NOC 10021: Banking, credit and other investment managers
What banking, credit and other investment managers do
Banking, credit and other investment managers plan, organize, direct, control and evaluate the activities of financial establishments or operational departments within such establishments, or credit departments in industrial and commercial establishments. They oversee business development and manage overall performance in accordance with established strategic directions and policies. Banking managers are employed by banks, trust companies and credit unions. Credit managers are employed by credit departments in department stores, utility companies, car dealerships, insurance companies or other industrial or commercial organizations. Other investment managers are employed by credit card companies, consumer loan companies, mutual fund investment firms, mortgage investment companies or other financial establishments concerned with extending loans and financing and investments.
Main duties
This group performs some or all of the following duties:
- Banking managers
- Plan, organize, direct, control and evaluate the branch operations of a bank, trust company, credit union or similar financial institution or of a department in such an institution responsible for administering personal and commercial loans, buying and selling securities, operating investment funds, administering trusts, settling estates or other related activities
- Ensure the institution's policies and procedures are followed according to established guidelines and make recommendations for improvement
- Network to develop business relations, promote the sale of loan, investment and other banking services and attract corporate and individual customers
- Interview corporate and individual customers and respond to customer enquiries
- Analyze, review and approve or reject loan and credit applications in accordance with authorized limits
- Monitor processing of loan applications and credit investigations
- Oversee preparation of monthly financial and branch progress reports
- Recruit personnel and identify their training needs.
- Credit managers
- Plan, organize, direct, control and evaluate the activities of a credit department in an industrial or commercial organization
- Administer corporate, commercial and personal loan accounts
- Advise customers on the commercial and personal financial services corresponding to their needs
- Evaluate and review loan and credit applications and collateral and make recommendations
- Approve or reject credit applications, establish credit limits and determine repayment plans or schedules in accordance with authorized limits
- Ensure collection of overdue or delinquent accounts
- Ensure credit policies and procedures are followed according to established guidelines and applicable legislation
- Prepare credit and loan reports
- Recruit credit personnel and identify their training needs.
Job titles under NOC 10021
58 job titles are classified here, including assistant operations manager - banking, credit and investment, bank manager, banking operations manager.
- accounts manager - banking, credit and investment
- area manager - banking, credit and investment
- assistant branch manager - banking, credit and investment
- assistant consumer credit manager
- assistant corporate banking services manager
- assistant credit manager
- assistant operations manager - banking, credit and investment
- assistant regional manager - banking
- bank branch manager
- bank director
- bank manager
- banking accounts manager
- banking centre manager
- banking operations manager
- branch administrative manager - banking, credit and investment
- branch manager - banking, credit and investment
- collection centre manager
- collection manager
- collection manager - bank or trust company
- commercial attaché
- commercial banking manager
- commercial mortgages accounts manager
- commercial mortgages manager
- consumer credit management trainee
Employment requirements
- A university degree or college diploma in business administration, commerce, economics or a related field is usually required.
- A master's degree in business administration, finance or management science may be required for the management of large commercial loans.
- A recognized financial designation may be required (CFA, CFP, CIM or others).
- Completion of company or other management training programs is usually required.
- Several years of experience within the industry, including supervisory experience, are required.
Banking, credit and other investment managers wages in Canada
Low, median and high hourly wages from Job Bank’s 2025 wage data. Annual figures assume full-time work (1,950 hours a year).
| Where | Low | Median | High |
|---|---|---|---|
Canada | $37.44/hr | $57.14/hr | $91.35/hr |
Toronto ON | $38.46/hr | $61.54/hr | $102.56/hr |
Montréal QC | $39.80/hr | $56.41/hr | $87.18/hr |
Vancouver Lower Mainland region, BC | $36.92/hr | $50.48/hr | $83.92/hr |
Calgary AB | $39.87/hr | $56.68/hr | $81.99/hr |
Edmonton AB | $40.01/hr | $55.38/hr | $80.18/hr |
Ottawa ON | $34.62/hr | $57.69/hr | $71.79/hr |
Winnipeg MB | $32.05/hr | $44.44/hr | $70.67/hr |
Québec City Quebec region, QC | $39.80/hr | $56.41/hr | $87.18/hr |
Hamilton Hamilton–Niagara Peninsula region, ON | $34.87/hr | $53.85/hr | $96.15/hr |
Kitchener-Waterloo Kitchener–Waterloo–Barrie region, ON | $41.03/hr | $57.85/hr | $72.12/hr |
London ON | $40.00/hr | $55.77/hr | $76.92/hr |
Halifax NS | $33.33/hr | $47.18/hr | $72.12/hr |
Victoria Vancouver Island and Coast region, BC | $36.92/hr | $50.48/hr | $83.92/hr |
Saskatoon Saskatoon–Biggar region, SK | $36.92/hr | $56.41/hr | $68.66/hr |
Regina Regina–Moose Mountain region, SK | $36.06/hr | $55.90/hr | $82.05/hr |
| Where | Low | Median | High |
|---|---|---|---|
Newfoundland and Labrador | $42.56/hr | $50.00/hr | $56.92/hr |
Nova Scotia | $33.33/hr | $47.18/hr | $72.12/hr |
New Brunswick | $33.00/hr | $48.72/hr | $67.47/hr |
Quebec | $39.80/hr | $56.41/hr | $87.18/hr |
Ontario | $38.46/hr | $58.97/hr | $96.15/hr |
Manitoba | $32.05/hr | $46.67/hr | $70.67/hr |
Saskatchewan | $35.90/hr | $55.90/hr | $76.92/hr |
Alberta | $35.90/hr | $56.41/hr | $85.47/hr |
British Columbia | $36.92/hr | $50.48/hr | $83.92/hr |
Using NOC 10021 for your resume or Express Entry profile
- IRCC asks you to make sure the main duties listed for your NOC match what you actually did at your job. If they don’t, look for another unit group whose duties do.
- Describe your own work in your own words. Recruiters and ATS software look for concrete tools, results and scope, not text copied from the NOC.
- Applying from outside Canada? Run your resume through the Canadian resume format checker to catch things Canadian employers don’t expect, like a photo or date of birth.
- Use the job title the employer’s posting uses. The 58 titles above are how the same work is named across employers.
Not in this group
Similar jobs classified under a different NOC code:
- Mortgage broker manager (NOC 10020)
- Other business services managers (NOC 10029)
- Senior managers - financial, communications and other business services (NOC 00012)
Frequently asked questions
What is the NOC code for banking, credit and other investment managers?
Banking, credit and other investment managers are NOC 2021 unit group 10021. Example job titles in this group include assistant operations manager - banking, credit and investment, bank manager, banking operations manager, collection centre manager.
What TEER is NOC 10021?
NOC 10021 is TEER 0 (Management). Management occupations. TEER 0, 1, 2 and 3 work counts as skilled work experience for Express Entry’s Federal Skilled Worker and Canadian Experience Class programs.
How much do banking, credit and other investment managers earn in Canada?
Job Bank's 2025 wage data puts the median at $57.14/hr, about $111,000 a year full-time, with a range of $37.44/hr to $91.35/hr.
Related occupations
Sources: Statistics Canada, National Occupational Classification (NOC) 2021 Version 1.0; Employment and Social Development Canada, Job Bank wages (2025). Contains information licensed under the Open Government Licence – Canada. OfferJetAI is not affiliated with the Government of Canada. Check IRCC’s NOC guidance before you apply.