Rankings β†’ Will AI Replace…

Will AI Replace Loan Officers?

68/100 β€” High Risk
SOC 13-2072

πŸ’‘ Loan Officers have a composite risk score of 68/100 (Frey-Osborne probability: 98%, GenAI exposure: 95/100). With 290,530 workers in the US, this is one of the most AI-vulnerable occupations. Full occupation profile β†’

🎯 The Verdict

Likely for many tasks. The role will look very different in 5–10 years.

With 290,530 workers and a median wage of $74K,loan officers represent a significant portion of the US workforce. Their GenAI exposure index is 95%, meaning a majority of their core tasks overlap with current generative AI capabilities.

Risk Score

68/100

Employment

290,530

Median Wage

$74K

GenAI Exposure

95%

⚠️ Top Risk Factors

1.

AI-powered research and literature review tools

2.

Algorithmic trading and AI portfolio management

3.

Automated data interpretation and insight generation

4.

Automated financial reporting and reconciliation

πŸ›‘οΈ Tasks AI Can't Easily Replace

βœ“

Strategic advisory requiring deep client relationship knowledge

βœ“

Navigating regulatory ambiguity and compliance judgment

βœ“

Ethical judgment in fiduciary and advisory roles

πŸ”„ Career Transition Paths

Related occupations with lower AI risk and high skills overlap:

Advertising, Marketing, Promotions, Public Relations, and Sales Managers

69% skills overlap Β· $145K median wage

16/100

Lawyers, Judges, and Related Workers

67% skills overlap Β· $144K median wage

17/100

Business Operations Specialists

80% skills overlap Β· $80K median wage

28/100

❓ Frequently Asked Questions

Will AI completely replace loan officers?

Likely for many tasks. The role will look very different in 5–10 years.

What is the AI risk score for loan officers?

Loan Officers have a composite AI automation risk score of 68 out of 100, classified as "High Risk".

How many loan officers are there in the US?

There are approximately 290,530 loan officers employed in the United States.

What do loan officers earn?

The median annual wage for loan officers is $74K.

What skills should loan officers develop?

Focus on tasks AI can't easily replicate: strategic advisory requiring deep client relationship knowledge, navigating regulatory ambiguity and compliance judgment, ethical judgment in fiduciary and advisory roles. These human-centric skills will become more valuable as routine tasks are automated.