Loan officer, Āpiha whakarite pūtea taurewa
Also known as
- Lending officer, lending administrator, loan clerk
Loan officers interview applicants to collect personal and financial information to complete loan applications.
Your pay could be
$50K
Lower
$70K to $102K
Most common
$160K
Upper
How does this pay compare?
Pay is before tax
Your training could be
0-3 years
Loan officers
- usually work regular business hours
- usually work in offices and may travel locally
- need to be methodical, accurate and communicate well
Tasks
- interview customers about their loan needs
- collect customer personal and financial information
- assess loan applications
- prepare loan forms and documents
- determine the value of assets
- keep customer loan records updated
- tell customers about loan decisions
- write letters and loan documents
- organise loan information and paperwork
Organised
Enterprising
Social
Interests that fit this job
Interest quiz,
Kairoro Kaingākau
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Do the quizYou usually learn on the job to become a loan officer and qualifications and experience may be useful.
You may need
- experience in similar work
- to join a professional organisation
- a New Zealand Certificate in Financial Services (Level 5)
- a New Zealand Diploma of Conveyancing (Level 6)
- a bachelor's degree in management and business studies, banking and finance, accounting or similar area
If you’re in school
You usually need NCEA Level 3 or University Entrance to do the study or training for this job.
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