Job requirements Mortgage Broker in Canada
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Find out what you typically need to work as a mortgage broker in Canada. These requirements are applicable to all Other financial officers (NOC 11109).

Employment requirements

This is what you typically need for the job.

  • A bachelor's degree in business administration, commerce, economics or a related field is usually required.
  • Various 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.
  • A recognized financial designation may be required (CFA, CIM or others).
  • Financial examiners and inspectors may require a recognized accounting designation.
  • Mortgage brokers require a mortgage broker licence in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Newfoundland and Labrador and Nova Scotia.

Source National Occupational Classification

Professional certification and licensing

You might need to get a certification from a regulatory authority before you start working. Find out if this occupation is regulated and contact the regulatory authority to learn about the certification process.

Alberta

Job title Mortgage Associates; Mortgage Brokers, Condominium Managers And Property Managers
Regulated

Manitoba

Job title Underwriter
Regulated
Job title Mortgage Broker
Regulated

Nova Scotia

Job title Mortgage Broker
Regulated

Ontario

Job title Mortgage Broker
Regulated
Job title Mortgage Agent
Regulated

Québec

Job title Mortgage Broker
Regulated

Saskatchewan

Job title Mortgage Broker
Regulated

Source Foreign Credential Recognition Program - ESDC

Do you want to work in another province or territory?

If you are already certified to work in a regulated occupation in your province or territory, it will be easier for you to have your certification recognized in another province or territory. See the Workers Mobility's website to learn more.

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