Job prospects Adviser, Loans in Saskatchewan

Explore current and future job prospects for people working as an "adviser, loans" in Saskatchewan or across Canada.

Job opportunities in Saskatchewan

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be moderate for Financial sales representatives (NOC 63102) in Saskatchewan for the 2023-2025 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.

• An aging workforce will likely support employment opportunities for this occupation.
• Rising interest rates will decrease demand for loans and mortgages, and will weaken growth in the retail banking.
• Demand for credit products may increase, increasing demand for the non-depository banking services.
• Employment opportunities are influenced by ongoing digital transformation initiatives, including the availability of online services and automation of back-office processes.

Here are some key facts about Financial sales representatives in Saskatchewan:

• Approximately 2,000 people work in this occupation.
• Financial sales representatives mainly work in the following sectors:
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 92%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 91% compared to 81% for all occupations
  • Part-time workers: 9% compared to 19% for all occupations
• 79% of financial sales representatives work all year, while 21% work only part of the year, compared to 65% and 35% 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.
• 5% of financial sales representatives are self-employed compared to an average of 16% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 32% compared to 53% for all occupations
  • Women: 68% compared to 47% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 32% compared to 33% for all occupations
  • apprenticeship or trades certificate or diploma: 10% compared to 15% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 24% compared to 17% for all occupations
  • bachelor's degree: 24% compared to 18% for all occupations
  • university certificate, degree or diploma above bachelor level: 9% compared to 7% for all occupations

Breakdown by region

Explore job prospects in Saskatchewan by economic region.

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

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