Securing Banking Jobs in Canada Under 0122 NOC Code!

0122 NOC Code that is now 10021 NOC Code according to the new 2021 version of NOC Code. In which Banking, Credit and Other Investment Managers fall for jobs in Canada. So, if you want to get a job abroad in this field. Then, make sure to check this informative blog!

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Table of Contents

• About 10021 NOC Code
• Main Responsibilities
• Requirements for Employment
• Jobs Title Included Under This NOC Code
• Frequently Asked Questions

About 10021 NOC Code

Banking, Credit and Other Investments fall under the 10021 NOC Code. 

Banking, credit, and other investment managers plan, organize, direct, control, and assess the activities of financial institutions or their operational departments, or credit departments in industrial and commercial companies. They manage overall performance and oversee corporate development in compliance with specified strategic directions and policies. 

Main Responsibilities

Banking managers are responsible for some or all of the following responsibilities:

• Plan, organize, direct, control, and evaluate a bank’s, trust company’s, credit union’s, or similar financial institution’s branch operations, or a department within 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 that the institution’s policies and processes are followed in accordance with set norms, and give suggestions for improvement.

• Develop commercial relationships, promote the sale of loan, investment, and other financial services, and attract corporate and individual consumers by forming a network.

• Respond to client inquiries and conduct interviews with corporate and individual customers.

• Analyze, assess, and approve or deny loan and credit applications based on authorized limitations.

• Monitor loan application and credit investigation processing.

• Oversee the creation of monthly reports.

Credit managers are responsible for some or all of the following responsibilities:

• Planned, organized, directed, controlled, and assessed the credit department’s activities in an industrial or commercial organization.

• Accounts for corporate, commercial, and personal loans must be managed.

• Provide customers with information on business and personal financial services that are appropriate for their needs.

• Make suggestions after evaluating and reviewing loan and credit applications and collateral.

• Approve or reject credit applications, set credit limits, and devise repayment plans or schedules based on authorized limits.

• Ensure that overdue or delinquent accounts are collected.

• Maintain credit policies and procedures by established norms and applicable legislation.

• Preparation of credit and loan reports.

• Recruit credit workers and assess their training requirements.

Requirements for Employment

• Typically, a bachelor’s degree or a college diploma in business administration, commerce, economics, or a similar discipline is necessary.

• For the management of big commercial loans, a master’s degree in business administration, finance, or management science may be necessary.

• Typically, completion of business or other management training programmes is required.

• Several years of industrial experience, including supervisory experience, are essential.

Jobs Title Included Under This NOC Code

• 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
• personal services manager – banking, credit and investment
• personal trust manager
• regional bank manager
• regional collection manager
• regional credit manager
• senior accounts manager – banking, credit and investment
• senior manager – personal financial services
• trust company branch manager
• trust company investment manager
• trust company manager
• bank branch manager
• bank director
• bank manager
• banking accounts manager
• banking center manager
• banking operations manager
• branch administrative manager – banking, credit and investment
• branch manager – banking, credit and investment
• collection center manager
• collection manager
• collection manager – bank or trust company
• commercial attaché
• commercial banking manager
• commercial mortgage accounts manager
• commercial mortgages manager
• consumer credit management trainee
• consumer credit services manager trainee
• corporate accounts manager – banking, credit and investment
• corporate banking center manager
• corporate services manager – banking, credit and investment
• corporate trust services manager
• credit and accounts manager
• credit and collection department manager
• credit and collection manager
• credit approval and market development manager
• credit area coordinator
• credit card center manager
• credit card company operations manager
• credit manager
• credit union manager
• financial services manager
• international banking manager
• investment manager – bank or trust company
• investment manager – banking, credit and investment
• loan and credit manager – banking or trust company
• loans manager
• loans manager trainee
• mortgage and consumer credit manager
• mortgage manager
• operations manager – banking, credit and investment

Frequently Asked Questions

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