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Banking, Credit and Other Investment Managers  (NOC 0122)
Bas-Saint-Laurent Region
Description |  Titles |  Duties |   Related Occupations

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.

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Banking managers perform some or all of the following duties:
  • 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 perform some or all of the following duties:
  • 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.
Included Cities in Region | Service Canada Offices

La Pocatière, Rimouski, Rivière-du-Loup, Amqui, Cabano, Causapscal, Matane, Mont-Joli, Notre-Dame-du-Lac, Pointe-au-Père, Trois-Pistoles, Le Bic

View a list of Service Canada offices in this area.

Outlook & Prospects for Banking, Credit and Other Investment Managers in Bas-Saint-Laurent Region

The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.

Provincial Employment Potential Information

The following table identifies employment conditions within Québec.

Table on the employment potential for Banking, Credit and Other Investment Managers in Bas-Saint-Laurent Region as well as in the rest of the Québec.
Location Employment Potential Release Date
Abitibi-Témiscamingue Region Fair 2012-10-09
Bas-Saint-Laurent Region Fair 2012-10-11
Capitale-Nationale Region Fair 2012-09-18
Centre-du-Québec Region Fair 2012-11-23
Chaudière-Appalaches Region Fair 2012-09-18
Côte-Nord Region Fair 2012-11-29
Estrie Region Fair 2012-11-14
Gaspésie -- Îles-de-la-Madeleine Region Fair 2012-10-09
Lanaudière Region Fair 2012-11-07
Laurentides Region Fair 2012-10-25
Laval Region Fair 2013-04-10
Mauricie Region Fair 2012-11-13
Montérégie Region Fair 2012-10-23
Montréal Region Fair 2012-11-16
Nord-du-Québec Region N/A N/A
Outaouais Region Fair 2012-10-09
Saguenay--Lac-Saint-Jean Region Fair 2012-10-22

Additional Provincial Prospects

Visit the Provincial Job Futures for information on the current trends and the future outlook for occupations in this province or territory. This Web site is a joint effort of the federal, provincial and territorial governments. You can view a report specific to this occupation on: Provincial Job Futures - (Employment Prospects section) Web Site.

Labour Market Bulletins

An analysis of the local labour market and an assessment of local employment-related events.

Please consult the Bas-Saint-Laurent Region and Canada tabs for more useful information related to outlook.