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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For individuals seeking to establish a career in the finance sector, Credit Officer courses in New South Wales offer a robust stepping stone. These courses are designed for both beginners and experienced learners, catering to various levels of expertise. Aspiring credit officers can start with foundational courses such as the Certificate III in Accounts Administration FNS30322 or the Certificate III in Mercantile Agents FNS30420, both of which are ideal for learners with no prior qualifications.
For those with previous experience, the advanced Certificate IV in Finance and Mortgage Broking FNS40821, Certificate IV in Financial Services FNS41820, and the Certificate IV in Credit Management FNS40122 are some of the enriching programs available. These courses are tailored to equip students with the necessary skills to excel in various finance-related roles in New South Wales.
Esteemed training providers such as TAFE NSW offer comprehensive courses, including the Diploma of Banking Services Management FNS50922, further enhancing career prospects for credit officers. Additionally, the University of Sydney provides the Bachelor of Commerce (Finance), a highly respected qualification that opens doors to various senior roles within the finance industry.
Upon completing a qualification, aspiring credit officers can explore numerous related positions in New South Wales. Career opportunities are abundant, with roles such as Accounts Clerk, Fraud Analyst, and Credit Analyst amongst the potential pathways. Each of these positions enables professionals to utilise their skills and knowledge garnered during their training.
Whether you are starting your journey or looking to advance your career in finance, Credit Officer courses in New South Wales provide a structured pathway to success in the industry. With the support of experienced training providers and a comprehensive curriculum, students will be well-prepared to tackle the challenges in the financial sector and make their mark in various roles, including Collections Officer and Credit Manager. The future in finance awaits you, filled with opportunities for personal and professional growth.