Loan Officers: where your skills can take you
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
Most common qualification in Australia: a bachelor degree (30% of workers, 2021 Census) · Australian median pay for Credit and Loans Officers: A$93,900 full-time (Jobs and Skills Australia)
Job names and descriptions on this page come from the US government's job list (O*NET). Some use American words, for example "elementary school" for primary school.
Three moves that use what a loan officer already knows
Ranked by how much of the job's skills and knowledge carries over. Each one says what the move usually costs in study.
Accountants and Auditors
🧰 Your current job already uses sound judgement, solving difficult problems, managing your own time and looking after customers and clients.
🎓 A degree. We have no qualification data for this job. Check what it asks for with a course provider or an employer.
🪪 Tax agents must register with the Tax Practitioners Board, and company or SMSF auditors with ASIC
🔎 Find degrees on Course Seeker ↗ (type the job's name there)
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Insurance Underwriters
🧰 Your current job already uses sound judgement, looking after customers and clients, bringing people around to an idea and negotiating.
🎓 No more study. Your current level of study is usually enough. The most common level in the US is a bachelor's degree (73%).
🔎 Find degrees on Course Seeker ↗ (type the job's name there)
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Loan Interviewers and Clerks
🧰 Your current job already uses sound judgement, solving difficult problems, reading people and managing your own time.
🎓 No more study. Your current level of study is usually enough. The most common level in Australia is Year 12 or below (32%).
🔎 Find courses for this job on training.gov.au ↗
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
These are the three closest moves. The full list holds 24. Answer four quick questions — how much more study, which field, what you want more of, where you live — and the list fits you. Subscribers can plan any move.
See all 24 moves →Take the free testData sources and licences
O*NET 30.3 — This service incorporates information from the O*NET 30.3 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. JobMatcha has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.
ABS ANZSCO 2022 Australian Update — Australian occupation tags are derived from the Australian Bureau of Statistics ANZSCO 2022 Australian Update correspondence tables (ABS, © Commonwealth of Australia, licensed under CC BY 4.0), bridged to U.S. occupations via U.S. Bureau of Labor Statistics SOC crosswalks (public domain). Only high-confidence (>= 0.8) one-to-one chains are shown; other mappings are withheld as 'Australian data unavailable'.
Australian pay and shortage lines: Jobs and Skills Australia.