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 kickstart your career in finance, our Loan Administrator courses in Mackay provide a perfect pathway. With a comprehensive range of options available, you can choose a course that suits your experience level. Beginners can enrol in the Certificate III in Accounts Administration FNS30322, which equips learners with essential knowledge and skills for a successful career in loan administration. This course is designed for individuals without prior experience, making it an ideal starting point for those eager to enter the bustling finance sector in Mackay.
For those with prior experience or qualifications, there are several advanced courses to enhance your skills and employment prospects. The Certificate IV in Finance and Mortgage Broking FNS40821, the Certificate IV in Financial Services FNS41820, and the Certificate IV In Credit Management FNS40122 are all excellent options that cater to experienced individuals looking to refine their expertise in loan administration and related fields. By pursuing these qualifications, you can elevate your career prospects in Mackay’s competitive finance industry.
Additionally, the Loan Administrator role opens up numerous opportunities in adjacent job fields. You might consider related positions such as a Fraud Analyst, Finance Specialist, Credit Manager, or Credit Controller. For those interested in the broader banking landscape, roles such as Banking Officer and Relationship Manager may also appeal to you. Explore the variety of Finance courses and Banking and Credit Services available to gain the competitive edge in your career journey in Mackay.