Loan Officer

Organize

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

Douglas Rushkoff
Loan Officer

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.

Swipe

Potential Salary Range

$63,000 Annually

Which provinces would this job be in?

Alberta AB
Alberta
British Columbia BC
British Columbia
Manitoba MB
Manitoba
New Brunswick NB
New Brunswick
Newfoundland & Labrador NL
Newfoundland & Labrador
Nova Scotia NS
Nova Scotia
Nunavut NU
Nunavut
Northwest Territories NWT
Northwest Territories
Ontario ON
Ontario
Prince Edward Island PEI
Prince Edward Island
Quebec QC
Quebec
Saskwatchewan SK
Saskwatchewan
Yukon Territories YT
Yukon Territories

I usually work in an office where clients come to meet with me. I create a welcoming space where people feel comfortable talking about their finances and making big decisions for their farms or businesses.

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.
100all

Job Outlook

    The outlook for loan officers is strong. As people continue to start and grow businesses in agriculture and rural areas, the need for financial support will remain steady.

Related School Subjects

69 Math
Social Studies
Career Education

What words come to mind when thinking about this career?

Finances Money Investment

Important Skills

Money Management

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

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.

Swipe

The Best Things About This Job Are…

Pays Well
Helps Others
Has Business Perks
Opportunity to Travel
Flexible Work Environment