Loan administrator, Kaiwhakarite pūtea taurewa
Also known as
- Lending specialist, lending support officer, lending consultant, loan officer, loan specialist, loan consultant, lending and sales specialist
Loan administrators process applications for credit and loans through banks and other financial organisations. They may deal with mortgage, business and investment loan applications.
Your pay could be
$50K
Lower
$61K to $98K
Most common
$136K
Upper
How does this pay compare?
Pay is before tax
Loan administrators
- usually work regular business hours
- usually work in offices or banks
- need to be organised, accurate and communicate well
Tasks
- Interview clients to gather financial information.
- Assess financial status of clients.
- Authorise financial actions.
- Interpret financial information for others.
- Submit financial applications.
- Verify accuracy of financial information.
- Gather financial records.
- Examine financial records.
- Maintain data in information systems or databases.
- Develop financial plans for clients.
You usually need experience to become a loan administrator and a qualification may be useful.
You may need
- experience in banking or finance roles
- a relevant tertiary qualification in financial services, finance, credit management or similar area
If you’re in school
You usually need NCEA Level 3 to do the study or training for this job.
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