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Banking, Credit and Other Investment Managers

(0122)
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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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 (M.B.A.) or finance (M.Sc.) may be required for the management of large commercial loans.
* Completion of company or other management training programs is usually required.
* Several years of experience within the industry, including supervisory experience, are required.
 
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Last Updated: 2005-12-05

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