531231 Credit or Loans Officer (Aus) / Finance Clerk (NZ)

• Credit Analyst
• Lending Consultant
• Loans Consultant
• Loans Officer

This occupation has a skill level corresponding to the qualifications and experience below.

Australia

• Skill Level 3: AQF Certificate III including at least two years of on-the-job training, AQF Certificate IV, or at least three years of relevant experience

New Zealand

• Skill Level 3: NZQF Level 4 qualification, or at least three years of relevant experience

• Analyses information about customers, and examines references, credit ratings, investment risks, pay slips, and other information against predetermined policy standards
• Contacts financial and credit institutions to obtain information about customers
• Prepares papers setting out conditions of credit and loans, rates of repayments, and loan periods, and provides information about customers' standing to financial and credit institutions
• Authorises the approval of credit and loan applications, and recommends credit and loan conditions and limits
• Keeps records of payments, and prepares routine letters requesting payment for overdue accounts and forwards these for legal action
• Answers enquiries concerning credit standing of customers, loan balances, and penalties
• May recommend, approve, and arrange mortgages