3312-Credit and Loans Officers

Job Title: 

Credit and Loans Officers

Job Description: 

Credit and loan officers analyse 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 disapproval.


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 or approve or reject applications within authorised 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
Additional Notes: 

This unit group includes

Credit officer
Loans officer

Specific Occupations: 

Credit and loans officer

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

Source: SINGAPORE STANDARD OCCUPATIONAL CLASSIFICATION 2015, Department of Statistics, Ministry of Trade & Industry, Republic of Singapore