Credit and Loans Officers
Snapshot
Credit and Loans Officers analyse, evaluate and process credit and loan applications.
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Job stats |
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How many people employed in this occupation? |
32900 |
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What are the weekly earnings for full-time workers ($ before tax)? |
$993 |
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How does unemployment compare with other occupations? |
below average |
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What is the vacancy level? |
average |
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What are the job prospects? |
good |
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
- 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
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