Loan officers
Loan officers is an occupation catalogued under SOC 13-2072. The role reports a median annual salary of $74,180 in the US and is showing modest growth of 2% over the next decade. Entry typically requires a Bachelor's degree, and shows high AI exposure (0.70 on a 0-1 scale) — significant portions of core tasks are already being automated. The most in-demand skills for the role include banking activities, core banking software, actuarial science, credit control processes, analyse loans.
Top skills
Frequently asked questions
How much does Loan officers earn?
The median annual salary for Loan officers in the US is $74,180.
What is the job outlook for Loan officers?
The role is showing modest growth of 2% over the next decade. Current US employment is approximately 301,400 workers.
How do I become loan officers?
The typical entry education is a Bachelor's degree. Building a foundation in the top skills below will strengthen your application.
What skills does Loan officers need?
The most in-demand skills for this role include banking activities, core banking software, actuarial science, credit control processes, analyse loans, interview bank loanees. These are the skills O*NET identifies as most important for competent performance.
Will AI replace Loan officers?
Our AI-durability model gives Loan officers a score of 0.70 on a 0-1 scale (higher = more exposure). That places it at high AI risk — many core tasks are already being automated by generative AI and workflow tools. Focus on AI-adjacent skills or plan a pivot to an AI-durable adjacent role.
How hard is it to enter this field?
Loan officers has moderate barrier to entry — moderately gated — a bachelor's degree or equivalent training is typically required.
Is Loan officers right for you?
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