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Loan Administrator

A Loan Administrator handles administrative tasks in the credit department, assists clients with application documents, and prepares paperwork for successful loans.

How do I become a loan administrator

Get qualified to work as a loan administrator with a course recognised across Australia. Speak to a training provider to learn more.

Common questions

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.

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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

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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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Further reading

What can you do with a Certificate IV in Business (Administration)?

7th March 2022

What can you do with a Certificate IV in Business Administration?

1st June 2021

What can you do with a Diploma of Legal Services?

22nd September 2020

Loan Administrator careers

A Loan Administrator performs a range of administrative tasks in the credit department of a bank, financial institution or brokerage company. You might gather financial information and paperwork on behalf of clients and assist with the completion of application documents. Loan Administrators may prepare paperwork for successful borrowers.

Loan Administrators must have good customer service skills and be able to communicate well with colleagues and clients. It’s important you can follow correct procedures and complete a range of administrative duties. Loan Administrators should be able to work as part of a team and must be able to manage their time well.