3312-Credit and loans officers

Job Title: 

Credit and loans officers

Job Description: 

Credit and loan officers analyze and evaluate financial information on applications for credit and loans and

determine approval or disapproval of the client for the credit or loan or recommend to management approval or


Tasks include:

  • interviewing applicants for personal, mortgage, student and business loans
  • researching and evaluating loan applicant?s financial status, references, credit and ability to repay the loan submitting credit and loan applications to management with recommendations for approval or rejection approving or rejecting loan applications within authorized limits ensuring that credit standards of the institution are respected
  • keeping records of payments, and preparing routine letters requesting payment for overdue accounts and forwarding these for legal action
  • completing credit and loan documentation.
  • Specific Occupations: 

    Loan officer

    Mortgage officer

    Credit officer

    Analyst( credit: assessing credit or loans/ financial: assessing credit worthiness of clients/ loans/risk: assessing credit worthiness of clients)

    Assessor, credit/Assessor, loans/Clerk, finance: approving or assessing credit or loans

    CCloenrtkr,o flilnera,n ccer:e dpirto: ceassssiensgs icnrge dcitr eadpiptl icwaotirothnisn oers sl oaonf s clients/Officer( acceptance: financial institution/ bank lending/ bank: loans or lending/ credit: bank, building society or credit union/ finance: approving, assessing or processing loans/ home loans/ lending services: bank, building society or credit union/ securities: loans or lending/ settlements: loans or financial settlements)

    Processor, loans/Supervisor, credit: assessing credit or finance/Underwriter, loans

    UWnrditeerrw, lroitaenr/,W mroirtetgr,a gmeosr tgage

    Similar O*NET Careers (USA) : 
    International Careers(ISCO): 
    Source Of Info: 

    Source: Pakistan Bureau of Statistics, PSCO-2182