SkillsroadYour career journey starts here.

Snapshot

Credit and Loans Officers analyse, evaluate and process credit and loan applications.

Image supplied by Northern Beaches Credit Union
328f748f-5b3a-4ef5-b986-6394957044b2
Credit and Loans Officers
  • How many are employed in this occupation?
26,400
  • What are the average weekly earnings for full time workers ($ before tax)?
$1056
  • How does unemployment compare with other occupations?
Average
  • What are the job prospects for this occupation?
Average
  • What will be the likely future employment growth for the next five years?
Strong growth

Tasks

This occupation may include associated occupations with varying tasks.

  • analysing information about customers and examining references, credit ratings, investment risks, pay slips and other information against predetermined policy standards
  • contacting financial and credit institutions to obtain information about customers
  • reparing papers setting out conditions of credit and loans, rates of repayment and loan periods, and providing information about customers' standing to financial and credit institutions
  • authorising the approval of credit and loan applications and recommending credit and loan conditions and limits
  • keeping records of payments, and preparing routine letters requesting payment for overdue accounts and forwarding these for legal action
  • answering inquiries concerning credit standing of customers, loan balances and penalties
  • may recommend, approve and arrange mortgages
  • may work in a call centre
  • This occupation may include associated occupations with varying tasks.
  • analysing information about customers and examining references, credit ratings, investment risks, pay slips and other information against predetermined policy standards
  • contacting financial and credit institutions to obtain information about customers
  • preparing papers setting out conditions of credit and loans, rates of repayment and loan periods, and providing information about customers' standing to financial and credit institutions
  • authorising the approval of credit and loan applications and recommending credit and loan conditions and limits
  • keeping records of payments, and preparing routine letters requesting payment for overdue accounts and forwarding these for legal action
  • answering inquiries concerning credit standing of customers, loan balances and penalties
  • may recommend, approve and arrange mortgages
  • may work in a call centre

Job Titles

  • Credit or Loans Officer

VET (Vocational Education And Training)

  • Cert II in Financial Services
  • Certificate III in Financial Services
  • Cert IV in Credit Management
  • Diploma of Credit Management

Other Careers In This Industry

Skip Navigation Links.

Just for you

Events, webinars, information & more

Register Now

Follow us

Follow us today on our social networks