This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersA Lending Officer reviews and processes loan applications, assesses eligibility, gathers financial data, approves loans, and manages customer interactions.
Get qualified to work as a Lending Officer with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Lending Officer generally earns $1,538 per week ($79,976 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
The amount of people employed in this job role has fallen slightly in recent years. There are currently 28,500 people working as a Lending Officer in Australia compared to 29,500 five years ago. Lending Officers may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
If you’d like to pursue a career as a Lending Officer, consider enrolling in a Certificate IV in Credit Management. This qualification will give you the skills to assess credit applications and manage overdue customer accounts. You could also consider a Certificate IV in Finance and Mortgage Broking or a Certificate IV in Financial Services.
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If you are considering a career in finance, Lending Officer courses in Ballarat offer an excellent pathway for both beginners and experienced professionals. There are a variety of courses available, including the Farm Business Management Skill Set AHCSS00030 for those who are just starting out in the field, alongside advanced options like the Certificate IV in Finance and Mortgage Broking FNS40821 and the Diploma of Finance and Mortgage Broking Management FNS50322 for experienced learners looking to enhance their qualifications.
Ballarat boasts a thriving financial services industry, aligning perfectly with the ongoing demand for qualified Lending Officers. The courses available in the area not only equip students with the essential skills needed in finance and banking, but they also delve into related fields. For example, you can explore finance courses more broadly at this link or focus on Banking and Credit Services specific to Ballarat. With comprehensive training providers who are Registered Training Organisations, you can be assured of a quality educational experience.
Completing a Certificate IV in Financial Services FNS41820 or a Certificate IV In Credit Management FNS40122 opens up a multitude of career opportunities. Graduates can pursue various roles in the finance sector, including positions such as a Credit Manager, Loan Administrator, or even as a Finance Broker. Each of these roles plays a crucial part in the lending process and contributes to the overall success of financial institutions in Ballarat.
In addition to Lending Officer specific roles, those completing these courses can explore related job opportunities such as a Credit Analyst or Investment Banker. The expansive range of options ensures that you can find a niche that perfectly matches your skills and interests within the finance and banking sectors. To get started on your journey, check out the wide selection of Lending Officer courses in Ballarat today.