Finance analyst jobs in Canada cover financial and investment analysts, who analyse financial information, build forecasts, assess performance and support financing and investment decisions. Job Bank groups them under NOC 11101 and reports a median wage of $43.27 an hour, about 77,000 people employed and a national outlook that is in balance. A university degree is usually required, and so, for many roles, is a financial designation.
This guide covers the work, pay by province, what Job Bank actually requires, the outlook, and where Canada's big banks hire analysts.
What Does a Finance Analyst Do?
Job Bank's duties for NOC 11101 split the occupation in two. Financial analysts typically:
- evaluate financial risks, prepare financial forecasts, financing scenarios and other documents on capital management, and write reports and recommendations;
- plan short- and long-term cash flows and assess financial performance;
- analyse investment projects;
- advise on and take part in the financial aspects of contracts and calls for tender;
- develop and use tools for managing and analysing a financial portfolio;
- assist in preparing operating and investment budgets.
Investment analysts provide investment advice and recommendations to clients, senior company officials, pension fund managers and securities agents, and prepare company, industry and economic outlooks, analytical reports and briefing notes.
Job Bank adds one detail worth knowing before you apply: financial and investment analysts usually work more than 40 hours a week.
How Much Do Finance Analysts Make in Canada?
Job Bank's national wages for NOC 11101, updated 19 November 2025:
| Where | Low | Median | High |
|---|---|---|---|
| Canada | $28.21 | $43.27 | $72.36 |
| Saskatchewan | — | $49.00 | — |
| Alberta | — | $45.27 | — |
| Quebec | — | $44.00 | — |
| British Columbia | — | $43.96 | — |
| Ontario | — | $43.27 | — |
Saskatchewan pays the highest median of any province, and Ontario — where most of the banking jobs are — sits on the national median. Job Bank cannot publish wages for Yukon, the Northwest Territories or Nunavut because of data limits. For comparison, financial auditors and accountants (NOC 11100) have a median of $40.36 an hour.
These are occupation medians from the Labour Force Survey, not an employer's band. Use the salary in the posting you are applying to.
What Qualifications Do You Need?
This is where most guides get Canada wrong. Job Bank's employment requirements for NOC 11101 are specific:
- a bachelor's degree in commerce, business administration, accounting, finance or economics, plus on-the-job training and industry courses, is usually required;
- an MBA with a finance concentration, or a master's in finance, may be required;
- the Chartered Financial Analyst (CFA) designation from the CFA Institute, or another recognised designation such as CFP or CIM, is usually required;
- other designations, such as CPA or Certified Treasury Professional (CTP), may be required by some employers.
So a designation is not optional extra credit in this occupation the way it is in some analyst jobs. What the individual posting asks for still governs: a junior FP&A or reporting role may take a degree and no designation, while investment and capital-markets work usually expects the CFA, at least in progress.
What Skills Do Finance Analysts Need?
Job Bank rates the competencies for this occupation, and two sit at the top of its scale:
- Digital literacy and numeracy — level 5, the highest;
- Reading comprehension, oral comprehension, evaluation, management of financial resources, critical thinking and systems analysis — level 4;
- Stress tolerance, analytical thinking and attention to detail — rated extremely important as personal attributes.
Employers add their own tool list on top: Excel and financial modelling, ERP and reporting systems, and business intelligence tools. Those come from job postings, not from Job Bank's occupation profile.
Are Finance Analyst Jobs in Demand in Canada?
Job Bank's national outlook is balance: "labour demand and labour supply are expected to be broadly in line for this occupation over the period of 2024-2033 at the national level". About 77,000 people were employed in the occupation in 2023, 24% of them aged 50 or over, with a median retirement age of 65 — so replacement hiring matters.
Job opportunities over the next three years differ a lot by province. Job Bank updated these ratings on 10 December 2025:
| Province or territory | Job opportunities, next 3 years |
|---|---|
| Newfoundland and Labrador, Nova Scotia, New Brunswick | Moderate |
| Quebec, Manitoba, Saskatchewan, Alberta | Moderate |
| Prince Edward Island, Ontario, British Columbia | Limited |
| Yukon, Northwest Territories, Nunavut | Undetermined |
Ontario and British Columbia — the two provinces most candidates target — are rated Limited, while the Prairies and most of Atlantic Canada are Moderate. If you can move, that gap is worth planning around.
Where Do Finance Analysts Work?
Job Bank says analysts are employed across the private and public sector, by banks, brokerage houses, insurance companies, investment companies, manufacturing firms, trust companies, utility companies and underwriting firms. Investment analysts work primarily for brokerage houses and fund management companies.
So the search should not stop at the banks. Corporate finance teams in manufacturing, utilities and retail hire analysts too, and the federal public service advertises financial roles on Government of Canada Jobs.
Finance Analyst Jobs at Canada's Big Banks
All four banks below run their own career portals. These were the career areas and live titles on 18 September 2026:
| Bank | Where to apply | Example roles seen |
|---|---|---|
| RBC | jobs.rbc.com, "Finance | Accounting" | Financial Planning Analyst (Toronto, Montréal, Vancouver); Senior Financial Reporting Analyst (Toronto) |
| TD | careers.td.com, search runs on Workday | Finance Analyst and Senior Finance Analyst (Toronto); Senior Finance Analyst (Montréal) |
| Scotiabank | scotiabank.com/careers and jobs.scotiabank.com | Financial Analyst (12-month contract, Toronto); Research Analyst (Toronto or Montreal) |
| BMO | jobs.bmo.com | Senior Financial Analyst (Toronto); Financial Planner (several Ontario and BC cities) |
Two link corrections worth noting: Scotiabank's old /ca/en/about/careers.html address now returns a 404, and BMO's corporate careers page did not respond when we checked, while jobs.bmo.com did.
Do Finance Analysts Need a CFA or CPA?
Job Bank's answer is firmer than most career guides admit: the CFA, or another recognised designation such as CFP or CIM, is usually required, and CPA or CTP may be required by some employers. In practice the split looks like this:
- CFA — investment analysis, portfolio management and capital markets;
- CPA — financial reporting, controllership and much of corporate finance;
- Neither, yet — many junior FP&A, reporting and business-analysis roles, where employers accept a degree plus progress towards a designation.
Read the posting. A job that wants "CFA Level II" is a different career step from one that wants "working towards a designation".
Can You Get a Finance Analyst Job as a New Graduate?
Yes, through the bank graduate programs. RBC's Analyst Program is a selective early-career pathway for high-performing students in their final year of undergraduate study, with two streams — Product & Strategy and Data & Analytics. RBC recruits for it every fall, with onboarding the following summer. TD runs Early Talent and Graduate Leadership Programs for students and new graduates.
Titles worth searching as a graduate: Financial Analyst, Junior Financial Analyst, Finance Analyst, FP&A Analyst, Investment Analyst, Risk Analyst, Treasury Analyst and Corporate Finance Analyst.
Can International Applicants Apply?
You need the right to work in Canada. None of RBC, TD, Scotiabank or BMO publishes a general sponsorship statement on its careers pages, so the individual posting is the only reliable source on work authorization, location and language requirements.
If you are still planning the move, our Visa Sponsorship Jobs in Canada and Jobs in Canada for Foreign Workers guides cover the permits and the sectors that hire.
Financial Analyst vs Investment Analyst
Job Bank puts both in NOC 11101, which is why the wage and outlook data cover them together. The difference is in the duties: a financial analyst works on budgets, forecasts, cash flow, performance and financing decisions inside an organisation, while an investment analyst researches companies, industries and markets and advises clients, fund managers and senior officials.
How to Apply for Finance Analyst Jobs in Canada
- Pick a lane: corporate FP&A, reporting, treasury, risk, capital markets or investment research.
- Check the designation rule in the postings you want, and start the CFA or CPA route early if it appears repeatedly.
- Build the evidence: models you have built, budgets you have analysed, reports you have automated, data sets you have worked with.
- Search several employers: the four bank portals above, insurers and investment firms, corporate finance teams, and Government of Canada Jobs.
- Match the posting on education, experience, designation, language, location and work authorization before you apply.
Frequently Asked Questions
What is the salary of a finance analyst in Canada?
Job Bank reports a median of $43.27 an hour for financial and investment analysts, with a low of $28.21 and a high of $72.36, updated 19 November 2025.
Which province pays finance analysts the most?
Saskatchewan has the highest provincial median at $49.00 an hour, ahead of Alberta at $45.27 and Quebec at $44.00. Ontario sits at the national median of $43.27.
Do I need a CFA to be a finance analyst in Canada?
Job Bank says the CFA, or another recognised designation such as CFP or CIM, is usually required for this occupation, and that CPA or CTP may be required by some employers. Many junior roles still accept a degree plus progress towards one.
What degree do finance analysts need?
Job Bank says a bachelor's degree in commerce, business administration, accounting, finance or economics is usually required, and an MBA or master's in finance may be required for some roles.
Is finance analyst a good career in Canada?
The national outlook for 2024-2033 is balance: demand and supply broadly in line. Prospects over the next three years are Moderate in most provinces but Limited in Ontario, British Columbia and Prince Edward Island.
How many finance analysts work in Canada?
About 77,000 in 2023, according to Job Bank, with 24% of them aged 50 or over.
Can a new graduate become a finance analyst?
Yes. RBC's Analyst Program takes final-year undergraduates into Product & Strategy or Data & Analytics streams, and TD runs Early Talent and Graduate Leadership Programs.
Where can I find legitimate finance analyst jobs in Canada?
Use Job Bank, Government of Canada Jobs and the banks' own portals: jobs.rbc.com, careers.td.com, jobs.scotiabank.com and jobs.bmo.com.
People Also Search For
Financial analyst salary Canada
$43.27 an hour at the national median, $72.36 at the high end.
NOC 11101
The Job Bank code covering financial and investment analysts.
RBC Analyst Program
A final-year undergraduate pathway with Product & Strategy and Data & Analytics streams.
FP&A analyst jobs Canada
Corporate planning and forecasting roles, often the entry point without a designation.
Investment analyst jobs Canada
Mostly at brokerage houses and fund management companies, per Job Bank.
CFA vs CPA Canada
CFA for investments and markets; CPA for reporting, controllership and corporate finance.
Financial analyst jobs Toronto
The largest market, though Ontario's three-year outlook is rated Limited.
Government of Canada finance jobs
Federal financial roles are advertised through GC Jobs.
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This article is for general informational purposes, using Government of Canada Job Bank data for NOC 11101 and the official career sites of RBC, TD, Scotiabank and BMO. Wages, outlooks and vacancies change. Always read the current official job posting before applying.
