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ISCO-08-code: 
3312

ISCO 08 Code 3312     Credit and loans officers

Lead Statement

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.   

Task statement

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 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.

Included occupations

Examples of the occupations classified here:

  • Manager, financial institution branch
  • Officer, loan
  • Officer, mortgage

Excluded occupations

Notes

(NCvB; Mei 2010)