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.
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If you're looking to start a rewarding career in finance, consider enrolling in one of the many Loan Administrator courses in Gympie. This vibrant regional area provides aspiring professionals the opportunity to pursue a career as a Loan Administrator, with a variety of courses tailored to suit all skill levels. Whether you're a beginner or an experienced professional, Gympie offers courses that can propel you into the exciting world of finance.
For those starting fresh, the Certificate III in Accounts Administration FNS30322 is an excellent choice. This beginner course provides the foundational skills necessary for anyone looking to step into the role of a Loan Administrator. As you progress through your studies in Gympie, you’ll gain valuable insights into financial processes that will prepare you for the challenges of the job market.
Experienced learners may wish to explore more advanced options, such as the Certificate IV in Finance and Mortgage Broking FNS40821, Certificate IV in Financial Services FNS41820, and the Certificate IV in Credit Management FNS40122. Each of these courses is designed for those with prior experience in the field and provides specialised knowledge that can enhance your career prospects and open doors to lucrative positions in the finance sector.
Completing a loan administrator course not only prepares you for the role, but it can also lead you to various related job opportunities in the finance and banking sectors. Consider exploring career options such as a Fraud Analyst, Finance Specialist, or Credit Manager. The skills gained through these courses are transferable and applicable across multiple roles, ensuring a robust career path.
To further enhance your knowledge and experience, you may also want to check related fields of study, such as Finance courses and Banking and Credit Services. These categories encompass a broader range of training opportunities that can complement your journey toward becoming a proficient Loan Administrator. Embrace the opportunities available in Gympie and take the first step towards a successful career in finance today!