Loan Officer Jobs in Springfield, 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.
Credit Officer - Director - Corporates Investment Grade & High Yield
- New York, NY (17 miles from Springfield, NJ)
- 2 hours ago
- New York, NY (17 miles from Springfield, NJ)
- 2 hours 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...
Consumer Loan Sales Specialist
- West Orange, NJ (7 miles from Springfield, NJ)
- 2 hours ago
- West Orange, NJ (7 miles from Springfield, NJ)
- 2 hours ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
- New York, NY (17 miles from Springfield, NJ)
- 14 hours ago
- New York, NY (17 miles from Springfield, NJ)
- 14 hours ago
Commercial Loan Officer is an external sales role which focuses on growing a Commercial portfolio through building new customer relationships....
- New York, NY (17 miles from Springfield, NJ)
- 14 hours ago
- New York, NY (17 miles from Springfield, NJ)
- 14 hours ago
The Commercial Loan Officer III will maximize profitability, revenue and retention of new relationships by cross selling the full range of products and services....
- West Orange, NJ (7 miles from Springfield, NJ)
- 20 hours ago
- West Orange, NJ (7 miles from Springfield, NJ)
- 20 hours ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
- Cranford, NJ (3 miles from Springfield, NJ)
- 20 hours ago
- Cranford, NJ (3 miles from Springfield, NJ)
- 20 hours 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...
Senior C&I Portfolio Manager & Loan Administrator
- New York, NY (17 miles from Springfield, NJ)
- 1 day ago
- New York, NY (17 miles from Springfield, NJ)
- 1 day ago
This position is also responsible for ensuring appropriate input into loan origination and tracking systems and providing management reports including pipeline, loan status, and loan completion rates...
Credit Officer - Asset Backed Securities / Securitization - Vice President
- New York, NY (17 miles from Springfield, NJ)
- 1 day ago
- New York, NY (17 miles from Springfield, NJ)
- 1 day 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...
- New York, NY (17 miles from Springfield, NJ)
- 1 day ago
- New York, NY (17 miles from Springfield, NJ)
- 1 day ago
Join a Company that Empowers you to Build your Future The Loan Officer Associate assists Loan Officers while developing skills and knowledge to become a Loan Officer in the future....
- New York, NY (17 miles from Springfield, NJ)
- 2 days ago
- New York, NY (17 miles from Springfield, NJ)
- 2 days ago
Work Experience: Minimum of 5 years; Risk Management, Credit Risk, Workout, Leveraged Lending, Project Finance, or Internal Audit experience....
Credit Officer II Corporate Banking in New York, NY
- New York, NY (17 miles from Springfield, NJ)
- 2 days ago
- New York, NY (17 miles from Springfield, NJ)
- 2 days ago
Maintains up-to-date knowledge on all Bank lending policies and regulations....
- New York, NY (17 miles from Springfield, NJ)
- 3 days ago
- New York, NY (17 miles from Springfield, NJ)
- 3 days ago
Banking credit risk oversees lending activities across CIB Banking industry verticals, including Consumer & Retail (C&R), Energy & Power (E&P), Banks, Healthcare, Industrials, Global, Technology, Media...
Credit Officer II Corporate Banking
- New York, NY (17 miles from Springfield, NJ)
- 3 days ago
- New York, NY (17 miles from Springfield, NJ)
- 3 days ago
Maintains up-to-date knowledge on all Bank lending policies and regulations....
- New York, NY (17 miles from Springfield, NJ)
- 3 days ago
- New York, NY (17 miles from Springfield, NJ)
- 3 days ago
Manages end-to-end loan process with clients, internal/external partners from inquiry through post-closing (e.g., coordinates with the RM on deal structuring and term sheets, presents loan requests...
Bilingual Loan Sales Specialist
- Cranford, NJ (3 miles from Springfield, NJ)
- 3 days ago
- Cranford, NJ (3 miles from Springfield, NJ)
- 3 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...
Demographic Data for Springfield, NJ
Moving to Springfield, NJ? Find some basic demographic data about Springfield, NJ below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Springfield, NJ
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Springfield, 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
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- VA Loans
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- Listening
- High School Diploma
- Retail
- Verbal Communication
- Negotiation
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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