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 Loan Administrator handles administrative tasks in the credit department, assists clients with application documents, and prepares paperwork for successful loans.
Get qualified to work as a Loan Administrator with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Loan Administrator generally earns $1,250 per week ($65,000 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.
This profession is likely to experience moderate growth in employment numbers in coming years. There are currently 45,700 people working in this industry in Australia and many of them specialise as a Loan Administrator. Loan Administrators may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
If you’re planning a career as a Loan Administrator, consider enrolling in a Certificate IV in Credit Management. This course will give you the knowledge and skills to work in a bank, loan company or brokerage firm. You’ll learn to assess credit applications, manage overdue customer accounts and recover bad or doubtful debts.
Browse occupations related to Loan Administrator
If you are looking to start a rewarding career as a loan administrator, you'll be pleased to find several excellent Loan Administrator courses in Australian Capital Territory tailored to suit various experience levels. Whether you're entering the field fresh or seeking to enhance your existing qualifications, there's a course for you. The Certificate III in Accounts Administration FNS30322 is a fantastic option for beginners without prior experience, giving you the foundational knowledge needed to thrive in the loan administration sector. You can find more details and enrol through this link: Certificate III in Accounts Administration FNS30322.
For those with prior experience seeking to advance, there are three excellent courses available in the Australian Capital Territory. The Certificate IV in Finance and Mortgage Broking FNS40821 is specifically designed for individuals keen to specialise in loan processing and mortgage broking. For further details, visit the link here: Certificate IV in Finance and Mortgage Broking FNS40821. By completing this course, you will gain essential skills that can significantly enhance your career prospects.
Another outstanding option for experienced learners is the Certificate IV in Financial Services FNS41820. This course provides in-depth knowledge and key competencies required for effective financial service delivery, making it a valuable asset for any loan administrator. Check out the specifics of this course by following this link: Certificate IV in Financial Services FNS41820.
If your focus is credit management, consider the Certificate IV in Credit Management FNS40122, which equips you with the skills to manage loans and credit effectively. This course is particularly beneficial for those looking to work in roles that involve assessing and approving credit applications. More information is available here: Certificate IV In Credit Management FNS40122.
The Canberra Institute of Technology (CIT) is a prominent provider of these courses, especially the Certificate III in Accounts Administration. They are highly regarded for their quality education and support, making them an excellent choice for aspiring loan administrators in the Australian Capital Territory. Explore their offerings and get started on your path to becoming a successful loan administrator today. For more information on all Loan Administrator courses offered in the region, visit Loan Administrator courses in Australian Capital Territory.