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OverviewNature of WorkKnowledge AreasSkills Utilized
Job ActivitiesAbilitiesJob ConditionsWork SatisfactionEducation/Training

Knowledge Areas

Learn about the most important knowledge areas for Loan Officers. Also, find out how proficient you have to be in each knowledge area.

Importance*More Info
1.Sales and Marketing80
2.Customer and Personal Service79
3.Economics and Accounting72
4.English Language68
5.Mathematics58
6.Clerical44
7.Law and Government43
* Importance out of 100

Score Key
  Importance for success in this profession
  Level of proficiency needed
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Knowledge Area Scores

Sales and Marketing
Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
80
65
Sell cakes at a bake saleCall a list of clients to introduce them to a new product lineDevelop a marketing plan for a nationwide telephone system
Customer and Personal Service
Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
79
61
Process customer dry-cleaning drop offWork as a day care aide supervising 10 childrenRespond to a citizen's request for assistance after a major disaster
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
72
68
Answer billing questions from credit card customersDevelop financial investment programs for individual clientsKeep a major corporation's financial records
English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
68
62
Write a thank you noteEdit a feature article in a local newspaperTeach a college English class
Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
58
55
Add two numbersAnalyze data to determine areas with the highest salesDerive a complex mathematical equation
Clerical
Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
44
44
File letters alphabeticallyType 30 words per minuteOrganize a storage system for company forms
Law and Government
Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
43
50
Register to vote in a national electionPrepare documents and title papers for the purchase of a new houseServe as a judge in a federal court