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 Lending Officer reviews and processes loan applications, assesses eligibility, gathers financial data, approves loans, and manages customer interactions.
Get qualified to work as a Lending Officer with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Lending Officer generally earns $1,538 per week ($79,976 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.
The amount of people employed in this job role has fallen slightly in recent years. There are currently 28,500 people working as a Lending Officer in Australia compared to 29,500 five years ago. Lending Officers may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
If you’d like to pursue a career as a Lending Officer, consider enrolling in a Certificate IV in Credit Management. This qualification will give you the skills 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 Lending Officer, enrolling in one of the many Lending Officer courses in Toowoomba can set you on the right path. In the Toowoomba area, there are five courses available, catering to both beginners and experienced professionals. For those new to the field, the Farm Business Management Skill Set AHCSS00030 offers foundational knowledge to jumpstart your career. Alternatively, experienced learners may find the Certificate IV in Finance and Mortgage Broking FNS40821, or the Diploma of Finance and Mortgage Broking Management FNS50322 more to their liking.
In Toowoomba, several Registered Training Organisations (RTOs) provide these essential courses, including the reputable Aventia Institute, which offers the Certificate IV in Financial Services. These qualifications not only enhance your skills but also improve your employability in various related job roles. If you're looking to expand your career options, consider roles such as a Credit Manager, Loan Administrator, or Finance Specialist.
The dynamic field of lending offers various paths that can align with your career aspirations. For those with qualifications, advanced courses such as the Certificate IV In Credit Management FNS40122 and Certificate IV in Financial Services FNS41820 provide the necessary expertise to excel in this industry. With these skills, you may also explore exciting roles as a Credit Analyst or a Banking Officer, among others.
Toowoomba is a great location for pursuing a career in finance and lending, with various institutions offering quality training in the Lending Officer space. Whether you're a newcomer or an experienced professional, the Lending Officer courses in Toowoomba provide comprehensive education options tailored to your needs. Explore your potential today by considering a course that aligns with your experience level and aspirations, and step confidently into your future career!