Loan Officer

Holland Code:

Organize

Step by step, place became property, property became a mortgage, and mortgages became derivative investments.

Douglas Rushkoff

In A Nutshell

I help people in agriculture access loans to buy land, equipment, livestock, or improve their operations.

I review financial information to figure out what kind of loan makes sense for each person or business.

I keep track of active loans and make sure both the lender and borrower are set up for long-term success.

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Potential Salary Range

$63,000 Annually

Which provinces would this job be in?

Alberta

British Columbia

Manitoba

New Brunswick

Newfoundland & Labrador

Nova Scotia

Nunavut

NWT

Northwest Territories

Ontario

PEI

Prince Edward Island

Quebec

Saskwatchewan

Yukon Territories

I spend my days meeting with clients in the office, helping them plan for big financial decisions. I enjoy guiding farmers and business owners through the process, finding solutions that support their goals, and seeing their plans take shape in the real world.

Workplace

Indoor

Job Requirements & Duties

Meet with clients to understand their goals, like buying land, animals, or equipment
Review financial information to decide if a loan is a good fit and can be repaid responsibly
Explain loan conditions, risks, and repayment terms clearly
Prepare and process loan applications and legal documents
Monitor loan payments and follow up on missed or late payments
Stay updated on financial trends that affect farming and rural businesses
Encourage lending practices that support sustainability and long-term success in agriculture

Education & Training

A university degree in finance or another business-related field is required for this job.

Job Outlook

Loan officers provide essential financial guidance and support to businesses and individuals. Their expertise is consistently valued in helping clients make informed financial decisions.

Related School Subjects

Math

Social Studies

Career Education

What words come to mind when thinking about this career?

Finances Money Investment Loan Assessment Lending Clients Advising Credit

Important Skills

Money Management

I work with numbers every day, so being confident with money and financial planning helps me make smart lending decisions.

Customer Service

I build trust with clients by listening closely and helping them reach their goals. Good service means people feel supported through every step of the loan process.

Organizational

I often work with multiple clients at once. Staying organized helps me manage time, track details, and give each person the attention they deserve.

Decision Making

I'm responsible for making tough calls about approving loans. Being confident and thoughtful in my decisions is key to helping both the client and the business succeed.

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The Best Things About This Job Are…

Pays Well

Helps Others

Has Business Perks

Opportunity to Travel

Flexible Work Environment

References

AITC Canada

Disclaimer

All career information has been gathered from a variety of sources and compiled to provide a general idea as to what each career could entail. Agriculture in the Classroom Canada is committed to doing our best to ensure the information is current and reliable. However, we will not be liable for the accuracy of the information. Please contact us if you notice errors or would like to provide feedback.