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 Credit Officer processes loan applications, assesses risks, analyses financial data, and recommends approval, requiring strong analytical, banking, and customer service skills.
Get qualified to work as a Credit Officer with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Credit Officer generally earns $1,346 per week ($69,992 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.
There has been a slight decrease in the number of people working in this industry in recent years. There are currently 28,500 people working as a Credit Officer in Australia compared to 29,500 five years ago. Credit Officers may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
If a career as a Credit Officer interests you, consider enrolling in a Certificate IV in Credit Management. This course will show you how 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.
Browse occupations related to Credit Officer
If you're interested in pursuing a career as a Credit Officer, you'll find a variety of excellent training options in Ballarat, Australia. With 6 diverse Credit Officer courses in Ballarat available, learners can choose from beginner courses to advanced qualifications that cater to different experience levels. Whether you are just starting or looking to enhance your skills, there are suitable options for everyone. For those without prior experience, consider enrolling in the Certificate III in Accounts Administration (FNS30322) or the Certificate III in Mercantile Agents (FNS30420), both designed to provide foundational knowledge in finance and credit operations.
For experienced learners seeking to advance their careers, several advanced courses are available. The Certificate IV in Finance and Mortgage Broking (FNS40821) and the Certificate IV in Financial Services (FNS41820) equip students with the skills necessary for successful practice in the financial sector. Additionally, the Certificate IV In Credit Management (FNS40122) is also a highly regarded qualification, as well as the Bachelor of Commerce (Finance) for those looking to achieve a degree-level qualification.
The training providers in Ballarat, such as Deakin University, offer these Credit Officer courses with a focus on delivering quality education and practical experience. As a registered training organisation, Deakin University ensures that the courses meet industry standards, preparing students for successful careers in finance and credit management. By choosing local providers, you can benefit from a convenient and accessible learning experience tailored to the Ballarat community.
Additionally, the Credit Officer career path is often linked to broader fields of study that can enhance your employability. Exploring our Business courses, Finance courses, and Risk Management options can further equip you with valuable skills that employers seek. You may also be interested in furthering your understanding of Business Administration, Accounting, and Banking and Credit Services, all of which complement the Credit Officer role.