Job prospects Assistant Manager, Credit in New Brunswick

Explore current and future job prospects for people working as an "assistant manager, credit" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be moderate for Banking, credit and other investment managers (NOC 10021) in New Brunswick for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment is expected to remain relatively stable.
• A moderate number of positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

• These managers are employed by financial institutions, and by commercial credit departments.
• Employers typically require several years of experience working in banking, credit, and investment departments.
• Holding either a Chartered Professional Accountant (CPA) or a Chartered Financial Analyst (CFA) designation will enhance employment prospects.
• Technological advancement and increasingly computerized processes will continue to impact this occupation, making employers less reliant on tasks like data entry and client information management. 
• Knowledge of both French and English will be required in certain regions of the province.

Here are some key facts about Banking, credit and other investment managers in New Brunswick:

• Approximately 650 people work in this occupation.
• Banking, credit and other investment managers mainly work in the following sectors:
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 75%
  • Other retail stores (NAICS 44-45, except 445): 7%
• 87% of banking, credit and other investment managers work all year, while 13% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 42 weeks for all occupations.
• Less than 5% of banking, credit and other investment managers are self-employed compared to an average of 10% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 44% compared to 52% for all occupations
  • Women: 56% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 25% compared to 30% for all occupations
  • apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 25% compared to 23% for all occupations
  • bachelor's degree: 34% compared to 16% for all occupations
  • university certificate, degree or diploma above bachelor level: 8% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

Explore current and future job prospects for people working as an "assistant manager, credit" Banking, credit and other investment managers (NOC 10021) or across Canada.

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