Advancement Opportunities
Capable loan officers may advance to larger branches of the firm or to managerial positions, while less capable workers—and those having weak academic preparation—could be assigned to smaller branches and might find promotion difficult without obtaining training to upgrade their skills. Advancement beyond a loan officer position usually includes supervising other loan officers and clerical staff.
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“There is no greater impediment to the advancement of knowledge than the ambiguity of words.”
—Thomas Reid (1710–1769)