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.
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If you're looking to enhance your career in finance and are interested in specific job roles such as a Credit Analyst or Collections Officer, exploring the diverse range of Credit Officer courses in Geelong is an excellent step forward. The local area offers 8 distinct courses designed to cater to both beginners and experienced professionals. For those new to the field, starting with courses like the Certificate III in Accounts Administration FNS30322 or the Certificate III in Mercantile Agents FNS30420 could provide foundational skills that are crucial in finance and banking.
With respected training providers such as Danford College and The University of Melbourne offering advanced programs, learners can pursue more specialised qualifications like the Certificate IV In Credit Management FNS40122 or the Diploma of Banking Services Management FNS50922. Completing these courses can open the door to various roles in the business and finance sectors, including becoming a Financial Controller or taking on advisory positions within financial institutions.
Enrolling in Credit Officer courses in Geelong not only prepares you for immediate entry into the finance industry but also lays the groundwork for future advancement in related fields such as Accounting, Finance, and Risk Management. With comprehensive training and numerous career pathways available in the Geelong area, now is the perfect time to develop your skills and secure your place in this dynamic industry.