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 in finance, exploring Loan Administrator courses in Thuringowa is a fantastic place to start. Whether you're a newcomer to the field or already have relevant experience, you'll find a range of courses designed to cater to different skill levels. For beginners, the Certificate III in Accounts Administration FNS30322 offers an excellent foundational understanding of the principles of accounts administration, ideal for paving your way into the finance sector.
For those who have prior experience and wish to enhance their skills, the advanced courses available, such as the Certificate IV in Finance and Mortgage Broking FNS40821, the Certificate IV in Financial Services FNS41820, and the Certificate IV In Credit Management FNS40122, provide comprehensive training that prepares you for various roles within the finance realm. With these credentials, you'll be well-equipped to navigate the complexities of loan administration and advance your career.
Additionally, pursuing a career as a Loan Administrator opens doors to various exciting job roles in Thuringowa. If you’re interested in exploring related positions, you might consider becoming a Fraud Analyst, a Finance Specialist, or even a Credit Manager. Each of these roles requires a solid understanding of financial processes, which you will gain through your Loan Administrator training.
Taking a step towards your future in finance is made easier with the diverse range of Loan Administrator courses in Thuringowa. You’ll not only build a strong foundation in finance but also gain insights into banking and credit services relevant to the Banking and Credit Services. Engaging in these courses will empower you to seize opportunities in roles like Banking Officer or Relationship Manager, shaping your career path in this dynamic industry.