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Career pathway

Credit and Loans Officers

ANZSCO 5522

Employed

35,600

Part-time share

13%

Female share

57%

Median weekly earnings

$1,806

Median age

39 yrs

Employment outlook

Declining

Source: Jobs and Skills Australia · ABS 2021 Census of Population and Housing.

Credit and Loans Officers is a job in Australia. The job figures on this page come from Jobs and Skills Australia and the ABS Census, where they are published. The courses listed here lead to this job. Compare the fee, study mode, length, place, and how to get in before you enquire.

Courses linked to this job include Certificate IV in Credit Management, Certificate III in Mercantile Agents, and Diploma of Credit Management.

Jobs and Skills Australia rates the job outlook as Declining.

Jobs, part-time share, age, and pay appear on this page only when Jobs and Skills Australia or the ABS has published them for Credit and Loans Officers. A blank is a missing figure, not a pay of zero. The courses below are linked to this job. Open one to compare the fee, study mode, length, campus, and how to get in.

There is no single national fee or length for training that leads to Credit and Loans Officers. Each provider sets its own price, study mode, and entry rules. Those rules can include past study, an English level, work experience, or an interview. Check the AQF level, and whether you study in Australia or online, before you enquire.

About this career

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

What they typically do

  • 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

States and territories

Share of workers by location

NSW
38.6%
VIC
29.5%
QLD
19.9%
SA
5.2%
WA
4.5%
TAS
1.1%
ACT
0.8%
NT
0.3%

Qualification pathways

These accredited qualifications can lead to a career as a Credit and Loans Officers.