Loan Officer Jobs in New Orleans, LA

A Loan Officer plays a pivotal role in the banking industry, as they are primarily responsible for evaluating, authorizing, and recommending approval of loan applications for individuals and businesses. They mostly serve as intermediaries between lending institutions and borrowers. They review loan applications to determine the borrower's ability to repay the loan, assess and mitigate potential risks, and guide clients through the application process until the loan is approved and disbursed. Therefore, they assist the banking industry in maintaining a solid client base and promoting financial products and services.

Loan Officers must possess a blend of analytical and interpersonal skills. The ability to analyze financial data to assess the likelihood of a borrower repaying their loan is critical. Additionally, strong communication and customer service skills are needed to explain complex information to clients and build strong relationships. Relevant certification, such as the Mortgage Loan Officer (MLO) license, is often required. Prior roles that may pave the way for a career as a Loan Officer include roles such as Loan Processor, Financial Analyst, or Credit Analyst. These roles provide the necessary experience and understanding of financial products, lending procedures, and risk assessment necessary for a Loan Officer's role.

1-14 of 14 Jobs

Small Business Lending Consultant

  • New Orleans, LA
  • 1 day ago
  • New Orleans, LA
  • 1 day ago

Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...

Remote Work

Commercial Loan Officer Assistant

  • New Orleans, LA
  • 3 days ago
  • New Orleans, LA
  • 3 days ago

Your responsibilities as the Commercial Loan Officer Assistant will include: Work directly with commercial lending staff on loan origination, approval, and closing processes, including reviewing approved...

Consumer Loan Specialist

  • Harvey, LA (6 miles from New Orleans, LA)
  • 7 days ago
  • Harvey, LA (6 miles from New Orleans, LA)
  • 7 days ago

Qualifications: 1+ years of experience in a sales position. High school diploma, bachelor’s degree preferred. Highly motivated individual with an interest in the consumer finance industry. Capable...

Loan Sales Specialist

  • Metairie, LA (5 miles from New Orleans, LA)
  • 14 days ago
  • Metairie, LA (5 miles from New Orleans, LA)
  • 14 days ago

Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Senior Commercial Credit Review Officer (Loan Review)

  • New Orleans, LA
  • 14 days ago
  • New Orleans, LA
  • 14 days ago

SUMMARY The Commercial Credit Review Officer, Sr (Sr CRO) is responsible for evaluating portfolio quality and credit risk management practices within the commercial bank's centralized lending group,...

Financial Services Representative

  • Metairie, LA (5 miles from New Orleans, LA)
  • 14 days ago
  • Metairie, LA (5 miles from New Orleans, LA)
  • 14 days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Mortgage Loan Originator

  • New Orleans, LA
  • 16 days ago
  • New Orleans, LA
  • 16 days ago

Processor for verification of application information Calls applicant or other persons to resolve discrepancies, such as credit report showing late payment history Informs applicant of loan denial...

Mortgage Loan Originator

  • New Orleans, LA
  • 17 days ago
  • New Orleans, LA
  • 17 days ago

Title: Mortgage Loan Originator Department: Mortgage Lending Reports To: SVP, National Sales Manager Supervises: N/A Job Classification: Full-time, Non-Exempt About Us Recognized as one of the most...

Mortgage Loan Officer - Louisiana (Baton Rouge, Shreveport, Monroe, New Orleans)

  • New Orleans, LA
  • 28 days ago
  • New Orleans, LA
  • 28 days ago

Job Description: At Regions, the Mortgage Loan Officer directs origination of residential mortgage loans from a borrower through a branch network....

Mortgage Loan Originator-Community Lender - New Orleans Market

  • New Orleans, LA
  • 30+ days ago
  • New Orleans, LA
  • 30+ days ago

Summary: The Mortgage Loan Originator-Community Lender specializes in, but is not limited to, originating mortgage loans to first time, low to moderate income, as well as, minority homebuyers....

SBA Loan Officer

  • Metairie, LA (5 miles from New Orleans, LA)
  • 30+ days ago
  • Metairie, LA (5 miles from New Orleans, LA)
  • 30+ days ago

PURPOSE OF THE JOB The SBA Loan Officer will be responsible for helping to build, retain, and expand business relationships within an assigned market....

Commercial Loan Officer

  • Harvey, LA (6 miles from New Orleans, LA)
  • 30+ days ago
  • Harvey, LA (6 miles from New Orleans, LA)
  • 30+ days ago

are expected to manage large and complex commercial loan customers Qualifications for the Commercial Lender/Commercial Loan Officer 3+ years of direct commercial lending experience Must have a proven...

Commercial Loan Officer

  • New Orleans, LA
  • 30+ days ago
  • New Orleans, LA
  • 30+ days ago

are expected to manage large and complex commercial loan customers Qualifications for the Commercial Lender/Commercial Loan Officer 3+ years of direct commercial lending experience Must have a proven...

Community Loan Originator

  • New Orleans, LA
  • 90+ days ago
  • New Orleans, LA
  • 90+ days ago

Submits application forms to Mortgage Loan Processor for verification of application information....

Demographic Data for New Orleans, LA

Moving to New Orleans, LA? Find some basic demographic data about New Orleans, LA below.


Local
National
422,866
11,710
Large

Loan Officer Online Courses and Training Opportunities

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Salary for Loan Officer Jobs in New Orleans, LA

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in New Orleans, LA offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in New Orleans, LA
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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