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)