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 considering a career as a Loan Administrator, enrolling in Loan Administrator courses in Maitland is the perfect first step. Maitland, located in the beautiful Hunter Region of New South Wales, offers an array of training options to help you develop the skills necessary for this pivotal role in the finance and banking sectors. These courses provide the essential knowledge needed to assist clients with their loan applications while ensuring adherence to regulatory requirements.
Beyond Loan Administrator courses, you might also explore various finance courses that can expand your understanding of the financial landscape. These studies can equip you with broad knowledge applicable to many job roles, such as a Credit Controller or Credit Manager. Given Maitland's supportive community and numerous financial institutions, you'll have ample opportunities to network and seek employment post-graduation.
Additionally, the field of Banking and Credit Services is thriving in Maitland, creating exciting prospects for those pursuing careers in this area. Completing your Banking and Credit Services courses can pave the way for specialised roles such as a Finance Specialist or Banking Officer. The skills gained from these qualifications will not only make you a competitive candidate but also enrich your professional journey.
Maitland is a fantastic place to commence your career in finance, offering numerous Credit Officer and Banker training opportunities. As you embark on this exciting journey, keep an open mind about exploring related roles such as a Mortgage Broker or even an Investment Banking Analyst. By investing in your education today, you’re setting yourself up for success in the dynamic world of finance.