Banking, credit and other investment managers
Occupation · NOC 2021 10021 · Canada
- NOC 2021 code
- 10021
- TEER
- 0
- Positions on positive LMIAs, all lists
- 60
- Median wage, Canada
- C$57.14 per hour
- Job Bank postings, Jan–Sep 2026
- 2,805
OC<CANBANKING<CREDIT<AND<OTHER<INVESTMENT<MA 100214<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<8
About this occupation
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.
Example job titles
- assistant operations manager - banking, credit and investment
- bank manager
- banking operations manager
- collection centre manager
- commercial banking manager
- corporate banking centre manager
- corporate services manager - banking, credit and investment
- credit card centre manager
- credit card company operations manager
- credit manager
- credit union manager
- mortgage and consumer credit manager
- personal services manager - banking, credit and investment
- regional collection manager
- trust company manager
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.
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.
Temporary foreign worker positions (LMIA)
Positions on positive LMIAs in ESDC employer lists, by year of the list.
Approved positions by year
Data table
| 2016 | 6 |
| 2017 | 2 |
| 2018 | 4 |
| 2020 | 5 |
| 2021 | 5 |
| 2022 | 9 |
| 2023 | 15 |
| 2024 | 9 |
| 2025 | 4 |
| 2026 | 1 |
- Ontario Teachers' Pension Plan Board6
- Whitehorse Liquidity Partners Inc.3
- Bank of Nova Scotia2
- HSBC Bank Canada2
- Prohost Network Inc.2
- Smart Brands Auto Group Inc2
- Banque Nationale du Canada1
- La Financière Constance Inc1
- HSBC Bank Canada1
- Office d'Investissement des Régimes de Pension du secteur public1
- Ayal Capital Advisors Limited1
- CANEEQ CORP.1
- Rogers Communications Canada Inc.1
- DUCA Financial Services Credit Union Ltd.1
- Spoonbill Partners Inc.1
Work permits
Work permit holders by year the permit took effect, mapped from NOC 2016 where the code has a single NOC 2021 successor (IRCC).
| Year | TFWP permits | IMP permits |
|---|---|---|
| 2026 | 0 | 65 |
| 2025 | 0 | 75 |
| 2024 | 0 | 25 |
| 2023 | 0 | 85 |
| 2022 | 0 | 90 |
| 2021 | 0 | 40 |
| 2020 | 0 | 20 |
| 2019 | 0 | 80 |
| 2018 | 0 | 100 |
| 2017 | 0 | 95 |
| 2016 | 0 | 65 |
| 2015 | 0 | 45 |
All work permits by year
Data table
| 2015 | 45 |
| 2016 | 65 |
| 2017 | 95 |
| 2018 | 100 |
| 2019 | 80 |
| 2020 | 20 |
| 2021 | 40 |
| 2022 | 90 |
| 2023 | 85 |
| 2024 | 25 |
| 2025 | 75 |
| 2026 | 65 |
Permanent residence
Admissions of permanent residents by intended occupation and Express Entry invitations by occupation (IRCC).
New permanent residents by year
Data table
| 2015 | 910 |
| 2016 | 1,120 |
| 2017 | 1,275 |
| 2018 | 1,750 |
| 2019 | 1,615 |
| 2020 | 560 |
| 2021 | 730 |
| 2022 | 2,150 |
| 2023 | 2,220 |
| 2024 | 1,525 |
| 2025 | 255 |
| 2026 | 195 |
- Federal Skilled Worker3,020
- Provincial Nominee Program1,050
- Canadian Experience Class910
Wages
Median wage by province and territory (2025 release). Hourly unless marked per year.
| Area | Low | Median | High |
|---|---|---|---|
| Canada | C$37.44 | C$57.14 | C$91.35 |
| Alberta | C$35.90 | C$56.41 | C$85.47 |
| British Columbia | C$36.92 | C$50.48 | C$83.92 |
| Manitoba | C$32.05 | C$46.67 | C$70.67 |
| New Brunswick | C$33.00 | C$48.72 | C$67.47 |
| Newfoundland and Labrador | C$42.56 | C$50.00 | C$56.92 |
| Nova Scotia | C$33.33 | C$47.18 | C$72.12 |
| Ontario | C$38.46 | C$58.97 | C$96.15 |
| Quebec | C$39.80 | C$56.41 | C$87.18 |
| Saskatchewan | C$35.90 | C$55.90 | C$76.92 |
- Job Bank postings, Jan–Sep 2026
- 2,805
- Vacancies advertised
- 2,806
- Median advertised minimum hourly wage
- C$35.90
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