Loan Officer Jobs in Parsippany, NJ
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.
Consumer Loan Servicing Specialist - Insurance & Escrow
- New York, NY (22 miles from Parsippany, NJ)
- 7 hours ago
- New York, NY (22 miles from Parsippany, NJ)
- 7 hours ago
banking, cash management and trust and wealth management....
Citi Commercial Bank - Commercial Lending Management - VP Credit Officer, Asset Based Lending
- New York, NY (22 miles from Parsippany, NJ)
- 12 hours ago
- New York, NY (22 miles from Parsippany, NJ)
- 12 hours ago
To facilitate the CCB's wholesale lending activities, Commercial Lending Management (CLM) serves as an in-business credit function organized around our strategic industries and global target market...
- Fairfield, NJ (5 miles from Parsippany, NJ)
- 1 day ago
- Fairfield, NJ (5 miles from Parsippany, NJ)
- 1 day ago
High level of proficiency with mortgage loan processing and underwriting systems. Commitment to excellence and high standards. Excellent written and oral communication skills....
Remote WorkCommunity Lending Officer - Fulton St.
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
process from application to close....
Mortgage Loan Officer - Tristate
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
NYC Salary Range - Loan Officers are paid in accordance with UNFCU's Mortgage Loan Officer Commission/Compensation Plan....
Mortgage Loan Officer - Retail
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
EXTERNAL LOAN OFFICER- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
Industry Knowledge Advantage - Previously operated as a Loan Officer and actively held state licenses....
Credit Officer / Corporates (Investment Grade and High Yield)
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
- New York, NY (22 miles from Parsippany, NJ)
- 1 day ago
The coverage mainly includes lending transactions related to investment grades corporate and their related financial products (derivative, hedging etc.) but also to high yield obligors with complex...
Director, Senior Credit Officer
- New York, NY (22 miles from Parsippany, NJ)
- 2 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 2 days ago
Apply sound judgement to ensure relevant material is included when evaluating the strengths and weaknesses of a lending proposal....
Community Lending Officer - Fulton St.
- Brooklyn, NY (24 miles from Parsippany, NJ)
- 2 days ago
- Brooklyn, NY (24 miles from Parsippany, NJ)
- 2 days ago
Workshops and Business Development meetings Required Qualifications: 2+ years of experience in loan originations and/or home buyer education Knowledge of conventional and/or government guidelines as...
Credit Officer / LATAM Corporates
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
The coverage mainly includes lending transactions related to general corporate credit and their related financial products (derivative, trade finance etc.) in LATAM....
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing,...
Credit Officer / Large Cap Corporates
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
The coverage mainly includes lending transactions related to investment grades corporate and their related financial products (derivative, hedging etc.) but also to high yield obligors with complex...
Team Lead Securitization Credit Officer, Director
- New York, NY (22 miles from Parsippany, NJ)
- 4 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 4 days ago
Asset based lending / securitization experience is preferred. This position is in office 2 days a week at their midtown office in NYC....
Loan Review Officer - Director level
- New York, NY (22 miles from Parsippany, NJ)
- 4 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 4 days ago
Strong credit knowledge in one or more lending activities: Aviation, Commodities, Energy, Leveraged Finance, Project Finance, Real Estate, or Securitization....
Demographic Data for Parsippany, NJ
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Salary for Loan Officer Jobs in Parsippany, NJ
Highest Education Level
Loan Officers in Parsippany, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Fannie Mae
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Foreign Exchange
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Customer Relations
- High School Diploma
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Interpersonal Skills
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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