Loan Officer Jobs in Fairfield, 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.

1-15 of 79 Jobs

Mortgage Loan Originator

  • Hackensack, NJ (13 miles from Fairfield, NJ)
  • 1 hour ago
  • Hackensack, NJ (13 miles from Fairfield, NJ)
  • 1 hour ago

Job Order Number: DE9957939 Job Title: Mortgage Loan Originator Company: U.S....

Small Business Lending Consultant

  • Essex Fells, NJ (3 miles from Fairfield, NJ)
  • 1 day ago
  • Essex Fells, NJ (3 miles from Fairfield, NJ)
  • 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

Outside Mortgage Loan Officer

  • New York, NY (18 miles from Fairfield, NJ)
  • 3 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 3 days ago

This position is responsible for converting self-sourced leads received from outside referrals and at the branch into loans by promoting the credit unions’ real estate and consumer lending products,...

Risk Management - Lead Credit Officer - Vice President

  • New York, NY (18 miles from Fairfield, NJ)
  • 4 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 4 days ago

Required Qualifications, Capabilities, and Skills: Minimum 7+ years of experience in commercial real estate lending, credit analysis, or loan workouts....

Loan Sales Specialist

  • Elmwood Park, NJ (9 miles from Fairfield, NJ)
  • 5 days ago
  • Elmwood Park, NJ (9 miles from Fairfield, NJ)
  • 5 days ago

process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...

Loan Review Officer

  • New York, NY (18 miles from Fairfield, NJ)
  • 6 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 6 days ago

Strong credit knowledge in one or more lending activities: Aviation, Commodities, Energy, Leveraged Finance, Project Finance, Real Estate, or Securitization....

Credit Officer, Private Banking

  • New York, NY (18 miles from Fairfield, NJ)
  • 6 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 6 days ago

Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank's lending policies and procedures....

Mortgage Loan Originator

  • New York, NY (18 miles from Fairfield, NJ)
  • 7 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 7 days ago

work independently - Ability to analyze financial information - Effective verbal and written communication skills - Established referral base within assigned market preferred -2 years of mortgage loan...

Credit Officer Asset Backed Securities / Securitization Vice President

  • New York, NY (18 miles from Fairfield, NJ)
  • 7 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 7 days ago

Credit officers will manage a portfolio of lending commitments spanning a variety of financing structures across the securitized products sector including ABS, Residential Mortgage-Backed Security and...

Private Bank - Lending Specialist - Executive Director

  • Summit, NJ (11 miles from Fairfield, NJ)
  • 7 days ago
  • Summit, NJ (11 miles from Fairfield, NJ)
  • 7 days ago

, marketable secured lending, aircraft finance and art lending Preferred Qualifications, Capabilities, Skills Knowledge of capital markets and macro interest rate environment Knowledge of account maintenance...

Mortgage Loan Officer

  • New York, NY (18 miles from Fairfield, NJ)
  • 8 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 8 days ago

We are currently hiring dedicated Mortgage Loan Officers who proactively identify, build and maintain a quality network of business relationships that serves as a source of referrals for new mortgage...

Financial Services Representative - Nanuet, NY

  • Nanuet, NY (21 miles from Fairfield, NJ)
  • 8 days ago
  • Nanuet, NY (21 miles from Fairfield, NJ)
  • 8 days ago

Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...

Citi Commercial Bank - Commercial Lending Management - Credit Officer, Senior Vice President - Asset Based Lending

  • New York, NY (18 miles from Fairfield, NJ)
  • 9 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 9 days ago

To facilitate the CCBs wholesale lending activities, Commercial Lending Management (CLM) serves as an in-business credit function organized around our strategic industries and global target market approach...

Loan Originator , Senior Director - Hotel Franchise Finance

  • New York, NY (18 miles from Fairfield, NJ)
  • 11 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 11 days ago

Job Title: Loan Originator, Senior Director - Hotel Franchise Finance Location: New York, New York What you'll do: As a Senior Director you'll be in a senior-level leadership position responsible for...

Mortgage Loan Originator - Queens/Long Island markets

  • New York, NY (18 miles from Fairfield, NJ)
  • 12 days ago
  • New York, NY (18 miles from Fairfield, NJ)
  • 12 days ago

The Mortgage Loan Originator is expected to spend most of their time out of the office developing contacts and originating mortgages....

Demographic Data for Fairfield, NJ

Moving to Fairfield, NJ? Find some basic demographic data about Fairfield, NJ below.


Local
National
7,872
1,252
Medium/Sm

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

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Salary for Loan Officer Jobs in Fairfield, NJ

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 Fairfield, NJ offer the following education background
Bachelor's Degree
38.1%
High School or GED
20.6%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Fairfield, NJ
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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