Credit or Loans Officer
- Classification
- Occupation
- Skill level
- 3
- Major group
- Clerical and Administrative Workers
Classification
- Major group
- 5Clerical and Administrative Workers
- Sub-major group
- 53Financial Services and Insurance Workers and Brokers
- Unit group
- 5312Credit and Loans Officers
Description
Analyses, evaluates and processes credit and loan applications.
Alternative titles
- Credit Analyst
- Lending Consultant
- Loans Consultant
- Loans Officer
Unit group
5312 · Credit and Loans OfficersDescription
Analyse, evaluate and process credit and loan applications.
Skill level
Australia
3
Occupation skill level 3
Tasks
Tasks include
- Analyses information about customers, and examines references, credit ratings, investment risks, pay slips and other information against predetermined policy standards
- Contacts financial and credit institutions to obtain information about customers
- Prepares papers setting out conditions of credit and loans, rates of repayments and loan periods, and provides information about customers' standing to financial and credit institutions
- Authorises the approval of credit and loan applications, and recommends credit and loan conditions and limits
- Keeps records of payments, and prepares routine letters requesting payment for overdue accounts and forwards these for legal action
- Answers enquiries concerning credit standing of customers, loan balances and penalties
- May recommend, approve and arrange mortgages
Occupations in this unit group
Sources
- www.abs.gov.au/statistics/classifications/osca-occupation-standard-classification-australia/2024-version-1-0/browse-classification/5/53/531/5312
- www.abs.gov.au/statistics/classifications/osca-occupation-standard-classification-australia/2024-version-1-0/data-downloads/OSCA%20Category%20Descriptions.xlsx
The supplied migration lists use ANZSCO codes, not OSCA codes.