Employment Trends by California County Advancement Capable loan officers and counselors may advance to larger branches of the firm or to managerial positions, while less capable workers and those having inadequate academic preparation could be assigned to smaller branches and might find promotion difficult. Advancement beyond a loan officer position usually includes supervising other loan officers and clerical staff. For public relations purposes, loan officers must be willing to attend community events as a representative of their employer. For a list of current job listing, browse Caljobs or America's Job Bank . Click Right facing arrow to start Video, Speaker Icon to contol Sound Requires QuickTime 4 Education and Training Loan officer positions generally require a bachelor's degree in finance, economics, or a related field.
Most employers prefer applicants who are familiar with computers and their applications in banking.
For commercial or mortgage loan officer jobs, training or experience in sales is highly valued by potential employers. Loan officers without college degrees usually have reached their positions by advancing through the ranks of an organization and acquiring several years of work experience in various other occupations, such as teller or customer service representatives.