Credit and Loans Officers

Key Tasks

• •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

Employment Projections to 2034