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 are looking to advance your career in the finance sector, exploring the Loan Administrator courses in Hobart could be your next step. These courses are designed to equip you with essential skills required in various financial roles, ensuring you stand out in a competitive job market. Hobart, the picturesque capital of Tasmania, is home to several Registered Training Organisations (RTOs) that offer comprehensive training in loan administration, backed by industry recognition. By enrolling in these courses, you’ll be prepared for a variety of positions, including roles such as a Fraud Analyst or a Credit Manager, essential for effective financial operations.
The Loan Administrator field intersects significantly with Finance courses and Banking and Credit Services, both of which are pivotal to understanding the mechanisms of loan processing and management. By gaining expertise in these areas, you can enhance your capabilities not only as a Loan Administrator but also as a Credit Specialist or Banking Officer. The practical knowledge and skills developed through the Loan Administrator courses in Hobart ensure that graduates are well-prepared to meet the demands of the industry in Tasmania and beyond.