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Loan Officers  (NOC 1232)
Lethbridge--Medicine Hat Region
Description |  Titles |  Duties |   Related Occupations

Loan officers examine, evaluate and process credit and loan applications. They are employed by banks, trust companies, credit unions and similar financial institutions.

credit officer, loan officer, mortgage officer.

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Loan officers perform some or all of the following duties:
  • Interview applicants for personal, mortgage, student and business loans
  • Research and evaluate loan applicant's financial status, references, credit and ability to repay the loan
  • Complete credit and loan documentation
  • Submit 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
  • Promote the sale of credit and loan services
  • Review and update credit and loan files
  • Prepare statements on delinquent accounts and forward irreconcilable accounts for collector action.
Included Cities in Region | Service Canada Offices

Lethbridge, Medicine Hat, Bassano, Bow Island, Brooks, Cardston, Claresholm, Coaldale, Coalhurst, Fort Macleod, Magrath, Nanton, Picture Butte, Pincher Creek, Raymond, Redcliff, Taber

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View a list of Service Canada offices in this area.

Outlook & Prospects for Loan Officers in Lethbridge--Medicine Hat Region

The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.

Local Employment Potential Information

Table on the employment potential for Loan Officers in Lethbridge--Medicine Hat Region as well as in the rest of the Alberta.
Location Employment Potential Release Date
Lethbridge--Medicine Hat Region N/A N/A
[ Source: Labour Market Information - HRSDC ]

Local Labour Market News

Week of Oct 15 – Oct 19, 2012

  • The Bank of Montreal has opened a new branch on the west side of Lethbridge, for which it has hired 12 employees. The new location will serve the growing population of the city's west region, which has increased by over two percent since 2011.

Week of Aug 27 – Aug 31, 2012

[ Source: Labour Market Information - HRSDC ]
Please consult the Alberta and Canada tabs for more useful information related to outlook.