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 interested in pursuing a career as a Credit Officer, there are numerous Credit Officer courses in Newcastle that cater to both beginners and those with prior experience. For newcomers, courses such as the Certificate III in Accounts Administration FNS30322 and the Certificate III in Mercantile Agents FNS30420 provide essential skills, ensuring you have a solid foundation in the finance sector. Experienced learners can advance their qualifications with options like the Certificate IV in Finance and Mortgage Broking FNS40821 or the Bachelor of Commerce (Finance) from the University of Newcastle (UON).
Newcastle is home to reputable training providers such as TAFE NSW, offering various courses that equip students with the necessary knowledge and skills to excel in credit-related jobs. Graduates of these Credit Officer courses in Newcastle may explore diverse job roles, including Accounts Officer, Credit Analyst, and even Credit Manager. Your career trajectory can lead to a variety of positions within the fields of finance, accounting, and risk management.
As you embark on this educational journey, explore related fields of study that could further enhance your career prospects, including Business courses and Finance courses. With plenty of options available, such as specialist training in Banking and Credit Services and Business Administration, Newcastle is a vibrant hub for professional growth and learning. Start your path to a rewarding career as a Credit Officer today by considering the numerous Credit Officer courses available in Newcastle.