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 considering a career as a Credit Officer, you can explore a variety of Credit Officer courses in Rockingham designed for both beginners and experienced learners. For those new to the field, courses like the Certificate III in Accounts Administration FNS30322 and the Certificate III in Mercantile Agents FNS30420 provide foundational skills and knowledge. On the other hand, experienced professionals can further their expertise with advanced qualifications such as the Certificate IV in Finance and Mortgage Broking FNS40821 or the Bachelor of Commerce (Finance), which is offered by Curtin University in Rockingham.
Enrolling in these Credit Officer courses in Rockingham gives you access to training from reputable local providers, including NMTAFE. Here, you will gain essential skills relevant to various job roles within the financial sector, including positions such as Accounts Clerk, Business Analyst, and Financial Analyst. With the right qualifications, you can pursue career opportunities in business, finance, and risk management domains and make a significant impact within the industry.
As you advance your career, consider further specialisation within sectors such as Banking and Credit Services or Risk Management. The skills acquired from the available Credit Officer courses in Rockingham not only prepare you for immediate employment but also position you for future roles like Credit Manager or Credit Analyst. By investing in your education today, you are equipping yourself with the necessary tools to thrive in a competitive job market and foster a successful career in this vital financial sector.