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Loan Officers

Business and Financial Operations · SOC 13-2072

18.6% AI Exposure — High
$76,690
Median Annual Salary
Bright ↗
O*NET Outlook
29,900
Proj. Annual Openings
274,330
Employment (OEWS 2025)
81/100
AI Resiliency Score

AI exposure from the Anthropic Economic Index (2025); salary from BLS; skills from O*NET. See /sources.

AI Exposure Analysis

AI Exposure18.6%
AI Resiliency81/100
Exposure BandHigh
Sector Avg. Exposure17.3%

Top Skills

1.Active Listening
2.Speaking
3.Reading Comprehension
4.Judgment and Decision Making
5.Critical Thinking

O*NET occupation profile

What this work involves

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

Common titles: Commercial Banker, Commercial Loan Officer, Corporate Banking Officer, Financial Aid Advisor, Financial Aid Counselor, Financial Aid Officer

Representative Tasks

  • Meet with applicants to obtain information for loan applications and to answer questions about the process.
  • Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
  • Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
  • Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
  • Submit applications to credit analysts for verification and recommendation.

Detailed Work Activities

  • Interview clients to gather financial information.
  • Assess financial status of clients.
  • Authorize financial actions.
  • Interpret financial information for others.
  • Submit financial applications.

Tools & Technologies

Microsoft Access · hotOracle PeopleSoft · hotSAP software · hotZoom · hotBottom Line LoanMaster Loan ServicingDatatel ColleagueDelphi DiscoveryExperian CredinomicsFileMaker ProFinancial Industry Computer Systems Loan Accountant

Related Occupations

Employment Projections & AI Exposure

15
Occupations Shown
26.0%
Avg AI Exposure
9
Bright Outlook

Sector Comparison

MetricThis CareerSector Average
AI Exposure18.6%17.3%
OutlookBright ↗50% Bright
Median Salary$76,690N/A
AI Resiliency81/100N/A