Employment for loan officers and counselors is expected to grow by 1 percent, slower than the average for all occupations, through 2033, according to the U.S. Department of Labor (DOL). The growth of online and mobile banking and increased use of technology in the loan processing system is expected to slow employment growth, as more brick-and-mortar bank branches close. During times of economic growth, however, individuals and businesses will need credit to fund their personal expenditures and commercial investments. Mortgage bankers and loan officers will be needed to review and determine the creditworthiness of applicants to make sure the loans will be paid off according to the agreed terms. Those with experience in banking, lending, or sales will have an edge in the job market.
- Accountants
- Auditors
- Automatic Teller Machine Servicers
- Automotive Dealership Sales Managers
- Bank Branch Managers
- Bank Examiners
- Billing Clerks
- Bookkeeping and Accounting Clerks
- Business Managers
- Chief Financial Officers
- College Administrators
- Compliance Managers
- Credit Analysts
- Economists
- Financial Analysts
- Financial Institution Officers and Managers
- Financial Institution Tellers, Clerks, and Related Workers
- Financial Planners
- Financial Quantitative Analysts
- Financial Services Brokers
- Forensic Accountants and Auditors
- Fraud Examiners, Investigators, and Analysts
- Investment Fund Managers
- Investment Professionals
- Investment Underwriters
- Loan Officers and Counselors
- Loan Processors
- Loan Underwriters
- Private Bankers
- Regulatory Affairs Managers
- Regulatory Affairs Specialists
