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Interlibrary loan specialist vs loan administrator

The differences between interlibrary loan specialists and loan administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an interlibrary loan specialist and a loan administrator. Additionally, an interlibrary loan specialist has an average salary of $49,669, which is higher than the $42,859 average annual salary of a loan administrator.

The top three skills for an interlibrary loan specialist include interlibrary loan, loan request and OCLC. The most important skills for a loan administrator are customer service, data entry, and loan administration.

Interlibrary loan specialist vs loan administrator overview

Interlibrary Loan SpecialistLoan Administrator
Yearly salary$49,669$42,859
Hourly rate$23.88$20.61
Growth rate4%4%
Number of jobs10,11763,708
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 58%
Average age4545
Years of experience66

Interlibrary loan specialist vs loan administrator salary

Interlibrary loan specialists and loan administrators have different pay scales, as shown below.

Interlibrary Loan SpecialistLoan Administrator
Average salary$49,669$42,859
Salary rangeBetween $33,000 And $74,000Between $31,000 And $59,000
Highest paying City-Seattle, WA
Highest paying state-Hawaii
Best paying company-BNY Mellon
Best paying industry-Finance

Differences between interlibrary loan specialist and loan administrator education

There are a few differences between an interlibrary loan specialist and a loan administrator in terms of educational background:

Interlibrary Loan SpecialistLoan Administrator
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 58%
Most common majorEnglishBusiness
Most common collegeNorthwestern UniversityUniversity of Pennsylvania

Interlibrary loan specialist vs loan administrator demographics

Here are the differences between interlibrary loan specialists' and loan administrators' demographics:

Interlibrary Loan SpecialistLoan Administrator
Average age4545
Gender ratioMale, 28.2% Female, 71.8%Male, 23.2% Female, 76.8%
Race ratioBlack or African American, 10.1% Unknown, 4.7% Hispanic or Latino, 12.4% Asian, 6.9% White, 65.5% American Indian and Alaska Native, 0.5%Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 16.2% Asian, 6.4% White, 63.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between interlibrary loan specialist and loan administrator duties and responsibilities

Interlibrary loan specialist example responsibilities.

  • Manage a multifacete commercial real estate investment firm.
  • Introduce on-line card cataloging, research and retrieval to library and library patrons.
  • Utilize Pubmed, Worldcat, Lexis Nexis, and other database resources to verify citation criteria.
  • Conduct on-line searches using resources such as OCLC, Carl-Uncover, the Internet, and other available electronic databases.
  • Review loan files, facilitate and verify loss mitigation application request, determine eligibility for clients requesting foreclosure financial assistance.
  • Process residential and business disaster loan application by applying SBA guideline standards, utilizing financial and credit analysis techniques.

Loan administrator example responsibilities.

  • Manage a multifacete commercial real estate investment firm.
  • Pull OFAC on all borrowers.
  • Order third party reports such as appraisals, titles, and OFAC information.
  • Order on FHA loans in a timely and efficient manner to meet month end deadlines.
  • Present and sell financial benefits of a variety of FHA, VA, and conventional loans.
  • Coordinate and maintain loans for adherence to credit policy as well as guidelines in keeping compliant with SBA regulations.
  • Show more

Interlibrary loan specialist vs loan administrator skills

Common interlibrary loan specialist skills
  • Interlibrary Loan, 47%
  • Loan Request, 16%
  • OCLC, 12%
  • Circulation Desk, 11%
  • Student Assistants, 9%
  • Research Assistance, 4%
Common loan administrator skills
  • Customer Service, 14%
  • Data Entry, 5%
  • Loan Administration, 5%
  • Loan Processing, 5%
  • Financial Statements, 4%
  • Due Diligence, 4%

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