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Loan Officers and Counselors

Work Environment

Working conditions in financial institutions are generally pleasant. They are usually clean, well maintained, and often air-conditioned. They are generally located throughout cities for the convenience of both customers and employees. Working hours for financial institution loan officers and counselors may be somewhat irregular, as many organizations have expanded their hours of business.

In 2023, the U.S. Department of Labor reported that nearly 52 percent of loan officers and counselors were women. This percentage is slightly higher than their representation (about 47 percent) in the U.S. workforce.

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