NOC 10021: Banking, credit and other investment managers
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.
Express Entry eligibility
- Skilled work (TEER 0 to 3): yes, TEER 0.
- Canadian Experience Class: counts as skilled Canadian work (1 year in the last 3 years).
- Federal Skilled Worker Program: counts as skilled work (1 year of continuous work in the last 10 years).
- Federal Skilled Trades Program: not one of the eligible trades.
- High-wage occupation (from November 3, 2026): yes, 2× tier.
TEER 0: Management occupations. Every program has other requirements too, such as language test results and, for FSW, a points test.
Category-based draws
NOC 10021 is not on any of IRCC’s occupation category lists. You can still be invited in general, Canadian Experience Class or other program draws.
Category lists checked on canada.ca on 2026-10-17. IRCC category-based selection
CRS points for work in NOC 10021
With 12+ months of Canadian work here, from November 3, 2026, by years of skilled Canadian work:
| Years in Canada | Single, today | Single, Nov 3 | With spouse, today | With spouse, Nov 3 |
|---|---|---|---|---|
| 1 | 40 | 110 | 35 | 105 |
| 2 | 53 | 123 | 46 | 116 |
| 3 | 64 | 134 | 56 | 126 |
| 4 | 72 | 142 | 63 | 133 |
| 5 or more | 80 | 150 | 70 | 140 |
See Canadian work points and the median-wage rule.
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.
For Express Entry your duties must match the lead statement and most of the main duties above.
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
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.
Similar jobs with a different code
- 10020Mortgage broker manager
- 10029Other business services managers
- 00012Senior managers - financial, communications and other business services
Common questions
- Is NOC 10021 (Banking, credit and other investment managers) a high-wage occupation for Express Entry?
- Yes. From November 3, 2026, NOC 10021 is in the 2× tier of IRCC’s high-wage list, meaning its national median wage is at least 2 times the median wage of the Canadian workforce (2023 to 2025 data).
- How many CRS points does NOC 10021 give?
- With 12 months or more of skilled Canadian work in NOC 10021, you add 70 points to your Canadian work-experience points. For example, a single candidate with 3 years of Canadian work goes from 64 to 134 points. A qualifying job offer in NOC 10021 is worth 100 points instead. You get the higher of the two routes, never both, capped at 150 points (140 with a spouse).
- Do I need to earn 2× the median wage myself?
- No. The tier comes from the occupation’s national median wage, not from your own salary. What matters is that your job’s main duties match NOC 10021 and that the work is skilled, paid, Canadian experience.
- Can I combine months in different high-wage jobs?
- To get the 70-point add-on, all 12 months must be in 2× occupations. Months here also count toward the 40-point (1.5×) and 20-point (1.3×) add-ons when combined with other high-wage jobs.
- Which Express Entry programs accept NOC 10021?
- As a TEER 0 occupation it counts as skilled work for the Canadian Experience Class and the Federal Skilled Worker Program.
- Which category draws include NOC 10021?
- It is not on any of IRCC’s occupation category lists, so it does not qualify you for an occupation-based category draw.
Other 2× high-wage occupations
- 10020Insurance, real estate and financial brokerage managers2×
- 10012Purchasing managers2×
- 10011Human resources managers2×
- 10010Financial managers2×
- 20010Engineering managers2×
- 20011Architecture and science managers2×
- 20012Computer and information systems managers2×
- 00013Senior managers - health, education, social and community services and membership organizations2×
More in specialized middle management occupations in administrative services, financial and business services and communication (except broadcasting)
- 10010Financial managers
- 10011Human resources managers
- 10012Purchasing managers
- 10019Other administrative services managers
- 10020Insurance, real estate and financial brokerage managers
- 10022Advertising, marketing and public relations managers
- 10029Other business services managers
- 10030Telecommunication carriers managers
Find any NOC code · All high-wage occupations · Source: Statistics Canada, NOC 2021 Version 1.0
See your CRS score with NOC 10021
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