Jhatka and others,

Thanks a lot for your guidance. I did little more research on it for my friend. Clearly, her occupation falls under 0122 (Banking, Credit, and other investment managers) in the up-to-date NOC list: http://www5.hrsdc.gc.ca/NOC/English/NOC/2006/QuickSearch.aspx?val65=0122 But this occupational category is not eligible among the 38 eligible occupations http://www.cic.gc.ca/english/immigrate/skilled/apply-who-instructions.asp#list for applicants from outside Canada (she wants to apply in New Delhi). Then her currient duties of credit officer and investment manager do not exactly match 0111 category:  http://www5.hrsdc.gc.ca/NOC/English/NOC/2006/QuickSearch.aspx?val65=0111 in the latest NOC list because it is a separate occupation category.

But, at the end of this page, it has noted 0122 under "Classified Elsewhere." What does it mean? Does it mean that 0122 can also be consider under the same occupational category 0111 in NOC list? Alos, some of the main duties under 0111 eg, "Evaluate ..., investemnt activities,... ," "Act as liaison between organization and its... investing public," "Establish profitability standard for investment activities..." somewhat match with her current duties. So, as you suggested, I think she should apply under 0111 occupation rephrasing her main duties so as to fit under this category. 

What do you and other think? Any further suggestion?

Thanks again.