1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997

Contents >> 02 Structure & Definitions >> 5 Advanced Clerical and Service Workers >> 59 Other Advanced Clerical and Service Workers >> 591 Advanced Numerical Clerks >> 5912 Credit and Loans Officers >> 5912-11 Credit and Loans Officer

5912-11 Credit and Loans Officer

Analyses and evaluates loan or credit applications.

Skill Level:
The entry requirement for this occupation is an AQF Certificate III or higher qualification or at least 3 years relevant experience. In some instances relevant experience is required in addition to the formal qualification.

Tasks Include:

assesses credit ratings and investment risks against pre-determined policy standards
authorises the approval of loan or credit applications or recommends loan or credit conditions and limits
contacts financial and credit institutions to obtain information about customers
obtains and analyses information about clients
maintains records and prepares reports on findings and on defaulting customers
supplies information to financial and credit institutions on customers' credit standing
may recommend or approve and arrange mortgages