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Bank Manager, Banker, Loans Manager, Personal Financial Services Specialist, Risk Manager
In Canada, the federal government groups and organizes occupations based on a National Occupational Classification (NOC) system. This alis occupation may not reflect the entire NOC group it is part of. Data for the NOC group can apply across multiple occupations.
The NOC system is updated every 5 years to reflect changes in the labour market. Government forms and labour market data may group and refer to an occupation differently, depending on the system used.
Here is how this occupation has been classified over time.
2006 NOC
2006 NOC-S
2011 NOC
2016 NOC
2021 NOC
2023 OaSIS
Many organizations offer loans and credit services to individuals (consumer credit) and businesses (commercial credit). Credit / loans managers ensure that those who want to borrow money are a safe financial risk to the organization.
In smaller firms, credit / loans managers may be responsible for cash management, profitability, and portfolio growth as well as:
In larger firms, they may:
Many larger organizations have credit operations in which the department that authorizes credit for higher-level accounts is separate from the department that collects outstanding accounts. Different credit / loans managers may be responsible for each department.
Credit / loans managers usually work in an office environment. They may work long hours. They constantly deal with people, including staff members, people in business and industry, and the public. Commercial credit / loans managers may travel to firms or plants to interview prospective borrowers and assess business operations.
In Alberta, this occupation is part of 1 or more 2023 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
To find out how well this occupation fits your work personality types, complete the Work Personalities Quiz in Find Your Fit.
Click or tap a personality type for its description.
Find other alis occupations that match this occupation’s work personalities.
To identify or change your work personalities, complete the Work Personalities Quiz in Find Your Fit.
In Alberta, this occupation is part of 1 or more 2023 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
Credit managers
2023 OaSIS: 10021.02
The graph below shows how well your scores match the overall abilities for this occupation.
The closer your ability scores are to the center, the more they match this occupation’s. The further away they are, the less they match this occupation’s.
The lower your ability scores are compared to the occupation’s, the more challenging the occupation will likely be for you. The higher your ability scores are compared to the occupation’s, the less challenging the occupation will likely be for you.
To find out how well this occupation fits your abilities, complete the Abilities Quiz in Find Your Fit.
The 49 abilities are grouped into 5 abilities sets: Critical Thinking, Numbers and Patterns, Physical Activity, Mind-Body Coordination, and Senses.
Some abilities are more relevant to an occupation than other abilities. Individual abilities that are not relevant to an occupation are greyed out.
To fill in or change the values for your abilities, complete the Abilities Quiz in Find Your Fit.
Critical Thinking includes 9 abilities related to identifying and solving problems, thinking of ideas, and communication, such as speaking and writing.
This is how well your scores match the set of Critical Thinking abilities for this occupation:
Numbers and Patterns includes 10 abilities related to math, memorizing, and multitasking. It also includes how we perceive patterns, shapes, and distances.
This is how well your scores match the set of Numbers and Patterns abilities for this occupation:
Physical Activity includes 9 abilities related to strength, balance, flexibility, coordination, and endurance.
This is how well your scores match the set of Physical Activity abilities for this occupation:
Mind-Body Coordination includes 9 abilities related to movement control and how we react to signals. It also includes fine motor skills, such finger and hand dexterity and hand-eye coordination.
This is how well your scores match the set of Mind-Body Coordination abilities for this occupation:
Senses includes 12 abilities related to seeing, hearing, and speaking.
This is how well your scores match the set of Senses abilities for this occupation:
Credit / loans managers need:
They should enjoy supervising and coordinating the work of others, having clear rules and methods to guide their activities, and working with people.
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
This chart shows which job skills are currently in highest demand for this occupational group. It was created using this occupation's 22 most recent Alberta job postings, collected between Nov 26, 2021 and Jul 30, 2025.
Review these skills to learn:
| Tasks: Authorize loan and credit applications | 15 |
|---|---|
| Tasks: Oversee the preparation of reports | 15 |
| Tasks: Establish policies and procedures for assessing credit and loan applications | 14 |
| Tasks: Establish and implement policies and procedures for accounting and financial control | 13 |
| Tasks: Advise senior management | 12 |
| Tasks: Plan, organize, direct, control and evaluate daily operations | 12 |
| Attention to detail | 11 |
| Construction Specialization: Client focus | 10 |
| Tasks: Address customers' complaints or concerns | 10 |
| Construction Specialization: Flexibility | 10 |
Employers generally prefer to hire credit / loans managers who have related post-secondary education in fields such as finance, business, accounting, economics, or agriculture. Suitable programs are offered by schools located throughout Alberta.
The following schools offer programs or courses that are related to this occupation but are not required to enter the field.
To expand or narrow your program options, visit Post-Secondary Programs and start your search with:
Completing a program does not guarantee entrance into an occupation. Before enrolling in an education program, prospective students should look into various sources for education options and employment possibilities. For example, contact associations and employers in this field.
The Canadian Credit Union Association (CCUA) and Credit Institute of Canada (CIC) offer voluntary certification.
The CCUA offers 3 accreditation programs and 2 designations for employees of credit unions and affiliated organizations.
The CIC awards its Certified Credit Professional (CCP) designation to members who have completed the institute’s 8-course Credit Management program and have 5 years of practical experience in a credit position.
Source: 2021-2025 Alberta Regional Occupational Demand Outlook
Credit / loans managers work for organizations such as:
Employers often have in-house training programs to help those in junior positions develop the skills needed to become credit / loans managers. Trainees may work closely with experienced managers while working through the program.
Depending on their qualifications, experienced credit / loans managers may advance to senior positions in management, marketing, or administration. They may also advance into small business or commercial financing.
This section shows the industries where the majority of people in this occupation work. The data is based on the 2016 Census.
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups.
Banking, credit and other investment managers
2016 NOC: 0122
81.8% of people in this occupational group work in:
NOC groups often include several related occupations. Although there is labour market data for the larger NOC group, this occupation makes up only a part of that group. It means data for this occupation may be different than the data shown. For examples, see Note.
This section shows the Alberta job market condition, or short-term demand forecast, for this occupation over a 3-year period. It also shows the number of people employed in the occupation.
In Alberta, this occupation is part of 1 or more 2021 National Occupational Classification (NOC) groups.
Source: 2024-2026 Alberta Short-Term Employment Forecast
NOC groups often include several related occupations. Although there is labour market data for the larger NOC group, this occupation makes up only a part of that group. It means data for this occupation may be different than the data shown. For examples, see Note.
To see data for all occupations, visit Occupations in Demand.
This section shows the employment outlook for this occupation in Alberta over a 5-year period.
Employment outlook is influenced by a wide variety of factors including:
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups.
Source: 2021-2025 Alberta Regional Occupational Demand Outlook
Annual growth is from 2021 to 2025. New positions created each year are in addition to job openings created by employment turnover.
NOC groups often include several related occupations. Although there is labour market data for the larger NOC group, this occupation makes up only a part of that group. It means data for this occupation may be different than the data shown. For examples, see Note.
Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.
Credit / loans managers’ salaries vary widely depending on the size and nature of the employer and the training and responsibilities of the employee. Credit / loans managers in commercial credit tend to earn higher salaries than those in consumer credit organizations.
In Alberta, this occupation is part of 1 or more 2021 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
Unless otherwise noted, the data shown here is for all industries and all regions in Alberta.
All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production), and other forms of compensation.
To see the full survey data for this NOC group, visit the wage profile.
Other wage sources
To make an informed wage and salary decision, research other wage sources [pdf] to supplement this data.
Good Reliability, represents a CV of between 6.01% and 15.00% and/or fewer than 30 survey observations and/or if survey observations represent less than 50% of all estimated employment for the occupation.
| Wages* | Low (5th percentile) | High (95th percentile) | Average | Median |
|---|---|---|---|---|
| Starting | $20.00 | $56.13 | $39.87 | $40.97 |
| Overall | $21.55 | $87.18 | $49.95 | $48.08 |
| Top | $23.00 | $106.24 | $55.55 | $51.49 |
Swipe left and right to view all data. Scroll left and right to view all data.
* All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production) and other forms of compensation.
Pay brackets for hourly wages
| ALL INDUSTRIES | $100,250 |
|---|---|
| Retail Trade | $159,032 |
| Finance, Insurance, Real Estate, Leasing | $85,748 |
Canadian Credit Union Association (CCUA) website: ccua.com
Canadian Securities Institute (CSI) website: www.csi.ca
Credit Institute of Canada (CIC) website: creditinstitute.org
Get information and referrals about career, education, and employment options from Alberta Supports.
Updated Mar 31, 2022. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.
