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Loan Officers  (NOC 1232)
Halifax 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

Halifax, Dartmouth, Brookside, Goodwood, Hammonds Plains Road, Hatchet Lake, Lake Echo, Uplands Park

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View a list of Service Canada offices in this area.

Wages for Loan Officers in Halifax Region

Wages depend on job requirements and work conditions. They also vary between regions, for reasons such as location, labour agreements, and the availability of workers. The wages below are estimated before taxes.

Wage Estimates

Table of wage levels for your chosen occupation in your region as well as in the rest of the province or territory.
Location Wage ($/hr) Note
Low Median High
Halifax Region 11.00 19.49 28.21 NoteLink opens in a new window
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
[ Source: Labour Market Information - HRSDC | Wage Methodology ]
Please consult the Nova Scotia and Canada tabs for more useful information related to wages.