State/Territory Eligibility Summary Table

State/Territory Eligibility Details

552211: Credit or Loans Officer

Description

Analyses, evaluates and processes credit and loan applications. May work in a call centre.

Skill Level 4

Occupations at Skill Level 4 have a level of skill commensurate with one of the following:

- NZ Register Level 2 or 3 qualification or
- AQF Certificate II or III.

At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience may be required in addition to the formal qualification.

• Assessing Authority

  There is no Assessing Authority assigned to ANZSCO code 552211

Alternative Titles

• Lending Consultant
• Loans Consultant
• Loans Officer

Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used.

Unit Group 5522: Credit and Loans Officers (Aus) Finance Clerks (NZ)

Description

Analyse, evaluate and process credit and loan applications.

Indicative 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 II or III (ANZSCO Skill Level 4)

- In New Zealand:

NZ Register Level 2 or 3 qualification (ANZSCO Skill Level 4)

At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

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

• Occupation ceilings programme year 2018-2019
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• Average Weekly / Annual Earnings
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Explanatory Notes - Information

Eligibility

The term “may be eligible” relates to general eligibility and should not be misinterpreted as your individual eligibility to apply for a visa. Note that additional specific requirements and criteria also apply to visa eligibility (e.g. higher English requirements, evidences of a job offer, etc).

Definitions

• Occupation List refers to the register of professional occupations which might qualify for an Australian Visa. There are 7 skilled occupation lists in total.
• MLTSSL is the acronym for 'Medium and Long-term Strategic Skills List'.
• STSOL is the acronym for 'Short-term Skilled Occupation List'.
• ROL is the acronym for 'Regional Occupation List'.
• IMMI 18/051, IMMI 18/048, IMMI 18/049, IMMI 18/43, IMMI 18/050 refer to current Legislative Instruments which list the table of occupations appropriate for the respective visa programmes.
• Conditions refer to current caveats applying for a particular occupation under specific visa programmes.

Disclaimer

The information in this website is intended to provide general information in relation to Australia’s General Skilled Migration program and the possible visa options for a particular occupation. Anzscosearch makes no warranty and will not be held liable for any loss or damage, whether direct or consequential in connection with the use of information contained in this website.

While due care has been taken to ensure that the content is kept-up-to-date and correct, the currency and thus accuracy of the information cannot be guaranteed due to the frequent changes in migration law, policy and procedures and related processes.

It is important that you directly check the information published on official websites of the Department of Home Affairs, skills assessment bodies and other government agencies such as a state/territory governments.