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 aiming for a career as a Lending Officer in Launceston, you have a variety of choices available through the range of Lending Officer courses in Launceston. These courses are offered by reputable training providers, ensuring you receive high-quality education that is recognised by industry standards. Whether you're a beginner or an experienced learner, you can find a suitable course to enhance your skills in the lending and finance sector. Popular options include the Farm Business Management Skill Set for beginners, and for more experienced individuals, courses like Certificate IV in Finance and Mortgage Broking and Diploma of Finance and Mortgage Broking Management are available.
Engaging in finance courses can significantly boost your career prospects. By completing courses such as the Certificate IV in Financial Services or the Certificate IV in Credit Management, you will equip yourself with the necessary skills to excel as a Lending Officer. These courses will not only provide you with theoretical knowledge but also practical skills essential for navigating the complex financial landscape in Launceston and beyond.
Upon completion of your studies, a diverse range of job roles awaits you within the financial sector. Opportunities abound as a Fraud Analyst, Finance Specialist, or Credit Manager, to name a few. Furthermore, you may find interest in roles such as Credit Controller or perhaps as a Loan Administrator. These positions are integral to the lending process and highlight the critical nature of training in lending practices.
For those looking to establish a solid foundation in lending, the related study fields include Banking and Credit Services. The comprehensive nature of education in these areas ensures that graduates are well-equipped for various career paths. Explore the many Mortgage Broker, Banking Officer, or even Investment Banker roles. With the right training and support, your journey in becoming a Lending Officer can begin right in Launceston.