting of interest rates of domestic Treasury products and markets them to existing and prospective corporate accounts.
4. Participates in the Interbank Call Loan market to cover the reserves position of the Bank.
5. Designs/recommends strategies/systems and procedures on matters relating to the department.
6. Participates in and closely monitors all transactions entered into by the group.
7. Supervises and reviews work of Liquidity and Reserves Department staff members.
8. Assigns and trains personnel to perform responsibilities of their respective positions.
9. Reviews reports generated by the group.
10. Assists the Department Head in evaluating the performance of staff members.
11. Acts as Class II signatory. Performs other related duties and responsibilities that may be assigned from time to time.


2ND JOB TITLE: RESERVES MANAGEMENT OFFICER
GROUP/DIVISION: Treasury Group
DEPARTMENT: Liquidity and Reserves Department


JOB SUMMARIES: Primary responsibility includes ensuring the accomplishment of the actual daily cash position accurately based on actual clearing and matured obligations commenced during the day.

JOB DUTIES:
1. Gathers all data pertinent to the computation of the Bank’s Daily Cash Position.
2. Computes for the daily reserves position of the Bank.
3. Ensures that data for the Bank’s Daily Cash position is updated in a timely manner and reports all issues related to timeliness and accuracy of data from different concerned departments.
4. Maintains good business relations with various institutions through constant personal and telephone calls.
5. Participates in interbank call loan transactions and executes necessary documents.
6. Updates and recommends the renewal and re-rating of financial institutions in accordance with Credit Policy.
7. Performs other duties and responsibilities that may be assigned from time to time.

3RD JOB TITLE: INFORMATION/LOGISTICS MANAGEMENT TRADER
GROUP/DIVISION: Treasury Group
DEPARTMENT: Liquidity and Reserves Department


JOB SUMMARIES: Primary responsibility includes compiling and generating the Treasury Group reports and updates. Research on special savings interest rates trend in the market.

JOB DUTIES:
1. Processes and prepares the following:
a. MANCOM Report
b. Treasury Updates
c. Other Treasury reports that may be assigned
2. Participates in interbank call loan transactions and executes necessary documents.
3. Canvasses the liquidity market and special savings interest rates in the market, submits all attractive offers to officers and consummates transaction.
4. Updates, classifies, types, compiles and indexes files.
5. Performs other duties and responsibilities that may be assigned from time to time.

Please help me know what occupation is best for me. Hope you can help me on this.

Thank you very much

 

[outstandinguy]

What major does it say in your MBA degree?

Thanks for reply outstanding guy and Godafada. Actually i do have finance qualification as i am MBA with majors in finance, however i was worried about the occupation category. As per your advice bros, i am once again going through the job description of 1114 and thinking that they do somehow match in general but needs to make my resume specifically to JDs required to give it a meaningful picture.

one more thing i wanna ask that on my degrees, it is not mentioned that i have finance majors but when someone goes through the transcipts, he/she may find listing of finance courses along with the regular ones. So would it be upto their requirement or i need to take any certificate from my university mentioning that i have been specialized in finance during m MBA studies.

 

[stone hearted]

In my degree, any majors information is not mentioned. And even in transcript there is no any information about the majors.all elective courses are listed down with regular ones.....

 

[outstandinguy]

Just a thought, how would you prove that it is of finance major? by courses? however your transcript also does not show what major you had, except courses you opted.
Anyhow ECA would probably give equivalent status to your degree same as MBA in Canada, so in my view no need to worry.
With regards to stating the major in generic form under education details, you can write finance.

ATB

by the way can I ask your university name?

In my degree, any majors information is not mentioned. And even in transcript there is no any information about the majors.all elective courses are listed down with regular ones.....