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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For anyone aspiring to excel in the finance industry, exploring the wide array of Loan Administrator courses in Tasmania is an excellent starting point. With a total of four courses available, learners can easily find the right fit whether they are beginners or experienced professionals. For those just starting, the Certificate III in Accounts Administration FNS30322 offers foundational skills and knowledge, setting the stage for a successful career in loan administration.
Experienced professionals seeking to further their careers can pursue advanced qualifications with our selection of VET courses. Notable options include the Certificate IV in Finance and Mortgage Broking FNS40821, which equips learners with specialised skills, and the Certificate IV in Financial Services FNS41820, ideal for those looking to deepen their expertise. The Certificate IV In Credit Management FNS40122 is another outstanding option, focusing on credit assessment and management strategies.
By undertaking these Loan Administrator courses in Tasmania, you will not only acquire essential skills but also open the door to various job roles within the finance sector. Graduates may find opportunities as a Fraud Analyst, a Finance Specialist, or even a Credit Manager. Furthermore, roles such as Credit Controller and Credit Specialist are excellent fits for those who have honed their skills through these courses.
The growing finance and banking sectors in Tasmania present numerous career opportunities for trained professionals. Individuals qualified through our Loan Administrator courses in Tasmania can also explore roles such as Banking Officer and Settlements Officer, both of which are in demand within the local economy. Additionally, a rewarding career as a Banker or Relationship Manager awaits for those who achieve these qualifications.