Credit or Loans Officer (Aus) / Finance Clerk (NZ) - ANZSCO 552211

Analyses, evaluates and processes credit and loan applications. May work in a call centre.
Skill Level
Alternative Titles
  • Lending Consultant
  • Loans Consultant
  • Loans Officer
Skills Assessment Authority
No caveats apply to this occupation.

Group: 5522 Credit and Loans Officers (AUS) or Finance Clerks (NZ)

CREDIT AND LOANS OFFICERS (AUS) / FINANCE CLERKS (NZ) analyse, evaluate and process credit and loan applications.
  • analysing information about customers and examining references, credit ratings, investment risks, pay slips and other information against predetermined policy standards
  • contacting financial and credit institutions to obtain information about customers
  • preparing papers setting out conditions of credit and loans, rates of repayment and loan periods, and providing information about customers' standing to financial and credit institutions
  • authorising the approval of credit and loan applications and recommending credit and loan conditions and limits
  • keeping records of payments, and preparing routine letters requesting payment for overdue accounts and forwarding these for legal action
  • answering inquiries concerning credit standing of customers, loan balances and penalties
  • may recommend, approve and arrange mortgages
  • may work in a call centre
Skill Level
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV or at least three years of relevant experience (ANZSCO Skill Level 3)

In New Zealand:
NZQF Level 4 qualification, or at least three years of relevant experience (ANZSCO Skill Level 3)

In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Occupations in this Group

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