Banking, credit and other investment managers in CANADA/ AUSTRALIA

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.

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.

Completion of company or other management training programs is usually required.

Several years of experience within the industry, including supervisory experience, are required.